article thumbnail

Digital lending fintech enters auto

Bank Innovation

LAS VEGAS — Bank of Oklahoma has adopted Blend’s digital lending platform, the fintech announced at the 2019 Auto Finance Summit. Blend’s platform is designed to simplify user experience for the consumer to drive increases in completed online applications and funding rates.

Las Vegas 170
article thumbnail

How Financial Institutions Focus on Customers Is Key

Abrigo

The session is among several panel discussions and speaker sessions that are part of the Lending + Credit Risk track at the conference, hosted by Abrigo Sept. Stay Up-to-Date On Lending Best Practices. Some financial institutions, such as Vision Bank, have taken steps to speed lending decisions by automating steps of the process.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

FinTechs Take A Regional Approach To SMB COVID-19 Relief

PYMNTS

Below, PYMNTS rounds up the latest solutions that FinTechs and lenders are developing to ease the PPP lending process for SMBs and FIs alike, with many initiatives focused on enabling regional and community banks to maintain a competitive edge against the biggest banks. LendingTree. Fresno First Bank. Funding Xchange, Experian. In the U.K.,

Fresno 142
article thumbnail

Creating a Customer-Centric, Digital Financial Institution

Abrigo

Once only accessible to large financial institutions and digital-only banks, today’s technology affords smaller financial institutions the opportunity to level the playing field by automating the lending process to get money in customers’ hands sooner. Technology, like banking, isn’t “one-size-fits-all.”

Oklahoma 218
article thumbnail

NY DFS announces multistate investigation of payroll advance industry

CFPB Monitor

In its press release, the DFS claims that the investigation will look into “allegations of unlawful online lending” and “will help determine whether these payroll advance practices are usurious and harming consumers.” Oklahoma Department of Consumer Credit. Maryland Office of the Commissioner for Financial Regulation.

article thumbnail

Lender Life

Independent Banker

Robust online mortgage websites embrace today’s lending challenges as well as consumer needs. When Community Bank of Bergen County unveiled its online mortgage hub this summer, the bank put “ease of use” at the top of its goals for the site, says President and CEO Peter Michelotti. “I The online mortgage hub at D.L.

article thumbnail

Fintech Fundings: 24 Companies Raise $560 Million Week Ending Sep 18

Fintech Labs Insights

Online investment platform. HQ: Oklahoma City, Oklahoma. Risk management for P2P lending. Tags: Consumer, lead gen, lending, mortgage. Health insurance. HQ: New York City. Latest round: $32.5 Total raised: $327.5 Source: Crunchbase. Aspiration. HQ: Marina Del Rey, California. Latest round: $15.5 Latest round: $11.5