Jane Gladstone was recently named President of Promontory Interfinancial Network and has been at the forefront of fintech since the...
Two new surveys by Promontory Interfinancial Network and Dun & Bradstreet with Pepperdine’s Graziadio Business School point to a growing sense of...
SoFi has partnered with Promontory Interfinancial Network to help facilitate community bank investments in SoFi loans; Promontory Interfinancial Network will provide due diligence support for community banks; the Promontory Interfinancial Network includes a network of thousands of banks; for the partnership Promontory Interfinancial Network commissioned Promontory Financial Group (recently acquired by IBM) to provide a review and report on SoFi's underwriting, operations and systems to Promontory Interfinancial Network's banks for deal support; according to SoFi, the program will provide a gateway for small to mid-sized banks' participation in marketplace lending investment; Promontory Interfinancial Network will make SoFi's loan program information available for its bank network on its loan marketplace, Bank Assetpoint; network banks will not incur any additional charges for loan investment through the network and SoFi will pay Promontory Interfinancial Network a fee for each transaction. Source
Trust in banks was crushed during the financial crisis and as recently as last year banks ranked only ahead of...
The recent surge in financial innovation has caused many community banks to rethink how they are serving their customers and...