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VyStar Credit Union taps Zest AI for instantaneous loan decisions

Bank Innovation

Through Zest’s tools, the Jacksonville, Fl.-based Jenny Vipperman, chief lending officer at VyStar said the goal is to use automation […]. VyStar Credit Union is using Zest AI’s underwriting technology to speed up its loan assessment processes.

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DOJ Redlining Consent Order With Ameris Bank

CFPB Monitor

Department of Justice (DOJ) entered into a proposed consent order with Ameris Bank to resolve allegations of redlining from 2016 through 2021 in majority Black and Hispanic areas in the Bank’s Jacksonville, Florida assessment area under both the Equal Credit Opportunity Act (ECOA) and Fair Housing Act.

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FIS touts client growth and loyalty partnership with PayPal

Bank Innovation

In a fourth-quarter earnings call last week, the Jacksonville, Fla.-based The modernization of core banking tools and loyalty point redemption mechanisms are key priorities for banking technology provider FIS.

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Bank owned by private equity investors bets big on fund finance

American Banker

The Jacksonville, Florida, company has hired a pair of prominent industry experts to lead a new division tasked with serving investment funds. Despite an industrywide rough patch, EverBank still sees promise in the niche business line.

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Impact Roadshow | Jacksonville, FL

Filene

QCash - An omni-channel lending solution that offers relationship based underwriting (without credit check) to members in search for small, short-term unsecured loans. Innovation Immersion - Filene’s Innovation Immersion program helps credit unions execute on innovation, ideas, and cultural change.

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FIS, The Clearing House Partner To Connect Small, Mid-Sized Lenders To RTP

PYMNTS

The Jacksonville, Florida-based financial software company provides a managed platform service for banks to quickly and cost-effectively connect to the Real-time Transport Protocol (RTP).

St. Louis 130
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CFPB announces new appointments to advisory groups

CFPB Monitor

According to the CFPB, the new members “include experts in consumer protection, financial services, community development, fair lending, civil rights, consumer financial products or services, representatives of community banks and credit unions, and scholars with relevant methodological and subject matter experience.”