UK-based lending technology provider Lenvi has unveiled its new automated loan verification software, ALVIN, designed to combat fraud risks such as double pledging. The launch follows a series of high-profile fraud cases involving MFS, Tricolor, and First Brands Group.
Double pledging takes place when a borrower uses the same asset as collateral to secure multiple loans from different lenders simultaneously—without informing the lenders that the collateral has already been pledged as...
- SettleMint has partnered with Ripple to integrate Ripple Custody into its Digital Asset Lifecycle Platform (DALP), bringing custody, issuance, compliance, settlement, and servicing together on one platform.
- The partnership expands Ripple’s institutional digital asset footprint while strengthening SettleMint’s ability to offer financial institutions an end-to-end platform for managing tokenized assets.
- The tie-up reflects tokenization’s shift from experimentation to...
- MeridianLink announced its acquisition of financial wellness platform Credit Mountain. Financial terms were not disclosed.
- The acquisition will help MeridianLink launch its Pathway solution, which helps community financial institutions provide declined borrowers with a personalized pathway to loan approval.
- Credit Mountain won Best of Show in its Finovate debut at FinovateFall 2024 in New York.
As FinovateFall 2026 approaches, we're sharing news from FinovateFall alumni to...
We officially have 72 demos on stage at this year’s FinovateFall conference, taking place September 9 through 11 at the Marriott Marquis in New York (book now!). This year's lineup is a nice mix of startups with established players, and with all demos running on a single track, you won't miss a thing. This concentrated format makes it easy to spot the patterns shaping bank roadmaps for the next 12 to 18 months.
Here's a look at what trends lie ahead, based on what we're seeing across...
How do companies get priced? What variables are involved in determining the true value of a firm, especially as it moves closer to leaving the private market and becoming a publicly traded entity?
We caught up with Isabelle Freidheim, founder of Athena Capital, to answer these and other questions about the current investment landscape, especially for fintech companies. In this extensive conversation Freidheim shares her insights into the challenge of helping profitable technology...
