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Fiserv makes some noise in Illinois with core banking tech revamp

Interested in blockchain

Iroquois Federal Savings & Loan Association, a $580 million entity in the US state of Illinois, is modernising its front-to-back office technology with Fiserv.

Valley National Bank takes commercial lending to the cloud

The Clearing House and VocaLink plan to bring real time payments to the US

Valley National Bank, a $23 billion financial institution in New Jersey, is implementing nCino’s Bank Operating System for commercial lending.

Top fintech stories this week – 24 March 2017

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Catch up on Banking Technology’s top five fintech stories of the week – all in one place!

Faster loans for consumers with little credit history? Experian and Finicity think so

Credit score

New underwriting technology developed by Experian and financial data aggregator Finicity could speed up borrowing and enable millennials and other consumers with thin or no credit files to receive money. The product emerges amid a federal call for more work on helping those potential borrowers build credit scores.

Nedbank overhauls commercial lending with Misys tech

New retail bank coming to South Africa

Nedbank, one of South Africa’s largest banks, is implementing a new syndicated lending system, Fusionbanking Loan IQ, supplied by Misys.

Alterna Bank launches Canada’s first fully digital mortgage

National Bank of Canada will use Orc algorithms and direct market access

Ontario-based Alterna Bank says it has launched “Canada’s first and only end-to-end digital mortgage”.

TSB Bank automates loan origination with Cloudcase

New Plymouth, New Zealand, home of TSB Bank

TSB Bank in New Zealand is rolling out a new lending solution from Australia-based fintech start-up Cloudcase.

Yes Fintech accelerator unveils 12 finalists

CEO is now Chief Cultural Transformation Officer

Yes Fintech, the accelerator programme of India’s Yes Bank, has unveiled its 12 finalists.

China’s CredEX Fintech lending app surges past $4.3bn mark

china-square-flag

China-based CredEX Fintech says its mobile lending app’s total credit extended has exceeded CNY 30 billion ($4.3 billion) since its launch ten months ago. According to the firm, its user base has gone beyond five million, daily credit has been extended up to CNY 100 million ($14.4 million), and the average credit extended stands at […]

QNB Finansbank first in Turkey to launch digital signatures in branches

QNB Finansbank brings digital innovation

Turkey-based QNB Finansbank, a subsidiary of QNB Group and one of the top five privately owned banks in the country, has enabled its customers to use digital signatures for account opening and loans in the bank’s branches.

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