Latest news with #LoanOrigination
Yahoo
10-07-2025
- Business
- Yahoo
FIS Positioned as a Category Leader Across All Five Credit Lending Operations Quadrants in Chartis Research Report
Key Facts FIS has been recognized as a Category Leader across all five quadrants in the Chartis Research 2025 Credit Lending Operations report. FIS was recognized in areas that included loan origination, loan management, and credit lending for alternative finance. The recognition illustrates FIS' leading position in providing innovative solutions for a market segment increasingly crucial to driving the world's economies. JACKSONVILLE, Fla., July 10, 2025--(BUSINESS WIRE)--FIS® (NYSE: FIS), a global leader in financial technology, has been recognized as a Category Leader across all five quadrants in the Chartis Research 2025 Credit Lending Operations vendor analysis report. The recognition marks a significant achievement, underscoring FIS' commitment to innovation and excellence in unlocking leading-edge lending solutions. The report evaluated the capabilities of vendors across loan origination, loan management, limits management, collateral management, and alternative finance solutions. Vendors were evaluated based on capabilities such as integration with upstream and downstream systems, adoption of cloud and low-code/no-code frameworks, and advanced analytics. "Being named a Category Leader across all five major credit lending quadrants serves as a testament to the strength of our integrated platform and our unwavering commitment to driving results for our clients and their money at work," said Steve Sabin, head of Capital Markets Lending at FIS. "We are proud to help financial institutions adapt to a dynamic lending landscape with solutions that set the standard for scalability, efficiency and innovation." In an increasingly uncertain economic backdrop, lending markets continue to be a crucial growth driver for modern economies. However, with complex market risks and costly processes to manage, fragmented and manual systems can impair a firm's ability to meet borrowers' needs, maintain customers and manage risk. By offering configurable, cloud-enabled solutions, FIS helps both traditional and alternative lenders to improve their processes across the lending lifecycle, providing greater trust and resiliency for a crucial segment of the world's money lifecycle. Specifically, FIS was recognized for the following: Loan Origination Systems (LOS): Platform capabilities, product capabilities, and LOS processing; alongside advanced workflow management, adoption of advanced technologies, and analytical capabilities Loan Management Systems (LMS): Platform and product excellence, LMS processing, workflow integration, and credit risk analytics Limits Management Systems (LiMS): Robust platform design, advanced limits processing, credit analytics, and effective integration Collateral Management Systems (CMS): Tied for highest product capabilities score among all vendors Credit Lending Operations for Alternative Finance: Best-in-class performance across the board "FIS' Category Leader status in our latest Credit Lending Operations Report reflects its deep domain expertise and strong global strategy, combined with an extensive suite of products in the lending space," said Anish Shah, research director at Chartis. "FIS stood out for its robust platform embedded with advanced data and analytical capabilities, which supports the loan lifecycle across a variety of loan types. Moreover, FIS' solutions enable firms to automate business processes by leveraging advanced technologies within a well-established ecosystem of partners." For more information about FIS' credit lending solutions or to explore how they can transform your lending operations, visit About FIS FIS is a financial technology company providing solutions to financial institutions, businesses and developers. We unlock financial technology to the world across the money life cycle underpinning the world's financial system. Our people are dedicated to advancing the way the world pays, banks and invests, by helping our clients to confidently run, grow and protect their businesses. Our expertise comes from decades of experience helping financial institutions and businesses of all sizes adapt to meet the needs of their customers by harnessing where reliability meets innovation in financial technology. Headquartered in Jacksonville, Florida, FIS is a member of the Fortune 500® and the Standard & Poor's 500® Index. To learn more, visit Follow FIS on LinkedIn, Facebook and X. View source version on Contacts For More Information Kim Snider, 904.438.6278Senior Vice PresidentFIS Global Marketing and Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
04-07-2025
- Business
- Time of India
Salesforce to advance AI-led processes for godrej capital's lending business
Godrej Capital, the financial services arm of the Godrej Industries Group, and Salesforce, the #1 AI CRM*, today announced a strategic collaboration to deepen Godrej Capital's subsidiaries' technology edge in digital lending infrastructure and drive superior customer experience across its portfolio in India. Deloitte India has been onboarded as the implementation partner for this initiative, facilitating seamless integration and accelerated deployment of Salesforce's advanced platforms across Godrej Capital's lending for its consistent focus on innovation and early adoption of GenAI-driven solutions, this collaboration with Salesforce reflects a shared vision to build a future-ready, digitally agile lending ecosystem. With Deloitte's proven expertise in delivering large-scale technology transformations, the partnership is expected to significantly enhance operational agility, customer experience, and risk intelligence across the company's product portfolio. As a part of this collaboration, the company is enhancing its lending infrastructure by consolidating its Loan Origination System (LOS) into best-in-class