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OnDeck Launches ODX To Help Banks Lend To SMBs Online

PYMNTS

OnDeck Capital has created a unit that will provide technology and services for banks lending to small businesses over the internet. Reuters , citing the company, reported the new company will be called ODX and will expand its business, in which it provides lending software to banks.

Lending 108
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Fintech Deals to Watch: Fall Festivities

Gonzobanker

Treasury management provider Dragonfly Financial Technologies launched independently from an ACI Worldwide sale. Alkami partnered with Clinc for conversational AI, Atomic for direct deposit switching and FINBOA for payment dispute management. Jack Henry expanded its partnership with SMA Technologies.

Fintech 103
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Fintech Deals to Watch: Back to School

Gonzobanker

Lending Tech With Almost Steady Grades (Even With Rough Semesters). Mortgage services provider ICE acquired mortgage services provider Black Knight bringing together the two largest providers in the space.

Fintech 195
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Mindtree and Finastra Partner to Deliver Managed Services Payments Solutions in the Nordics, the UK and Ireland

Bobsguide

London — May 16, 2022 — Mindtree , a global technology services and digital transformation company, and Finastra , a leading financial technology provider, today announced a partnership to bring Finastra’s Fusion Payments To Go payments technology to banks in the Nordics, the UK and Ireland, as a managed service.

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Paya FinTech To Go Public With Special Merger, New Investors

PYMNTS

The complicated transaction includes commitments for a $250 million common stock private placement from investors that include Franklin Templeton and Wellington Management Company. Such dealings involve companies such as small business lending platform Kabbage , Ansonia Credit Data and B2B credit and payments systems provider MSTS.

Fintech 159
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Linking Cross-Border B2B Payments Across Cloud Platforms

PYMNTS

After all, if a company has worked so hard to develop some type of financial technology, why would they want to lend that technology out to just about anyone? The CEO pointed to the expanding adoption of cloud technology as a key driver of this trend. Galit stated. It’s a big world out there,” he continued.

Payments 189
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5 ways AI can improve customer service

Independent Banker

We can see customers who are paying loans at other institutions, estimate loan balances and generate a shortlist by relationship manager,” says Lappetito. In addition, AI enabled Sunwest to pursue its specialty of solar lending. Venu Gopal, chairman of the board of Quinte Financial Technologies, Inc.