Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Oracle taps into Open Banking for digital mortgage origination

Now available in the UK, Oracle Banking Enterprise Originations solution will help banks and building societies transform residential, buy-to-let and SME mortgage origination. Using design principles of open architecture, progressive data decisioning and complete process automation the solution will enable lenders to process mortgage applications far more efficiently by utilising best-in-class digital technologies.

19 August 2019

News/Mortgage processing

Tandem Bank leverages Open Banking to offer competitive mortgages

Mobile bank Tandem is developing the UK’s first crowd-designed mortgage for those hoping to get on the property ladder, allowing priced-out consumers to share their personal mortgage must-haves with the digital challenger.

13 August 2019

Company update/Mortgage processing

Habito unveils ‘4 Months’ Notice’ commitment on lapse of fixed rate mortgage deals

Habito, the UK’s first online mortgage broker and lending platform, has unveiled plans to tackle the issue of British homeowners paying over the odds from lapsing on to their lender’s standard variable rate (SVR) by launching its 4 Months’ Notice pledge - a commitment to ensuring all its customers have adequate time to switch their mortgage prior to their fixed rate deal ending.

08 August 2019

Company update/Mortgage processing

Augmentum Fintech invests £5 million in Habito

The Board of Augmentum Fintech plc (LSE: AUGM) (the “Company” or “Augmentum”), the UK’s only publicly listed investment company focusing on the fintech sector, is pleased to announce the Company has made an investment of £5 million in Habito .

05 August 2019

Company update/Mortgage processing

Habito unveils its first range of mortgages

Habito, the UK’s online mortgage broker today announces the launch of its groundbreaking mortgage origination platform with a suite of Habito-branded mortgages for individual landlords.

09 July 2019

News/retail

Lending tech firm Blend raises $130m

American digital lending technology player Blend has raised $130 million in a Series E funding round led by Temasek and General Atlantic.

25 June 2019

Company update/retail

Finicity integrates with LendingQB to boost mortgage origination process

Finicity, a leading provider of real-time financial data access and insights, announced today an integration with LendingQB, a leading provider of SaaS loan origination technology solutions.

20 June 2019

News/Mortgage processing

HSBC Bank USA partners Roostify for digital mortgage platform

HSBC's US arm has enlisted startup Roostify to help it build a digital home lending platform that promises to combine the latest technology with a "human-centric" approach.

20 June 2019

Company update/Mortgage processing

Capgemini enables digital mortgage processing at Skandiabanken

Capgemini today announced its successful engagement with Skandiabanken, the banking arm of Skandia, marked by the debut of LUX, the bank’s newly transformed digital mortgage lending business.

21 May 2019

News/devops

Live: FusionONE 2019 - day one

Welcome to Finextra’s live coverage of FusionONE 2019. This two-day event is Finastra's first major developer conference, which will see hundreds of developers from fintech companies and banks taking part in a deep dive into FusionFabric.cloud tools and infrastructure.

21 May 2019

News/devops

Finastra opens up to bank and fintech developers with APIs, apps and integration

Ahead of its FusionONE open banking developer conference this week, Finastra has revealed its new FusionFabric.cloud platform for mortgage and loan workflows, deepening its partnership with Microsoft. The vendor has also contracted with nbkc bank to build a conversational banking app on the platform, and released some 61 new APIs to the developer community.

20 May 2019

Company update/Mortgage processing

NatWest paperless mortgage process picks up 100,000 customers

More than 100,000 NatWest customers have benefitted from NatWest’s paperless mortgage application process since it was launched in September 2017.

16 May 2019

Company update/Mortgage processing

OakNorth enters retail mortgage market

OakNorth – the bank for entrepreneurs, by entrepreneurs – has today announced it is entering the retail mortgage market with lifetime tracker rate products, aimed at affluent individuals with atypical sources of income.

07 May 2019

News/wholesale

ICE makes mortgage play with Simplifile acquisition

Intercontinental Exchange (ICE) has struck a $335 million deal to buy Simplifile, the operator of a network connecting the agents and jurisdictions that underpin residential mortgage records.

02 May 2019

News/startups

Aussie challenger 86 400 scores home loan distribution deal

Australian challenger bank 86 400 has come a step closer to launching a home loan product after securing a national distribution deal with mortgage broker aggregator Vow Financial.

15 April 2019

Company update/Mortgage processing

Digital mortage broker Trussle names Simon Williams as chairman

Today, the UK’s first online mortgage broker announces appointment of two senior hires to the executive board. Veteran banker, Simon Williams, and product technology executive, Supriya Uchill, have joined the company as it enters a major expansion phase.

12 April 2019

Company update/Mortgage processing

MoneySuperMarket launches remortgage platform

MoneySuperMarket has launched a new remortgage platform, powered by Podium – the first step towards delivering the first digitised ‘comparison-to-completion’ remortgage experience for customers, with a new level of control, choice and transparency.

11 April 2019

Company update/retail

Pulte Mortgage and Finicity partner to combat home loan paper chase

Pulte Mortgage announced today it is partnering with Finicity — a leading provider of real-time financial data access and insights, to provide its borrowers with a faster, simpler and more secure way to navigate the home financing process.

10 April 2019

Company update/Mortgage processing

Icici Bank introduces 'Instant Home Loans'

ICICI Bank today announced the launch of two instantaneous home loan facilities, both are first-of-its kind in the industry.

10 April 2019

Company update/Mortgage processing

LendInvest secures up to £200 million in funding from HSBC UK to back entry into home loan mortgages

LendInvest, the marketplace for mortgages, has secured funding of up to £200 million from HSBC UK, one of the world’s largest banking and financial services organisations, bringing further institutional capital to its platform.

08 April 2019