Tag: Lending

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CFPB to cap credit card late fees at $8 and increase accountability among issuers

CFPB Caps Late Fees on Credit Cards:Ruling by CFPB:The Consumer Financial Protection Bureau (CFPB) has finalized a ruling that limits late fees...

Mexico’s Ziff acquires digital lending start-up Arrenda

Mexico-based fintech Ziff has completed the acquisition of digital lending start-up Arrenda for an undisclosed sum. Through this deal, Ziff gains control of...

Mexican microlending start-up Baubap secures $120m in debt financing

Mexico-based consumer microlending platform Baubap has secured $120 million in debt financing in a pre-Series A funding round led by US fintech capital...

Nottingham Building Society taps MQube for AI-powered mortgage origination platform

Nottingham Building Society, also known as The Nottingham, has partnered with software vendor MQube to enhance its mortgage lending processes. The UK Building...

FHLBank of Pittsburgh selects SimCorp Dimension for investment management

The Federal Home Loan Bank (FHLBank) of Pittsburgh has entered an eight-year agreement with Denmark's SimCorp for its investment management platform, SimCorp Dimension. ...

Commerce Bank taps Temenos for loan origination solution

US private bank Commerce has implemented Swiss core banking vendor Temenos' Infinity loan origination solution to enhance operational efficiency and offer personalized customer...