Loan Origination news and trends

Amount Targets ‘Deposit Drift’ With Account Opening Platform
Banking // October 15, 2024

Banking technology firm Amount has introduced its unified account opening and loan origination platform. The new solution is designed to help banks and credit unions reduce costs, streamline operations and improve customer/member experience, the company said in a Tuesday (Oct. 15) news release. “According to a 2023...

Lama AI and Bridge Partner to Connect Businesses and Lenders
artificial intelligence // August 21, 2024

Lama AI and Bridge have partnered to expand the availability of commercial loans. With this collaboration, the financial institutions using Lama AI’s artificial intelligence (AI)-powered origination technology will be able to access Bridge’s marketplace that connects business owners and lenders, the companies said in a...

Account Onboarding Gets Its AI Makeover
Fraud Prevention // August 20, 2024

Here’s the thing about fraud: You don’t want to have to calculate the ROI of fraud when it’s too late. Because the flip side can be treacherous. Unfortunately, the prevailing mindset of banks and other companies may be that they don’t have the resources to...

Bain and Smith Hill Partner on Hospitality Sector Financing Solutions
Partnerships // October 25, 2023

Bain Capital and Smith Hill Capital have formed a joint venture aimed at serving the finance needs of companies and assets in the hospitality sector. With a goal of deploying $1 billion of capital over the next few years, this partnership seeks to serve high-performing, growth-oriented hospitality borrowers,...

Interviews & Exclusives
Account Onboarding Gets Its AI Makeover

August 20, 2024
Here’s the thing about fraud: You don’t want to have to calculate the ROI of fraud when it’s too late. Because the flip side can be treacherous. Unfortunately, the prevailing mindset of banks and other companies may be that they don’t have the resources to invest into those anti-fraud efforts unless they’ve been under attack. […]

LendingClub Loan Applications Surge 18 Pct Despite Earnings Miss

February 20, 2019
LendingClub shares sank on guidance that missed the Street, but management said fourth quarter lending activity was strong across personal and auto loans, even as the macro environment moving forward...

Quick Reads
Amount Debuts AI Policy Optimizer for Risk Assessment, Credit Underwriting

October 24, 2024
Credit underwriting strategy can be an untapped competitive advantage for lenders. It turns out analytics can be used to automate and improve that too. To help financial institutions of all sizes customize their credit, pricing and fraud policies, the consumer and small business deposit and loan origination software solutions provider Amount has launched an AI […]

Amount Targets ‘Deposit Drift’ With Account Opening Platform

October 15, 2024
Banking technology firm Amount has introduced its unified account opening and loan origination platform. The new solution is designed to help banks and credit unions reduce costs, streamline operations and improve customer/member...

Lama AI and Bridge Partner to Connect Businesses and Lenders

August 21, 2024
Lama AI and Bridge have partnered to expand the availability of commercial loans. With this collaboration, the financial institutions using Lama AI’s artificial intelligence (AI)-powered origination technology will be able...

Bain and Smith Hill Partner on Hospitality Sector Financing Solutions

October 25, 2023
Bain Capital and Smith Hill Capital have formed a joint venture aimed at serving the finance needs of companies and assets in the hospitality sector. With a goal of deploying $1 billion of...