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Section 1071 of the Dodd-Frank Act (DFA) mandates that banks comply with the Equal Credit Opportunity Act (ECOA) small business data collection requirements. Finastra, a global provider of financial software applications and marketplaces, announced today the launch of its Small Business Data Collection module.
After completing the acquisition of Cashalo, a consumer credit and lending company located in the Philippines, Empower Finance, a US-based credit underwriter, has reached a final agreement to purchase Petal, a credit card and financial tech company.
Zest, an employee benefits provider, and Newcastle Building Society, one of the biggest building society in the UK, have teamed to offer flexible benefits via Zest's user-friendly website.
The savings offering from UK digital bank Chetwood Financial, SmartSave, has surpassed the previous year's record by double, hitting over £2 billion in direct deposits.
UK-based fintech company Pactio, which specializes in the private equity (PE) industry, has finished a £11 million series An investment round
Genesis Global introduced a novel approach to mechanize bank procedures aimed at mitigating credit risk in lending and financing enterprises.
Juniper leads the way in innovative insurance coverage for reproductive health.
April 12, 2024
Finastra introduces a small business DFA 1071 compliance data gathering module.
April 12, 2024
