Lending
See below for a list of independently written IBS Journal news and feature articles and IBS Intelligence Research vendor profiles, case studies and market analysis related to Lending Technology in order of publication date.
You may also be interested in our Retail Banking Systems Market Report >>
Commercial Lending
Commercial lending refers to the lending by a financial institution to a corporation or commercial enterprise. This type of lending is often more complex and more tailored to the individual client than the lending offered to consumers. Commercial lending is often used to help a firm acquire capital goods, finance inventory or provide for short-term, temporary working capital. The lending may allow the client to take the whole amount of the loan at the beginning of the term, just as in consumer lending, or it may allow the customer to 'draw' on the loan in stages up to a pre-determined amount or credit limit.
The drawings on this type of loan are called drawdowns and there may be restrictions or conditions on each drawdown which would be set out in the loan agreement.
The loan, or line of credit, may be 'rolled over' at regular periods, for example each three months, which effectively automatically closes the loan and then re-opens it. This helps the bank to fund the lending. Interest rates on the lending are often set as multiples of a base rate or reference rate (for example, LIBOR – London inter-bank offered rate – based on percentage points above a Prime rate, or base rate).
This type of lending often makes use of some form of collateral, which is sometimes the capital asset that the loan is intended to finance.
It is not unusual in this type of lending for the interest payments to be on a completely different schedule than principal repayments, although this need not be the case. Principal payments may be scheduled to coincide with particular external events (sales to customers for example) or cyclical events (crop sales) or even a single repayment amount at the end of the term.
The financing may be provided by one bank, or it may be syndicated among several banks as is the case in syndicated lending.
Peer-to-Peer Lending
This type of lending uses non-bank intermediaries (such as Zopa in the UK, or Prosper in the US) or the internet to bring together individuals who have money to lend with those who wish to borrow. The lending may be on a one-to-one basis (fairly common for internet-based lending) or a many-to-one basis (more common through intermediaries). The lender takes on the credit risk; interest rates on the loan are either negotiated by the intermediary or through an auction process over the internet.
- Read selected IBS Journal news and features and free Supplements
- Read free preview chapters from our online research publications
- Register for the free weekly IBS Journal eNewsletter and new event & product notifications
- Receive exclusive discounts and special offers on IBS publications.
Article: Heritage Bank implements DNA platform from Fiserv/Open Solutions
16 May 2013
US-based Heritage Bank is implementing the DNA offering from Open Solutions (now part of Fiserv) to consolidate its systems and accommodate future growth. The first phase of getting products set up on the DNA system has been completed, and go-live is...
Article: Associated Banc-Corp implements Sungard for lending
14 May 2013
Associated Banc-Corp, a US-based institution with $23billion in assets, is implementing the Ambit Commercial Lender system from Sungard to cover its end-to-end commercial lending processes. The new platform, selected ahead of 20 other hopefuls,...
Article: UK's Green Deal Finance Company live on Nostrum lending platform
10 May 2013
The UK government's entity for providing and administering loans to householders within its much-touted Green Deal initiative to reduce energy consumption has implemented Nostrum's hosted lending platform to underpin this.
Article: 3i Infotech's first customer in Myanmar implements Kastle Core Banking
09 May 2013
Myanmar Livestock Fisheries and Development Bank (MLFDB) is implementing the Kastle Core Banking solution from India-based vendor, 3i Infotech, becoming the first client in the country to do so. The customisation stage is currently underway and...
Article: Case study: Home Trust Company – Back to the drawing board
07 May 2013
Home Trust Company in Canada is reaping the benefits from its enterprise-wide modernisation venture. The project, initiated in late 2007, surpassed the boundaries of a technology revamp by encompassing a full business process reorganisation, an...
Article: Who's Bought What? – May 2013
07 May 2013
A round-up of recent orders in the financial technology sector worldwide. New deals for BML Istisharat, Intrasoft International, Fundtech and Vsoft Corporation.
Article: Midwest Business Solutions selects Vsoft for core banking
01 May 2013
Vsoft Corporation has secured a new taker for its core banking solution, Coresoft, beating heavyweights, Fiserv and Harland Financial Solutions, to the deal. This is Midwest Business Solutions (MBS), a US-based credit union service organisation....
Article: Project watch: Arab Jordan Investment Bank – Site for sore eyes
03 April 2013
Since the deployment of the ICS Banks core offering from ICSFS in 2010, Arab Jordan Investment Bank (AJIB) has not missed a beat. It has become a major reference site for the vendor, has migrated its operations in Cyprus and Qatar to the new...
Article: Backchat – March 2013
06 March 2013
The latest gossip from around the industry.
Article: Case study: Nykredit – Pioneering spirit
06 March 2013
Denmark-based financial mutual, Nykredit, the country's top lender, proves that being the first taker of a system in the country does not necessarily equate to problems, delays and overspending.
Article: Who's bought what? – March 2013
06 March 2013
A round-up of recent orders in the financial technology sector worldwide. New deals for Phoebus Software, Computer Services Inc and the London Stock Exchange gain new deals.
Article: Honda Bank implements new core banking system
04 March 2013
After futile attempts to implement international banking software, Germany-based Honda Bank has turned to a local vendor, COR&FJA, and its core offering, Corbas. Meanwhile, COR&FJA is searching for a new chairman of the board.
Article: Oman Housing Bank issues core banking system RFP
13 February 2013
State-owned housing lender, Oman Housing Bank (OHB), is looking for a new core banking system and related infrastructure. The deadline for bids is set for 17th April 2013.
Article: Cambridge & Counties Bank opts for Phoebus Software
11 February 2013
A new entrant in the UK banking space, Cambridge & Counties Bank (CC Bank), is replacing its legacy system from i-Financial with a deposits and loans offering from rival vendor, Phoebus Software.
Article: Backchat – February 2013
06 February 2013
The latest gossip from around the industry.
Article: Collateral Management Focus: Collateral damaged
06 February 2013
The idea of giving something of value – collateral – to a lender so they may secure a loan they have given to you is probably as old as banking itself. Of course, no-one wants to give too much collateral compared to the size of the loan and the lender...
Article: More problem projects at Temenos
14 January 2013
Two financial institutions, one in Kuwait and one in France, are believed to have stopped their implementations of Temenos' flagship, T24. Meanwhile, Banque Libano-Francaise (BLF) is yet to cut over to T24 and Oracle components, more than five...
Article: Patelco Credit Union begins implementation of SS&C's LMS Loan Suite solution
04 January 2013
US-based Patelco Credit Union has kicked off its implementation of SS&C's new LMS Loan Suite solution. The project is due to go live in Q3 2013. However, Patelco's plan to upgrade its core banking system with Fiserv's Acumen, has come to a halt. ...
Article: IBS Journal Forward Features 2013
21 December 2012
View the forthcoming IBS Journal Supplements and special focus issues scheduled for 2013 and download our latest Media Pack featuring readership and distribution details, plus online and print advertising opportunities across our extensive range of...
Article: Sandstone launches Smartbank solution
12 December 2012
Australia-based financial technology company, Sandstone, has launched a new prototype solution, Smartbank, which allows financial institutions to combine their personal financial management, internet and mobile banking and loan origination solutions....
Article: On the move: December 2012 / January 2013
03 December 2012
A round-up of recent appointments and departures within the industry. Reshuffle at 3i Infotech, departures at ACI Worldwide, Lombard Risk and Sage SA, and new hires at Openlink Financial, Misys and Torstone Technology.
Article: Case study: Compartamos Banco – Cloud on the horizon
28 November 2012
Can Mexican micro-lender, Compartamos Banco, succeed with SAP where it failed with Temenos? It is mid-project as it seeks to implement a new core system and, while running late, believes there is the commitment from the supplier to succeed this...
Article: IBS Journal Lending Supplement 2012/2013
28 November 2012
IBS's supplements give us the opportunity to dig around our chosen subject areas and, before we start, it isn't always predictable what we will find. When looking for interesting lending system stories, for instance, we weren't expecting cloud...
Article: Analysis: Syndicated lending – What goes around comes around
28 November 2012
The two syndicated lending utilities, Euroclear's LoanReach and DTCC's Loan/Serv, have struggled to make much of an impression against the backdrop of financial crisis. Will the appetite for loans as collateral now mean that their time has come?
Article: Product spotlight: LendFusion – To tide you over
28 November 2012
As the payday loan industry continues to boom, LendProtect UK and InnoTech have partnered to launch a new online lending solution for the short-term lending market, LendFusion. How and why did they seek to join forces?
Article: Case studies: Renaissance Credit & Fountain Credit Services – A path to the cloud
28 November 2012
When two new microfinance institutions wanted to provide broader access to consumer credit and support their plans for rapid expansion, they launched on Temenos' T24 for microfinancing, hosted in the cloud. In doing so, Renaissance Credit Nigeria...
Article: Callataÿ & Wouters, Delta Informatique and Evolan unite as Sopra Banking Software
13 November 2012
France-based integrator and services company, Sopra Group, unveils its new standalone subsidiary, Sopra Banking Software. It comprises three entities, Callataÿ & Wouters (C&W), Delta Informatique and Evolan. All three continue to develop their ...
Article: New UK entrant nears core system decision
23 October 2012
A new player on the UK market, Cambridge & Counties Bank, is due to select a new core banking system in the next couple of weeks. The FSA-regulated bank has a unique ownership structure, being held by Cambridgeshire Local Government Pension Fund and...
Article: Case study: Maxbank – Geared up to the max
08 October 2012
As a relatively new entrant on the Philippines market, Maxbank has been finding its way, with both its business strategy and the technology to underpin this.
Article: Country focus: Japan – Good things come to those who wait
08 October 2012
Patience is the key component of success for an outsider in the Japanese market, with some hopefuls waiting for a decade before proving their commitment and making the first sale.
Article: Overview: To improve is to change
08 October 2012
The Asian market continues to be active in the banking development and innovation space, and proves to be a fertile ground for core banking vendors, both regional and from further afield. Many financial institutions are on the rise and in expansion...
