Latest Mortgage processing News: Finextra Research

Savings and mortgage platform Tembo raises £14m

London-based digital savings and mortgage platform Tembo has raised £14 million in a Series B funding round led by Goodwater Capital.

02 December 2024

News/ai

Revolut preps AI assistant, ATMs and mortgages for 2025

Revolut has laid out its plans for 2025, including the introduction of an AI assistant, mortgages, ATMs, and a business credit product.

25 November 2024

News/startups

Afin Bank secures licence to serve African diaspora in the UK

Afin Bank, a digital lender created to help people from Africa living and working in the UK, is set to start offering mortgages and savings products after securing the regulatory green light.

23 October 2024

News/wholesale

AFP: Fraud is the biggest painpoint for accounts payables automation

Kicking off the first day of AFP, the conference for finance and treasury professionals held in Nashville, Tennessee this year, Mike Watercott, CTP, working capital consultant, US Bank, led a discussion on striking the balance in payments with Andy Sullivan, vice president of channel sales, Bottomline and Cynthia MacGeagh, treasury manager, Clayton Homes.

21 October 2024

News/retail

HSBC to accept overseas credit history for UK mortgage applications

HSBC is to make it easier for international customers with no local credit history to apply for a UK mortgage.

18 October 2024

News/retail

Majority of UK adults "unaware" of open banking

A recently released survey has highlighted a widespread lack of awareness among UK adults when it comes to open banking.

02 October 2024

News/retail

NatWest joins Open Property Data Association

NatWest has become the latest of the UK's big mortgage lenders to join the Open Property Data Association (OPDA), backing efforts to bring a standardised approach to sharing digital data in the home buying process.

11 September 2024

News/retail

Twenty7tec secures £16.5 million investment from BGF

Mortgage technology outfit Twenty7tec has bagged £16.5 million from the Business growth Fund (BGF) to drive growth and expansion within the UK.

10 September 2024

News/retail

HSBC joins Open Property Data Association

HSBC is the latest UK high street bank to join the Open Property Data Association, backing efforts to bring a standardised approach to sharing digital data in the home buying process.

14 August 2024

News/retail

Nationwide joins Open Property Data Association

Nationwide Building Society has followed in the footsteps of Lloyds Banking Group by joining the Open Property Data Association, backing efforts to bring a standardised approach to sharing digital data in the home buying process.

23 July 2024

News/retail

Chase is the first bank in all lower 48 US states, what next?

Andrea Principe, managing director – Northeast division director – consumer banking, Chase, took to the stage at Future Branches in Boston to explore how while the banking industry faces challenges in sustaining core deposits, deepening customer trust, and building relationships, it is important to learn from failures, reengage with customers, and provide exceptional in-person experiences.

24 June 2024

News/retail

Chetwood Financial acquires buy to let lender CHL Mortgages

UK digital bank Chetwood Financial has acquired buy to let mortgage lender CHL Mortgages to complement its soon-to-launch ModaMortgage's proposition.

21 May 2024

News/retail

GB Bank secures £85 million capital raise

GB Bank, which specialises in funding property projects for SME property developers and investors, has secured £85m of additional capital from new investor Hera Holdings and existing shareholder the Teesside Pension Fund.

20 May 2024

News/people

NatWest seeks out tech talent from under-represented communities

NatWest is working with Sparta Global to find and train technology talent from under-represented communities.

26 March 2024

News/retail

Lloyds joins association to standardise digital property data

Lloyds Banking Group has joined the Open Property Data Association (OPDA), backing efforts to bring a standardised approach to sharing digital data in the home buying process.

05 March 2024