Customers Bank enlists U.K. fintech to monitor its loan portfolio
OakNorth helps banks analyze credit, identify pandemic-related risks and forecast borrower issues before they turn into defaults. ... Read full article
News Topic: Jay Sidhu
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BankMobile promotes Luvleen Sidhu to CEO
Sidhu, who co-founded the digital-only unit of Customers Bancorp, replaces her father, Jay, who will remain executive chairman. The bank is also rolling out a new service that allows direct-deposit to customers to access their paychecks two days before ... Read full article
BankMobile deploys AI, alternative data to lend to FICO-poor students
BankMobile, the digital-only subsidiary of Customers Bank in Wyomissing, Pa., is planning to use software by Upstart to offer its first credit product to the students it reaches through relationships with 800 universities. ... Read full article