Tag: LendTech News North America
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...
Raymond James Bank to deploy ICE Mortgage Technology’s lending solution Encompass
Raymond James Bank (RJF), based in Florida, US, has partnered with ICE Mortgage Technology to enhance its mortgage lending operations for high-net-worth borrowers.
...
BNPL lender Sunbit secures $310m debt facility with Citi and Ares Management Credit
Sunbit secures a $310 million debt warehouse facility from Citi and Ares Management Credit.
Builds upon a previous $250 million debt facility obtained...
Ally Financial sells POS financing business to Synchrony
Acquisition Announcement: Connecticut-based financial services firm Synchrony to acquire Ally Lending, the point-of-sale financing business of Ally Financial.
Duel Offering Strategy: Synchrony aims to create...
US private equity firm WCAS buys majority stake in EquiLend
WCAS, a New York-based private equity firm, has acquired a majority stake in EquiLend, a securities lending platform.
EquiLend anticipates the deal's completion...
CSI snaps up partner Hawthorn River for single-platform loan origination system
CSI Acquisition: CSI, a US fintech solutions provider, has acquired Hawthorn River for an undisclosed sum to enhance its loan origination capabilities.
Hawthorn River...