Latest news with #LOS
Associated Press
03-06-2025
- Business
- Associated Press
Dark Matter Technologies announces comprehensive eClosing integration for its NOVA LOS platform
- Powered by Wolters Kluwer, eClose solution streamlines mortgage closings, supports cost savings and facilitates the compliant transfer and sale of digital loans - JACKSONVILLE, Fla., June 3, 2025 (SEND2PRESS NEWSWIRE) — Dark Matter Technologies (Dark Matter®), an innovative leader in mortgage technology, announced today that the NOVA loan origination system (LOS) platform now features a comprehensive integration to the eClosing capabilities powered by the Wolters Kluwer eOriginal® ClosingCenter. Designed to improve the mortgage closing process, eClose will help lenders reduce time-to-close, realize cost savings and provide a better borrower experience while also enabling secondary market activities. The eClose functionality enables users to seamlessly execute the full spectrum of eClosing options: hybrid eClosings, In-Person Electronic Notarization (IPEN) closings and digital 'Remote Online Notarization' (RON) closings. This allows lenders to evolve their eClosing strategy over time and provide borrowers with flexible closing options. The eOriginal® ClosingCenter solution allows NOVA clients to securely eSign and create eNotes, then deposit loan documents into the eOriginal eAsset® Management system for secondary market activities. This allows for compliant transfer and sale of digital lending assets. eSigned documents in the eVault are legally compliant and maintain the highest level of legal enforceability throughout a digital loan's lifecycle. This solution simplifies digital lending, reducing paperwork, ensuring compliance and speeding up loan cycles. 'With this capability, lenders can deliver an entirely new level of convenience and efficiency,' said Sean Dugan, the chief executive officer of Dark Matter Technologies. 'This saves time and money for lenders while allowing them to engage in secondary market activities and gives homebuyers the convenience of faster closings at the time and place of their choosing.' Dark Matter Technologies added the NOVA LOS to its product line-up in 2024 as part of a dual-product strategy alongside the Empower® LOS to provide innovative solutions and consultative services for credit unions, IMBs and small to midsize banks. The NOVA LOS provides a reliable, cost-effective solution with minimal administrative and supports retail, wholesale and correspondent lending as well as a wide range of mortgage products. 'By integrating flexible, modern eClosing options to NOVA LOS, Dark Matter is putting lenders on a fast track to a fully digital future,' said Shreya Shankar, the vice president of partnerships at Wolters Kluwer Financial & Corporate Compliance. 'We are thrilled to collaborate with Dark Matter to help NOVA LOS users enhance borrower satisfaction, increase revenue, streamline operational efficiency and unlock the potential of the secondary market through seamless eClosings.' About Dark Matter Technologies: Operating with the nimble nature of a startup and the disciplined maturity of one of the industry's leading providers, Dark Matter Technologies delivers powerful technology with unparalleled automation and relentless innovation to leading mortgage lenders, servicers and companies nationwide. For more information, visit X: @dmattertech @NOVALOS @Wolters_Kluwer #fintech #mortgage Logo link for media: NEWS SOURCE: Dark Matter Technologies ### MEDIA ONLY CONTACT: (not for publication online or in print) Elizabeth Schroeder Depth for Dark Matter Technologies (209) 774-6555 [email protected] ### Keywords: Mortgage, Wolters Kluwer, eClose solution, mortgage closings, fintech, Dark Matter Technologies, loan origination system, JACKSONVILLE, Fla. This press release was issued on behalf of the news source (Dark Matter Technologies) who is solely responsibile for its accuracy, by Send2Press® Newswire. Information is believed accurate but not guaranteed. Story ID: S2P126692 APNF0325A To view the original version, visit: © 2025 Send2Press® Newswire, a press release distribution service, Calif., USA. RIGHTS GRANTED FOR REPRODUCTION IN WHOLE OR IN PART BY ANY LEGITIMATE MEDIA OUTLET - SUCH AS NEWSPAPER, BROADCAST OR TRADE PERIODICAL. MAY NOT BE USED ON ANY NON-MEDIA WEBSITE PROMOTING PR OR MARKETING SERVICES OR CONTENT DEVELOPMENT. Disclaimer: This press release content was not created by nor issued by the Associated Press (AP). Content below is unrelated to this news story.
