KeyBank and Laurel Road Launch Digital Bank for Doctors

Andreas Milano

NEW YORK, March 30, 2021 /PRNewswire/ — Laurel Road, a brand of KeyBank, unveiled today Laurel Road for Doctors, a digital bank tailored to physicians and dentists with products and services designed to provide the financial help and peace of mind they need through each career stage. The goal of the new digital bank is to help ease the burden for doctors of paying down student debt, finding more balance between work and life, and planning for the future—many of whom have worked tirelessly through the COVID-19 pandemic.

With Laurel Road for Doctors, Laurel Road and KeyBank expand

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SBI clarifies on home loan rates, says original interest rates restored

Andreas Milano

Country’s top lender State Bank of India (SBI) has clarified on the recent hike on the home loan interest rates. “In the last few days, there have been news items reported in the press including media regarding hike in SBI Home Loans Interest Rates. In this regard we clarify that limited period special concessions offered during festive season have come to an end on 31 March 2021 and thereafter withdrawn.”

As per SBI, there is no hike in the home loan interest rates. The bank states that the original interest rates starting from 6.95% have been restored. However, the special

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How Digital Transformation Is Helping You Pay Your Mortgage

Andreas Milano

Residential mortgage servicing, the process of collecting your mortgage payments and passing the right amounts to investors, tax authorities, and insurers is probably not the first industry you would think of as a hotbed of digital transformation. 

After you close on your home loan, the mortgage servicer is your point of contact for anything and everything related to paying off your mortgage. For most of us, that is where the payments go until perhaps the servicing rights are sold to a third-party servicing company like Select Portfolio Servicing, Inc. (SPS). We then go through the process of changing mailing addresses

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Global Digital Lending Market (2021 to 2026) – Growth, Trends, COVID-19 Impact, and Forecasts – ResearchAndMarkets.com

Andreas Milano

DUBLIN–(BUSINESS WIRE)–The “Digital Lending Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)” report has been added to ResearchAndMarkets.com’s offering.

The Digital Lending Market was valued at USD 311.06 billion in 2020 and is expected to reach USD 587.27 billion by 2026 and register a CAGR of approximately 11.9% during the forecast period (2021 – 2026).

Companies Mentioned

  • Spot Cap
  • Asia Kredit Holding
  • Finastra
  • Oriente
  • Provident Bank (Provident Financial Services Inc.)
  • Ferratum Oyj
  • International Personal Finance PLC(IPF)
  • Klarna Bank AB
  • Kaspi Bank JSC
  • CAN Capital Inc.
  • Lendingtree Inc.
  • Kabbage Inc.
  • Kiva Microfunds
  • Upstart Network Inc.
  • Social
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Rocket Mortgage Drives the Green with Powerful, New Bryson DeChambeau Partnership

Andreas Milano

DETROIT, April 5, 2021 /PRNewswire/ — Rocket Mortgage, the nation’s largest mortgage lender, today announced a new partnership with the 2020 U.S Open Champion Bryson DeChambeau, the current FedEx Cup leader on the PGA Tour and World Number 5. Known for crushing drives and boasting fastest-swing records, his driver will now don a new custom Rocket Mortgage-branded headcover and the company’s logo will appear on the star golfer’s left sleeve.

DeChambeau is no stranger to Rocket Mortgage as he is the reigning champion of the Detroit-based Rocket Mortgage Classic.

“Golf fans are glued to their screens

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Wolters Kluwer executive plays key role supporting PPP loan processing

Andreas Milano

Steven Meirink, Minneapolis-based executive vice president and general manager of Wolters Kluwer Compliance Solutions, said the company has helped preserve nearly 10 million small-business jobs nationwide during the past year by enabling banks and credit unions to expedite Paycheck Protection Program (PPP) applications.

Lenders have used Wolters Kluwer’s market-leading TSoftPlus software for more than 20 years to process Small Business Administration (SBA) loans, Meirink said. Compliance Solutions launched an enhanced version last April after making major modifications to ease small-business access to federal stimulus money available in response to the COVID-19 pandemic.

Meirink’s guidance throughout the pandemic and in launching

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