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

Business Banking Fintech Slash Reaches Unicorn Status

The fintech startup achieves a valuation of over $1 billion.Highlights: Slash has been valued at over $1 billion.The...
FinTech

Amex Strengthens Digital Services with AI Expense Management Acquisition

American Express to acquire Hyper to enhance its business offerings.Highlights: American Express announces the acquisition of AI startup...
FinTech

UK Banks Strengthen Cybersecurity with Anthropics Mythos Model

New collaboration enhances banks' defense against cyber threats.Highlights: UK banks to access Anthropics Mythos model in the upcoming...
FinTech

UK Banks to Gain Access to Anthropic Cybersecurity Model Next Week

New collaboration enhances cybersecurity for UK banking institutions.Highlights: UK banks set to access Anthropic's cybersecurity model soon.Collaboration aims...