People’s United Bank Chooses Real-Time Lending Solution from FIS & Numerated to Further Enhance & Digitize Its Lending Proc...
December 12 2018 - 8:00AM
Business Wire
FIS™ (NYSE: FIS), a global leader in financial services
technology, announced today that it has been selected by People’s
United Bank to provide a real-time lending solution to further
digitize and automate the review-to-closing lending process,
helping the bank enhance its relationships with small and midsize
businesses (SMB) across industries. The $47 billion Northeast-based
regional bank chose the FIS Real-Time Lending solution, based on
its partnership with Numerated Growth Technologies, Inc.
Using powerful data analytics technology, the solution will
enable People's United to pre-qualify and send personalized loan
offers to potential customers. Credit reviews, risk profiling,
pricing and loan closing can then all be handled within minutes,
delivering a faster, more efficient loan origination process to
qualified SMBs.
“We pride ourselves on our ability to provide customers with a
unique value proposition though the integration of technology
enhanced by our expert bankers,” said Sara Longobardi, senior
executive vice president, Retail Banking at People's United Bank.
“This new digital business lending solution from FIS and its
partner Numerated is the next step in that journey, and reaffirms
our commitment to partnering with innovative fintech companies who
understand the dynamic needs of our customers.”
“People’s United Bank is known for its focus on providing
extraordinary customer service through its extensive network across
the Northeast and beyond,” said Bruce Lowthers, chief operating
officer, Integrated Financial Solutions at FIS. “This new Real-Time
Lending solution will enable the bank to further enhance its
services to its business customers by better supporting their
lending needs with speed, ease and accuracy.”
FIS and Numerated are partnering to bring real-time lending to
financial institutions across the United States by offering rich
data integrations and accelerated speed to market. People’s United
Bank joins Bremer Bank and a growing number of other leading
financial institutions that are taking advantage of the power of
FIS Real-Time Lending.
About FIS
FIS is a global leader in financial services technology, with a
focus on retail and institutional banking, payments, asset and
wealth management, risk and compliance, and outsourcing solutions.
Through the depth and breadth of our solutions portfolio, global
capabilities and domain expertise, FIS serves more than 20,000
clients in over 130 countries. Headquartered in Jacksonville, Fla.,
FIS employs more than 52,000 people worldwide and holds leadership
positions in payment processing, financial software and banking
solutions. Providing software, services and outsourcing of the
technology that empowers the financial world, FIS is a Fortune 500
company and is a member of Standard & Poor’s 500® Index. For
more information about FIS, visit www.fisglobal.com.
Follow FIS on Facebook (facebook.com/FIStoday), LinkedIn
(linkedin.com/company/fis) and Twitter (@FISGlobal).
About Numerated
Numerated powers the digital transformation of business lending
at banks. Numerated's end-to-end platform profitably grows business
portfolios through a powerful combination of real-time lending
customer experience, automated credit decisioning, and modern
marketing and sales tools that attract and win businesses.
Numerated was developed in 2015 within and for Eastern Bank, and
was spun-out as an independent company in 2017 after meaningfully
growing its business loan portfolio. To learn more,
visit www.numerated.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20181212005040/en/
Kim Snider, 904.438.6278Senior Vice PresidentFIS Global
Marketing and Communicationskim.snider@fisglobal.com
Fidelity National Inform... (NYSE:FIS)
Historical Stock Chart
From Mar 2024 to Apr 2024
Fidelity National Inform... (NYSE:FIS)
Historical Stock Chart
From Apr 2023 to Apr 2024