Associated Press
20-05-2025
- Business
- Associated Press
Argyle launches new integration, bringing real-time income and employment verification to Byte LOS customers
- New integration accelerates loan processing, enhances loan quality and embeds verification in the loan origination workflow - NEW YORK CITY, N.Y., May 20, 2025 (SEND2PRESS NEWSWIRE) — Argyle, a platform providing automated income and employment verifications for some of the largest lenders in the United States, today announced a new integration with Byte Software 's loan origination system (LOS). The integration enables lenders to access Argyle's real-time verification of income and employment (VOIE) services directly within the Byte platform, ensuring verification happens when and where it's needed to improve loan quality and keep loans moving forward. Argyle verifies income and employment through secure connections with the borrower's employer or payroll provider. With real-time access to payroll data, Byte users can generate verification reports that reflect the most current income and employment data available throughout the loan process. 'Our integration with Byte gives lenders access to GSE-approved, consumer-permissioned income and employment data and documents at a significantly lower price point than legacy solutions,' said John Hardesty, vice president of Argyle's mortgage division. 'Income and employment verifications in the Byte loan origination system gives lenders an edge in a competitive market, ensuring loans move forward efficiently with accurate, up-to-date income and employment data.' Mark Todd, Byte's EVP of sales and client services, shared similar sentiments: 'We are thrilled to partner with Argyle to bring real-time income and employment verification to our platform. This integration aligns with our commitment to providing our clients with innovative technology solutions that enhance the borrower experience and streamline the loan origination process.' For more information about Argyle's LOS integrations, visit About Argyle: Argyle is the leading provider of direct-source, consumer-permissioned income and employment verifications, making it fast and easy to gain secure and reliable access to the most complete real-time datasets stored in consumers' payroll accounts. With Argyle, lenders automate verification workflows to save time, reduce fraud and compliance risks, lower costs, and build better product experiences. As an authorized report supplier for Fannie Mae's Desktop Underwriter® validation service and an approved service provider supporting Freddie Mac's Loan Product Advisor® asset and income modeler (AIM), Argyle empowers mortgage lenders to auto-retrieve paystubs and W-2s, understand consumers' ability to pay and improve loan quality – all at 80% less cost. Argyle's commitment to innovation is backed by investors including Bain Capital Ventures, SignalFire, Checkr and Rockefeller Asset Management. For more information on Argyle's industry-leading VOIE platform, visit Tags: @withArgyle #mortgage #lending NEWS SOURCE: Argyle ### MEDIA ONLY CONTACT: (not for publication online or in print) Leslie W. Colley Depth for Argyle [email protected] (678) 622-6229 - and - Robert Palmer Byte Software [email protected] REQUEST A DEMO: ### Keywords: Finance, ARGYLE automated income and employment verifications, Byte Software, fintech, VOIE, loan origination system, NEW YORK CITY, N.Y. This press release was issued on behalf of the news source (Argyle) who is solely responsibile for its accuracy, by Send2Press® Newswire. Information is believed accurate but not guaranteed. Story ID: S2P126291 APNF0325A To view the original version, visit: © 2025 Send2Press® Newswire, a press release distribution service, Calif., USA. RIGHTS GRANTED FOR REPRODUCTION IN WHOLE OR IN PART BY ANY LEGITIMATE MEDIA OUTLET - SUCH AS NEWSPAPER, BROADCAST OR TRADE PERIODICAL. MAY NOT BE USED ON ANY NON-MEDIA WEBSITE PROMOTING PR OR MARKETING SERVICES OR CONTENT DEVELOPMENT. Disclaimer: This press release content was not created by nor issued by the Associated Press (AP). Content below is unrelated to this news story.