AI-driven platforms, powered by Salesforce, across its entire product line, alongside its existing core customer relationship management (CRM) platform. This modernized infrastructure enables the delivery of highly intelligent, seamless, and personalized lending journeys - right from initial application to disbursement. These enhancements are aimed at further improving turnaround times, driving accuracy, and strengthening credit delivery for individuals and enterprises across India. By leveraging Salesforce's AI-driven insights, the company is creating a more agile, data-lending process to support smarter cross-selling strategies, sharpen risk management, and deliver more tailored experiences at scale. With a unified 360-degree view of customers across products, channels, and touchpoints, the company is well-positioned to continue offering exceptional customer service, operational agility, and minimized manual interventions across its lending lifecycle. Comments on the news: Manish Shah, MD & CEO, Godrej Capital , said, 'At Godrej Capital, our technology-first approach and ongoing investments in GenAI have been key to how we scale financial solutions. Our continued association with Salesforce, a global leader in AI-driven platforms complements these efforts, enabling us to deliver even smarter credit experiences, improve operational efficiency, and create new opportunities for personalization and speed. More importantly, this partnership reflects our shared focus on applying technology to solve real-world challenges in financial services and supporting India's broader economic growth through a more inclusive, agile lending ecosystem.' Arundhati Bhattacharya, President and CEO, Salesforce - South Asia , shared, 'The financial services industry is at a defining moment — where technology is not just enhancing systems, but fundamentally reshaping how institutions engage, decide, and serve their customers. In a digital-first world, the future will belong to those who lead with intelligence, agility, and trust. AI is central to this shift - enabling faster decisions, deeper customer insight, and more personalized engagement at scale. Godrej Capital stands out as a bold innovator in this space - combining a strong customer-first ethos with a digital-first mindset. As they reimagine credit delivery not only for India's MSMEs but for every borrower, entrepreneur, and household that fuels the country's growth, we're proud to support their journey with a unified, AI-powered platform that brings together data, intelligence, and speed to unlock the next frontier of inclusive growth.' Ashwin Ballal, Partner, Deloitte India , added, 'We are pleased to partner with Godrej Capital on this ambitious transformation. The integration of Salesforce's AI-led platforms, combined with Godrej Capital's digital-first vision, presents a tremendous opportunity to reshape lending experiences in India. Our deep domain knowledge, proven implementation capabilities, and global best practices will support Godrej Capital in building an agile, scalable, and future-ready digital infrastructure that delivers real business impact.' With an expanding footprint, Godrej Capital continues to invest in scalable, future-ready technology. Its in-house teams are driving GenAI-led solutions across functions to enhance efficiency. Strengthening this, SAKSHAM, the company's enterprise-grade GenAI and ML platform, centralises AI development, enables secure LLM integration, and simplifies governance to deliver intelligent, customer-centric solutions for the evolving BFSI landscape. As part of the ongoing product innovation, Salesforce continues to expand the boundaries of enterprise AI with Agentforce — the Salesforce Platform that enables companies to build and deploy AI agents capable of autonomously taking action across business functions. Agentforce represents the next evolution of Salesforce — a platform where AI agents work alongside humans to create a digital workforce that amplifies human potential and delivers results with unmatched speed and intelligence. *Salesforce, the #1 CRM , powered by AI technology and capabilities .
Yahoo
23-06-2025
- Business
- Yahoo
Algebrik AI Partners with TruStage™ to Offer Embedded Lending Protection Products Through the Loan Origination Journey
NEW YORK, June 23, 2025 /PRNewswire/ -- Algebrik AI, a Delaware-incorporated company headquartered in New York City, pioneering the world's first cloud-native, AI-powered, digital era Loan Origination System (LOS), today announced a partnership with TruStage™, a financially strong insurance and financial services provider. This collaboration integrates the education of a broad suite of lending protection offerings from TruStage—including GAP coverage, debt protection, credit insurance, and mechanical repair coverage—directly into Algebrik's end-to-end digital lending workflows. Making Protection Part of the Lending JourneyWith this integration, Algebrik enables credit unions and community lenders to present TruStage protection products directly within the digital loan application flow—empowering borrowers to choose coverage that fits their needs without disrupting the journey. Whether for auto loans, personal loans, or other credit products, protection options are embedded natively into Algebrik's borrower experience and remain easily configurable by loan officers. Key Benefits of the Integration Comprehensive Coverage Options – Offer GAP coverage, credit insurance, debt protection, and mechanical repair coverage products—all surfaced directly within Algebrik's LOS. Embedded at the Point of Decision – Borrowers encounter relevant protection choices within the same digital flow, with no need to redirect or re-engage later. Configurable by Loan Type & Member Segment – Institutions can tailor which TruStage products are presented based on loan type, member profile, or risk category. Simplified Operations, Centralized Reporting – Built-in