Article: Eny Finance extends contract with Nucleus Software
24 September 2012
Eny Finance, newly established financial services provider in Switzerland, will be implementing a deposits module in 2013 of FinnOne, from Nucleus Software. The Swiss company is broadening its agreement with Nucleus, having gone live with FinnOne...
Article: On the move – September 2012
03 September 2012
A round-up of recent appointments and departures within the industry. Departures at Misys, Temenos and Third Financial; and new hires at Fiserv, Lombard Risk and Calypso, among others.
Article: Who's Bought What? – September 2012
03 September 2012
A round-up of recent orders in the financial technology sector worldwide. Misys, Oracle FSS and 3i Infotech are among the vendors gaining new deals. Eurofima in Switzerland, Michigan First Credit Union in the US, Oman-based Bank Sohar and others...
Article: New customers for Misys banking and TCM systems
13 August 2012
At its recent European Financial Services Conference, held in Lisbon, UK-based supplier Misys unveiled new customers for some of its banking and capital markets products.
Article: 3i Infotech gains a breakthrough deal in the Philippines
18 July 2012
Indian banking software vendor, 3i Infotech, has found the first taker in the Philippines for its Kastle Core Banking system, Philippine Postal Savings Bank (PostalBank).
Article: Bank of Agriculture seeks a new core banking system
16 July 2012
Nigeria-based Bank of Agriculture (BOA) is in selection mode. Core banking software modernisation is part of a wider transformation programme at the bank.
Article: Who's Bought What? – July / August 2012
04 July 2012
A round-up of recent orders in the financial technology sector worldwide. Temenos, Misys, Polaris and Sword Apak are among the vendors gaining new deals. National Bank of Egypt, Standard Bank, BTG Pactual and others acquire new software.
Article: UTB implementing Sword Apak's core banking system
28 June 2012
Secured funding specialist, United Trust Bank, has kicked off a project to implement Sword Apak's Aurius core banking system. Go-live is expected next spring.
Article: Housing Finance Bank in Uganda drops Misys for Intellect core banking solution from Polaris
15 June 2012
Polaris has won its first core banking system customer in Uganda. Housing Finance Bank has selected Intellect, after considering Infosys, Temenos, Misys and others, to replace Misys' Bankmaster.
Article: TCS Bancs to support new pan-African bank
30 May 2012
Letshego Holdings, a Botswana-based lending company, is planning to move into full retail banking at home and six other African countries. TCS Bancs will be its main core banking platform.
Article: Vendor view: SAB & Clear2Pay – French connection
28 May 2012
SAB is one of the three major French core banking suppliers that operate in North Africa. Its chairman, Olivier Peccoux, tells IBS about the experience. Also in this article we ask how much headway can a French vendor make in North Africa? IBS...
Article: Credit default data initiative set to go live with SAS and Capgemini
11 May 2012
The PECDC credit default initiative is seeking new bank members as it gets ready for a go-live with its new SAS analytics platform and Capgemini services.
Article: PSB Bank in IT overhaul
02 May 2012
Curacao-based PSB Bank, a government owned outfit which until recently focused on savings and loans, has taken Fiserv's Signature core banking platform plus its Aperio channel integration solution.
Article: R-Style Softlab unveils new core banking platform
01 May 2012
Russian banking software vendor, R-Style Softlab, is bringing to market a new banking software offering, Business Universe. The solution has the best-of-breed approach at its heart, and spans front, middle and back office.
Article: Free Webinar: How To Improve Negotiation and Contracting Techniques with Technology Vendors
23 April 2012
Our free webinar How To Improve Negotiation & Contracting Techniques with Technology Vendors took place on Wed 25th April 2012 (a recording of the webinar is available to view on our
Article: Interview: V Ramkumar, Cedar Consulting – Always look on the bright side of life
04 April 2012
The desire of some Middle Eastern banks to move in wider international circles could be the catalyst for major change in the industry. IBS talks to technology consultant V Ramkumar.
Article: Backchat – April 2012
04 April 2012
The latest gossip from around the industry.
Article: Baltic Development Bank modernises IT with CFT
26 March 2012
Moscow-based Baltic Development Bank is implementing the CFT-Bank core system from domestic vendor, CFT. The system will support the bank's consumer financing strategy as well as the provision of payments processing outsourcing services to other...
Article: BayernLB changes IT execs, puts Misys Loan IQ project under review
21 March 2012
The future of Misys' Loan IQ syndicated lending system at Germany-based Bayerische Landesbank (BayernLB) is in doubt. Yet another IT management change at the bank is believed to have resulted in a review of the Loan IQ project.
Essential research publications from IBS Intelligence:
Order IBS publications in our Research Shop
Visitor Poll
Would you find it useful to access IBS Intelligence research via an app/mobile platform?
In the Research Shop
|
Core Banking Systems Case Studies
£1,495.00
|
Banking Systems Market Survey 2012-13
£395.00
|
|
Retail Banking Systems (RBS) Market Report
£895.00
|
|
Core Banking Systems Cost Benchmark 2012
£395.00
|
|
The IT User's Guide to Banking Definitions
£95.00
|
