Credit management

Array and Narmi Partner to Bring Innovative Digital Experiences to Customers of Financial Institutions

Retrieved on: 
Wednesday, January 17, 2024

NEW YORK, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Array , a leading financial innovation platform, and Narmi , a leading provider of digital banking solutions for financial institutions, announced a partnership to bring Array’s financial progress tools to customers and members and help them better monitor their credit and benefit from anti-fraud identity monitoring.

Key Points: 
  • NEW YORK, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Array , a leading financial innovation platform, and Narmi , a leading provider of digital banking solutions for financial institutions, announced a partnership to bring Array’s financial progress tools to customers and members and help them better monitor their credit and benefit from anti-fraud identity monitoring.
  • In addition, Narmi will provide financial institutions access to Array’s actionable credit-based offers solution.
  • “Narmi provides regional financial institutions a modern API-driven platform that layers on top of existing banking infrastructure including account opening, consumer and business digital banking,” said Mario DeLecce, Head of Financial Institutions at Array.
  • “Narmi and Array are digital-first partners that can help regional financial institutions acquire and retain customers, scale operations, grow deposits, and provide a rich digital experience to younger customer segment that expects them.”

GTreasury Customer Christian Louboutin Earns Alexander Hamilton Award from Treasury & Risk for Intercompany Netting Success

Retrieved on: 
Monday, November 13, 2023

CHICAGO, Nov. 13, 2023 (GLOBE NEWSWIRE) -- GTreasury , a treasury, payments, and risk management software provider, today announced Christian Louboutin is a 2023 Alexander Hamilton Award winner in the Working Capital & Payments category.

Key Points: 
  • CHICAGO, Nov. 13, 2023 (GLOBE NEWSWIRE) -- GTreasury , a treasury, payments, and risk management software provider, today announced Christian Louboutin is a 2023 Alexander Hamilton Award winner in the Working Capital & Payments category.
  • The award highlighted Christian Louboutin’s strategic deployment of GTreasury Netting as part of its successful intercompany netting modernization initiative.
  • Christian Louboutin’s treasury leaders had sought a way to more accurately manage the impact of the brand’s many intercompany payments between subsidiaries without onerous manual processes.
  • We are proud of the success Christian Louboutin has achieved, and look forward to continuing to work together closely.”

Q2 and Array Expand Partnership to Deliver Financial Wellness Solutions

Retrieved on: 
Tuesday, December 5, 2023

Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending, today announced that Array has extended its integration partnership to a Strategic Alliance partner where Q2 will resell the financial wellness solution – My Credit Manager – directly to banks and credit unions.

Key Points: 
  • Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending, today announced that Array has extended its integration partnership to a Strategic Alliance partner where Q2 will resell the financial wellness solution – My Credit Manager – directly to banks and credit unions.
  • The Q2 and Array partnership started when Array became a Q2 Innovation Studio Accelerator Partner.
  • Today, Array’s My Credit Manager is pre-integrated into Q2’s digital banking platform, allowing financial institutions to quickly add the Array solution to their dashboards and put powerful financial wellness tools at the fingertips of their account holders.
  • We are thrilled to be taking this important step with Q2 and look forward to empowering more financial institutions and their customers in the journey to financial wellness.”

Cadex Solutions Acquires DAL, Inc.

Retrieved on: 
Tuesday, November 28, 2023

Trivest Partners (“Trivest”) is pleased to announce its portfolio company Cadex Solutions (“Cadex”) has acquired DAL, Inc. (“DAL”).

Key Points: 
  • Trivest Partners (“Trivest”) is pleased to announce its portfolio company Cadex Solutions (“Cadex”) has acquired DAL, Inc. (“DAL”).
  • The DAL acquisition expands the executive leadership and industry coverage of Cadex Solutions Corporation, a holding company formed by Trivest to build the premier provider of commercial order-to-cash management solutions.
  • We cannot be happier to add such an outstanding leadership team and employee base to the Cadex family of brands.
  • There is also a tremendous opportunity to provide expanded solutions to DAL clients including international collections, first-party collections, digital transformation capabilities, AI/ML, and order-to-cash outsourcing.

Power Sustainable Infrastructure Credit Manager L.P. Announces Its Inaugural Investment with a Term Loan to Vantage Data Centers

Retrieved on: 
Friday, November 3, 2023

MIAMI and MONTREAL, Nov. 2, 2023 /PRNewswire/ -- Power Sustainable, an alternative asset manager and wholly-owned subsidiary of Power Corporation of Canada (TSX:POW), today announced an investment in Vantage Data Centers ("Vantage") through its Power Sustainable Infrastructure Credit Manager L.P. ("PSIC") platform.

Key Points: 
  • MIAMI and MONTREAL, Nov. 2, 2023 /PRNewswire/ -- Power Sustainable, an alternative asset manager and wholly-owned subsidiary of Power Corporation of Canada (TSX:POW), today announced an investment in Vantage Data Centers ("Vantage") through its Power Sustainable Infrastructure Credit Manager L.P. ("PSIC") platform.
  • Vantage is owned by a consortium of investors led by DigitalBridge Group, Inc. ("DigitalBridge"), a global alternative asset manager dedicated to digital infrastructure investments.
  • Data centers are increasingly critical infrastructure to society given the growth in cloud computing, data consumption, generative AI, and other factors.
  • Power Sustainable views Vantage as a best-in-class developer and operator of hyperscale data centers that demonstrate industry-leading energy and water usage efficiency.

Array and Jack Henry to Distribute Credit Management, Subscription Management, Online Privacy and Identity Protection Tools to Banno Customers and Users

Retrieved on: 
Wednesday, October 18, 2023

More than 800 community banks and credit unions and 10 million registered users on Banno will soon have access to these tools through a phased rollout.

Key Points: 
  • More than 800 community banks and credit unions and 10 million registered users on Banno will soon have access to these tools through a phased rollout.
  • “Array is laser-focused on delivering powerful financial tools that consumers love through the financial partners they trust,” said Martin Toha, Founder and CEO of Array.
  • “With this announcement, institutions on the Jack Henry Banno platform have four of the most popular personal finance tools within their digital experience.
  • Identity Protect - a free identity protection profile that notifies consumers when their compromised or stolen personal information is found.

Judging Panel of International Industry Experts Announced For 2024 FICO Decisions Awards

Retrieved on: 
Wednesday, October 4, 2023

Entries for the FICO® Decisions Awards are due October 13, 2023

Key Points: 
  • Entries for the FICO® Decisions Awards are due October 13, 2023
    The ten award categories are AI, Machine Learning and Optimization, Cloud Deployment, Customer Onboarding and Management, Debt Management, Decision Management Innovation, ESG Champion, Financial Inclusion, Fraud Management, FICO Industry Vanguard and Pioneer Award.
  • FICO has announced its panel of independent judges for the 2024 FICO® Decisions Awards, which honor businesses achieving outstanding results using analytics and decision management technology to grow their business, manage risk and reduce costs.
  • “The panel of judges for this year's awards brings together a wealth of expertise and experience from diverse backgrounds, ensuring a well-rounded evaluation process,” said Nikhil Behl, chief marketing officer at FICO.
  • Winners will receive recognition at FICO® World , which will be held in April 15-18, 2024, in San Diego, California.

Bectran to Sponsor Credit Management Association’s CreditScape Conference

Retrieved on: 
Tuesday, September 26, 2023

CHICAGO, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Bectran, Inc., an industry leader providing cutting-edge credit, collections and accounts receivable automation software, will be sponsoring Credit Management Association’s (CMA) CreditScape Conference hosted from October 4 to 6 in Las Vegas.

Key Points: 
  • CHICAGO, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Bectran, Inc., an industry leader providing cutting-edge credit, collections and accounts receivable automation software, will be sponsoring Credit Management Association’s (CMA) CreditScape Conference hosted from October 4 to 6 in Las Vegas.
  • CreditScape offers a unique opportunity for attendees to interact with other credit professionals through peer-to-peer networking and workshop-style settings.
  • This year's session topics include Automating Your Credit Department, Effective Collections in Uncertain Times and Advanced Payment Remedies on Private and Public Projects.
  • “Bectran is excited to sponsor Creditscape as a Diamond Partner.

Array and DCI Partner to Provide Credit Management and Financial Progress Tools to Community Bank Customers

Retrieved on: 
Monday, September 18, 2023

“Array is accelerating digital banking for community institutions by providing innovative technologies that can help strengthen relationships between financial institutions and their account holders,” said Sarah Fankhauser, DCI President and CEO.

Key Points: 
  • “Array is accelerating digital banking for community institutions by providing innovative technologies that can help strengthen relationships between financial institutions and their account holders,” said Sarah Fankhauser, DCI President and CEO.
  • ”Through our collaboration, we provide valuable new options to help bank consumers better manage and protect their financial wellbeing.”
    Array’s My Credit Manager enables users to view, understand and manage their credit information.
  • They can receive score change alerts, interact with a score simulator, and view credit score factors and debt analysis components.
  • Attendees will hear from thought leaders and learn more about what DCI and Array can do for community banks.

Array Credit Management Tools Fuel Financial Progress for Stepping Stones Community Federal Credit Union Members

Retrieved on: 
Wednesday, June 28, 2023

Array , a leading financial innovation platform, announced today that Stepping Stones Community Federal Credit Union (SSCFCU) has deployed Array My Credit Manager as a free service to its members to help them better understand and proactively manage their credit scores.

Key Points: 
  • Array , a leading financial innovation platform, announced today that Stepping Stones Community Federal Credit Union (SSCFCU) has deployed Array My Credit Manager as a free service to its members to help them better understand and proactively manage their credit scores.
  • The credit union was looking for a solution that would help their members increase their credit literacy and help improve their financial well being.
  • “We believe credit management is a key pillar of helping our members achieve financial literacy, and we’ve planned for several years to offer these tools as part of the SSCFCU digital experience,” said Blanche Jackson, CEO of Stepping Stones Community Federal Credit Union.
  • Chartered in 2011, Stepping Stones Community Federal Credit Union is a certified minority depository institution in the state of Delaware and a community development financial institution.