tracking, configuration, and compliance support helps lenders manage enrollment, documentation, and servicing with minimal manual effort. Bringing Value to the Lending Experience "Helping credit unions deliver more than just a loan has always been core to Algebrik's vision," said Pankaj Jain, Founder & CEO of Algebrik AI. "By embedding TruStage's protection suite directly into the origination journey, we're enabling lenders to offer financial resilience and peace of mind at the exact moment it matters most—without compromising speed, simplicity, or compliance." "As we face growing economic uncertainty, 80% of consumers say they would be interested in protection plans on their next loan. Yet more than half don't recall be offered these options," said Corinn Maier, VP, Lending Payment Protection at TruStage. "By embedding Payment Protection directly into Algebrik's LOS, we can more easily give consumers and lenders greater peace of mind and financial stability." About Algebrik AIAlgebrik AI, headquartered in New York City, is the world's first cloud-native, AI-powered Loan Origination System (LOS), designed for the next generation of members. In an industry that hasn't seen significant innovation in lending technology in over 25 years, it was high time that someone stepped in to help credit unions of all sizes regain their former glory. Algebrik AI's mission is to empower credit unions to attract, engage, grow, and retain next-gen members while staying competitive in today's digital era. By transforming loan originations end-to-end, Algebrik AI takes on the heavy lifting, allowing credit unions to focus on helping the members & communities they serve. For more information, visit About TruStageTruStage™ is a financially strong insurance and financial services provider, built on the philosophy of people helping people, meeting the needs of middle-market consumers and the businesses that serve them since day one. We believe a brighter financial future should be accessible to everyone, and our products and solutions help people confidently make financial decisions that work for them at every stage of life. With a culture rooted and focused on creating a more equitable society and financial system, we are deeply committed to giving back to our communities and improving the lives of those we serve today, and tomorrow. For more information, visit For more information on how Algebrik AI is transforming lending, visit For the latest on cutting-edge lending technology & AI, follow Algebrik AI on LinkedIn at: Or chat with the Algebrik AI team at: letschat@ Contacts Media:Algebrik AIPankaj JainFounder & View original content to download multimedia: SOURCE Algebrik Error in retrieving data Sign in to access your portfolio Error in retrieving data
Globe and Mail
11-02-2025
- Business
- Globe and Mail
TurnKey Lender Recognized as a Leader and Star Performer in the Consumer Loan Origination Systems (LOS) PEAK Matrix Assessment 2024 by Everest Group
TurnKey Lender, a global provider of end-to-end loan origination and loan management software, has been named a Leader and Star Performer in the Consumer Loan Origination Systems (LOS) PEAK Matrix Assessment 2024 by Everest Group. This report evaluated 24 leading providers in the industry on a global level, ranking them based on their capabilities, market influence, and overall performance. 2024, A Challenging Year for Lenders This year has been challenging for lenders due to growing compliance requirements, evolving security threats, and AI and machine learning reshaping market dynamics. On top of that, increased competition and information overload have caused decision paralysis for lenders out there. In such a challenging environment, the PEAK Matrix Assessment offers valuable insights, presenting a list of providers to help identify the best loan origination solution (LOS) providers for any business. Key Insights: How the PEAK Matrix Ranks Providers The report goes beyond simple rankings, examining key trends in the consumer loan origination industry and evaluating the strengths and weaknesses of each provider. The assessment ranks and provides insights by classifying companies as Aspirants, Major Contenders, Star Performers, and Leaders, based on their ability to successfully deliver products and their market impact. The assessment also includes: - Interactions with leading technology providers - Client reference checks - Ongoing analysis of the open banking IT services market As Everest Group explains, the analysis focuses on how these technologies help banks handle profitability, regulatory compliance, and offer personalized services in a competitive financial tech landscape. What Makes TurnKey Lender a Leader TurnKey Lender stands out for its exceptional customer service, ease of use, and technological stack, which includes: - A no-code platform that allows seamless customization - AI-powered full-scale automation to speed up loan approvals - Integrated compliance tools tailored to local regulations - A strong emphasis on security, enhanced by machine learning. With these advanced features, TurnKey Lender comes out as a trusted choice for financial institutions looking for efficiency, customization, and security in a fast-changing market. As Dmytro Voronenko, CEO & co-founder of TurnKey Lender, commented: 'The need for an advanced LOS has evolved faster than ever in the last two years. With the rise in regulatory changes, the need for better risk management, and faster loan approvals, financial institutions need a strong and trustworthy partner that can help them grow faster and not fall behind. Given these factors, I'm proud to share that TurnKey Lender has been recognized as a Leader and Star Performer. We believe that true success comes from staying ahead of the curve and driving change. And we'll continue to lead that charge.' Media Contact Company Name: TurnKey Lender Contact Person: Michal Tomek Email: Send Email Country: Singapore Website:
