Abrigo

Digital Lending Market size to record USD 19.14 billion growth from 2023-2027, Rise in adoption of cloud-based digital lending servicing software offerings is one of the key market trends, Technavio

Retrieved on: 
Friday, April 19, 2024
Cloud, USD, MSME, Intercontinental Exchange, Intellect, Big data, Nucleus Software Exports, Internet, Blockchain, Abrigo, CoreLogic, Machine learning, First American Corporation, Artificial intelligence, CAPEX, Financial institution, Digital, Automation, App Store (iOS/iPadOS), Privacy, Computer security, UAB, Fiserv, Telecom, Organization, Growth, Temenos AG, OPEX

The digital lending market is experiencing rapid growth due to cloud-based loan servicing.

Key Points: 
  • The digital lending market is experiencing rapid growth due to cloud-based loan servicing.
  • In the rapidly evolving digital lending market, financial security is a top priority.
  • In the Digital Lending Market, financial institutions leverage technology to process loan applications, assess creditworthiness, and disburse loans digitally.
  • Digital Lending Market  is fragmented ; the companies are competing with competitors and are trying to get greater market share.

Tech-Focused Executive Search Firm Riviera Partners Promotes Justin Cottrell to Partner in Its Growing Private Equity-Backed Practice

Retrieved on: 
Monday, January 8, 2024
Insight Partners, Tempo, Zendesk, Bain Capital, Standard Industries, Thomas H. Lee Partners, Legal technology, Battery Ventures, Private equity, SimpliSafe, EDB, Software as a service, TA Associates, Fortune 1000, Abrigo, Advent International, Specialization, HR, The Carlyle Group, Operating partner, E-commerce, Warburg Pincus, Encompass, Korn, Engineering, Growth, NetDocuments, Government Technology Agency, Quizlet, Educational technology, General Atlantic

San Francisco, CA, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Riviera Partners , the premier global executive search firm specializing in recruiting top-tier technology, product, and design leaders, has promoted Justin Cottrell to Partner within its private equity-backed practice.

Key Points: 
  • San Francisco, CA, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Riviera Partners , the premier global executive search firm specializing in recruiting top-tier technology, product, and design leaders, has promoted Justin Cottrell to Partner within its private equity-backed practice.
  • This promotion expands the leadership team of Riviera’s Private Equity-backed practice to four partners.
  • A leader in the tech-focused executive search space for more than 20 years, Riviera’s Private Equity practice developed organically with a few foundational private equity partners and quickly grew into a leading practice.
  • “Justin is a valuable asset to the Riviera team and our clients,” said Eric Larson, Managing Partner of Riviera Partners’ Private Equity-backed practice.

Abrigo and Mitek partner to enhance fraud detection for financial institutions

Retrieved on: 
Tuesday, November 28, 2023
Diamond, Machine learning, Fraud, Partnership, Financial Crimes Enforcement Network, Artificial intelligence, Cryptocurrency, Audit, MTX Audio, Abrigo

This partnership is a first step toward providing community financial institutions with the tools they need to combat financial crimes like check fraud.

Key Points: 
  • This partnership is a first step toward providing community financial institutions with the tools they need to combat financial crimes like check fraud.
  • Check fraud is one of the most prevalent and costly forms of fraud affecting financial institutions.
  • The Abrigo and Mitek partnership will pave the way for product integration, enabling a wider range of financial institutions to leverage Mitek's advanced fraud prevention solutions.
  • "With this partnership, Abrigo's customers will have access to Mitek's Check Fraud Defender to prevent fraudulent activities and drastically reduce fraud losses."

Abrigo and Prelim strategically partner to streamline deposit account opening

Retrieved on: 
Wednesday, November 1, 2023
Digital, Ecosystem, Partnership, Software, Cryptocurrency, Prelim, Abrigo

More than 55% of small businesses emphasize the importance of digital online account opening for their business and expect their financial institution to provide it, according to Datos Insights .

Key Points: 
  • More than 55% of small businesses emphasize the importance of digital online account opening for their business and expect their financial institution to provide it, according to Datos Insights .
  • Prelim and Abrigo's partnership provides user-friendly digital applications and efficient workflows for financial institutions and their customers.
  • Abrigo selected Prelim as a partner because its solution has a proven track record of success.
  • By combining our strengths, we will enable financial institutions to offer a unified and efficient experience for deposit and loan account applications.

PortX Partners With Abrigo to Reduce Lending Inefficiencies for Financial Institutions

Retrieved on: 
Wednesday, October 4, 2023
Personal Finance, Technology, Finance, Security, Fintech, Banking, Professional Services, Software, Data Management, Asset Management, Data management, Partnership, Senior, Cloud-based integration, Risk management, FI, FIS, Integration platform, Mobile sales enablement, Abrigo

PortX , the premier provider of financial infrastructure and integration technology, has announced a strategic partnership with Abrigo , the leading technology provider of compliance, credit risk, and lending solutions for financial institutions.

Key Points: 
  • PortX , the premier provider of financial infrastructure and integration technology, has announced a strategic partnership with Abrigo , the leading technology provider of compliance, credit risk, and lending solutions for financial institutions.
  • This partnership highlights PortX's commitment to delivering innovative financial integration solutions via its Integration-Platform-as-a-Service (IPaaS) and Abrigo's continuing innovation of their Loan Origination Platform.
  • This partnership will allow users to board back to the core using the PortX software, speeding up the lending process and increasing secure data management.
  • "FIs need innovative, secure, and compliant banking solutions to stay competitive," said David Wexler, CEO of PortX.

Pendo Adds to C-Suite and Announces Strong First Half of 2023 Driven by International Growth, AI Roadmap, and Momentum Within Traditional Industries

Retrieved on: 
Wednesday, September 20, 2023
Cloud, Net, Connect for Health Colorado, Quickbase, Matthew Pendo, Connect, Partnership, Travis May, G2, U.S. News & World Report, Abrigo, Outkast, Software, Intelligence, Ivanti, CARMA, OpenAI, Euromonitor International, Movement, Certification, NPS, Vimeo, Ada, Investment, Cisco, Google Cloud, Grubhub, Engineering, Heel, Kanazawa Institute of Technology, UX, Yoy, GTM, AppDynamics, News, Nearmap, Automation, Grammy Awards, Management, Medical device, Mobile phone, Pendo, Atlassian, Flock

More than 10,000 companies now use Pendo to provide better software experiences to over 700 million people every month.

Key Points: 
  • More than 10,000 companies now use Pendo to provide better software experiences to over 700 million people every month.
  • Highlights of H1 FY24 include:
    Revenue and customer growth: Pendo's strong start to the year was driven by accelerated international momentum, existing customer expansion, and free-to-paid conversions.
  • With the addition of meaningful six-figure customers, Pendo now has 425 customers with an annual contract value over $100,000.
  • Customers that expanded their relationships with Pendo in the first half of 2023 include Abrigo, Atlassian, Grubhub, Quickbase, StarRez, and Simpro Group.

Abrigo announces strategic move to Amazon Web Services for continued scalability

Retrieved on: 
Tuesday, July 11, 2023
Workload, Amazon, Amazon Web Services, S3, Amazon Elastic Compute Cloud, AWS, Abrigo, Online shopping

AUSTIN, Texas, July 11, 2023 /PRNewswire/ -- Abrigo, the leading technology provider of compliance, credit risk, and lending solutions for financial institutions, today announced its strategic decision to transition to Amazon Web Services (AWS) as its preferred cloud provider.

Key Points: 
  • AUSTIN, Texas, July 11, 2023 /PRNewswire/ -- Abrigo, the leading technology provider of compliance, credit risk, and lending solutions for financial institutions, today announced its strategic decision to transition to Amazon Web Services (AWS) as its preferred cloud provider.
  • Abrigo has a thriving online presence with a platform that serves more than 2,400 financial institutions.
  • The key services that Abrigo will rely on are Amazon S3, an object storage service offering industry-leading scalability, data availability, security, and performance, and Amazon EC2, which provides secure and resizable compute capacity for virtually any workload.
  • Abrigo will also benefit from AWS networking services that deliver a reliable global network with the highest levels of security.

Abrigo Named Dominant Provider in Commercial LOS Report by Aite-Novarica

Retrieved on: 
Tuesday, May 23, 2023
API, Growth, Paycheck Protection Program, AI, Bank, Abrigo

AUSTIN, Texas, May 23, 2023 /PRNewswire/ -- Abrigo, the leading technology provider of compliance, credit risk, and lending solutions for financial institutions, is proud to be named a Dominant Provider in the Aite-Novarica Commercial Loan Origination System Vendor Report for 2023.

Key Points: 
  • AUSTIN, Texas, May 23, 2023 /PRNewswire/ -- Abrigo, the leading technology provider of compliance, credit risk, and lending solutions for financial institutions, is proud to be named a Dominant Provider in the Aite-Novarica Commercial Loan Origination System Vendor Report for 2023.
  • Abrigo earned the highest score overall across the four main categories when averaged, including the top mark amongst all vendors for Client Strength.
  • Abrigo has an active customer network with more than 60,000 users in the Abrigo Community.
  • "We are focused on consistent advancement and forward-thinking solutions at Abrigo in order to extend our platform and support our 2,400 clients," said Jay Blandford, CEO of Abrigo.

Abrigo unveils new AI-driven banking intelligence capabilities at ThinkBIG conference

Retrieved on: 
Tuesday, May 16, 2023
Connect, Risk management, Intelligence, Artificial intelligence, Growth, ThoughtSpot, AI, Benchmarking, Automation, Mobile phone, Cryptocurrency, Abrigo

Abrigo Connect now includes new artificial intelligence (AI) capabilities for ease of use and new role-based products to help leaders make strategic and operational decisions.

Key Points: 
  • Abrigo Connect now includes new artificial intelligence (AI) capabilities for ease of use and new role-based products to help leaders make strategic and operational decisions.
  • The functionality was revealed at Abrigo's ThinkBIG conference in Miami last week, where 600 attendees convened for thought leadership and Abrigo product innovation.
  • Abrigo Connect can close that information gap quickly, without months' long implementations or complex data stacks," explained Ravi Nemalikanti, Abrigo Chief Technology Officer.
  • Leveraging its customer network, the company has built a proprietary database of banking data for exclusive benchmarking within Abrigo Connect.

Digital Lending Market: How Digital Platforms are Democratizing Access to Finance | Brandessence Market Research

Retrieved on: 
Monday, May 15, 2023
Pressure, Partnership, Barclays, Fiserv, Internet, ICE, Risk management, FIS, MEA, App Store (iOS/iPadOS), Government, Intellect, Pega, Collection, Machine learning, Risk, Algorithm, Artificial intelligence, Growth, Digital, Rabobank, Social media, SME, Bank, Machine tool, Online shopping, Video game, Real estate, Credit, Cryptocurrency, Network equipment provider, Abrigo, Finastra

Brandessence market research has recently released a report titled " Global Digital Lending Market Outlook (2022-2029)" that provides valuable insights into the current state and future growth prospects of the market.

Key Points: 
  • Brandessence market research has recently released a report titled " Global Digital Lending Market Outlook (2022-2029)" that provides valuable insights into the current state and future growth prospects of the market.
  • This report is an essential resource for industry stakeholders seeking to leverage the expanding opportunities in the Digital Lending Market.
  • Digital lending refers to the process of offering and obtaining loans through digital channels, such as websites, mobile applications, or other digital platforms.
  • Competitive rivalry: The competitive rivalry in the digital lending market is intense, as there are many players competing for market share.