BankingPartnership

Heritage: Teams with Experian to improve loans process for borrowers

  • Heritage Bank announced a partnership with global information services company Experian to introduce a new loans origination platform
  • Loan applicants enjoy a much faster and simpler experience thanks to the new platform
  • The platform cut the average time needed to load, process, and assess a standard application
  • Heritage and Experian work closely together over the next 12 months to roll-out the platform used for both home loans and personal loans
  • The platform incorporates a new credit decisioning solution, cut down the assessment timeframes through auto-approvals for eligible loans
  • The first phase of implementation gives individuals information on their borrowing capacity in as little as 10 minutes
Previous article
Futurex: Releases Industry’s First Web API for Payment HSMs
Next article
Arbol: Closes Nearly $6M Series A Funding
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

FinTech

NatWest Group Strengthens Free Investment Guidance Programme

New initiative aims to educate more customers on investing.Highlights: NatWest Group expands free investment guidance programme.Initiative targets educating...
FinTech

Tether Launches New Stablecoin Wallet to Enhance User Experience

This innovative platform aims to improve accessibility for crypto users.Highlights: Tether has introduced a new stablecoin wallet.The wallet...
FinTech

FCA Strengthens Money Laundering Combat with Synthetic Dataset

New collaboration aims to enhance detection capabilities against financial crime.Highlights: FCA partners with Turing Institute to combat money...
FinTech

Spektr Strengthens Compliance Efforts with $20M Funding

Fintech startup Spektr secures $20 million for AI-driven compliance solutions.Highlights: Spektr raises $20 million to enhance its AI...