The Board of Governors of the Federal Reserve System granted its approval of the previously announced combination of Banc of California and PacWest and their respective bank subsidiaries. read more
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The typical underwriting process is far from perfect. It is characterized by manual work and subjectivity, and the process is very prone to human error. To improve this, many lenders have adopted credit scoring models, which is a great start.... read more
Founded in 1974 as International Decisions Systems (IDS) in Minnesota, Solifi initially focused on basic pricing offerings. Equipment finance looked a lot different back then, but the company met the industry where it was and provided solutions that organizations needed... read more