Associated Press
02-04-2025
- Automotive
- Associated Press
Evergreen Bank and FreedomRoad Financial Implement Inovatec's Dealer Portal and LOS to Automate Loan Origination Workflows
Cloud-Based Platforms Enhance Dealer Efficiencies and Lower Costs VANCOUVER, BC / ACCESS Newswire Inovatec Systems, a leading provider of cloud-based software solutions for lenders, has deployed its Dealer Portal and LOS platforms for power sports equipment lender Evergreen Bank Group, and its loan production centers, FreedomRoad Financial and Performance Finance. The comprehensive system supports Evergreen's power sports lending activities by offering dealers a user-friendly portal to submit loan applications for immediate processing and decisioning. 'We are very pleased with the ingenuity and simplicity of Inovatec's technology, which allows our dealers to confidently book deals in a fast and efficient manner,' said Darin Campbell, chief executive officer of Evergreen Bank. 'The ability to improve dealer experiences is vitally important to us. We know they have multiple options to finance power sports purchases and want to receive approvals and funding as quickly and seamlessly as possible. We are confident that the convenience of Inovatec's solution will make financing through both Evergreen Bank and our power sports lending divisions much easier for our dealers and their consumers, resulting in increased revenue and happier customers.' Based in Oak Brook, Illinois, Evergreen Bank Group is a full-service financial institution with over $1.4 billion in assets. The bank owns and operates FreedomRoad Financial and Performance Finance, both national power sports lending divisions that provide retail financing solutions for the purchase of motorcycles, ATVs, snowmobiles, and other power sports products. Inovatec's Dealer Portal is a state-of-the-art, user-friendly solution that streamlines all aspects of the loan application process for dealers, resulting in a fast and efficient tool to book sales and enhance client satisfaction. The Portal is integrated into existing digital channels, and through intuitive drag-and-drop functionalities, allows customizing web forms to project a seamless brand experience for clients. The Portal also integrates with third party document management, credit bureaus and other services that are designed to further improve lending activity. Inovatec's market-proven LOS is a cloud-based system that automates cumbersome workflows like application scoring, decisioning and reporting requirements. When combining the Inovatec Dealer Portal and LOS, lenders can leverage a comprehensive platform that can help them succeed in a fast-changing market. 'Pairing the Inovatec Dealer Portal with the LOS creates a compelling solution for financial institutions to automate their loan application processes and accelerate sales activity,' said Samuel Heath, Inovatec's chief revenue officer. 'We are especially proud that Evergreen Bank and its loan production companies, which distinguish themselves by creating superior experiences for dealers and clients, have elected to use Inovatec technology to support their power sports lending activities. We fully expect that these organizations will be pleased with the speed and accuracy that our solutions provide.' About Inovatec Systems Inovatec Systems Corp. is a leading provider of cloud-based loan origination, decisioning and servicing solutions, serving lenders across North America. The company's innovative technologies enhance business outcomes by improving efficiency, accuracy, and client satisfaction. For more information, visit About Evergreen Bank Founded in 2007 and headquartered in Oak Brook, IL, Evergreen Bank Group is a leading tech-savvy community bank serving the greater Chicago area and beyond. In addition to its retail and commercial banking services, Evergreen is a national leader in niche lending markets, including collector car, power sports, and manufactured housing loans. With a focus on delivering exceptional customer experiences through innovative digital platforms, Evergreen is redefining community banking for the modern era. Media Contact: Glenn Goldberg Parallel Communications Group, Inc.
Yahoo
26-03-2025
- Automotive
- Yahoo
Inovatec to Showcase Market-Leading Automated Leasing Solutions at NVLA Annual Conference
Company will Demonstrate how the Inovatec Portal, LOS, and LMS Streamline Workflows and Improve Leasing VANCOUVER, BC / / March 26, 2025 / Inovatec Systems, a leading provider of cloud-based software solutions for financing providers, will present its market-proven automated lending and leasing capabilities at the 2025 National Vehicle Leasing Association (NVLA) Annual Conference April 9-10 in Clearwater Beach, Florida. Inovatec is a Gold sponsor of the conference. Inovatec is recognized throughout the industry for its innovative, cloud-based application processing, loan and lease origination, and servicing solutions, and has earned the trust of leasing companies, banks, credit unions, OEMS, and other lenders throughout the United States and Canada. Its portfolio enables financing companies to automate workflows, accelerate decisioning and processing, reduce errors, improve dealer and consumer experiences, and lower operating costs. Inovatec's platforms also integrate with third-party applications, such as income verification, fraud detection, and embedded payment applications, delivering substantial value to its clients. Highlighting Inovatec's participation at NVLA will be a presentation from Head of Product Strategy and Design Blake Henke. His session, "Solving the Automation Equation," will demonstrate how Inovatec's technology can automate specific leasing workflows and expedite application processing, decisioning, and reporting requirements. The session is scheduled for April 10 at 10:00 a.m. "We are looking forward to participating in this year's NVLA Conference and demonstrating why our solutions are perfectly positioned to help our clients grow their volumes by improving efficiency and mitigating human error," said Brendon Aleski, Inovatec's U.S. Sales Director. "Vehicle leasing is a highly competitive arena, and any delays in the approval process can impact dealer relationships and result in lost revenue. Our offerings enable leasing companies and other lenders to provide the experience and outcomes that their dealers and clients expect." For information on how Inovatec's LOS and Portal and LMS capabilities can deliver multiple benefits to vehicle financing companies. visit About Inovatec Systems Inovatec Systems Corp. is a leading provider of cloud-based loan and lease origination, servicing and management solutions serving lenders across North America. The company's innovative technologies enhance business outcomes by improving efficiency, accuracy, and client satisfaction. For more information, visit # # # PR Contacts: marketing@ Glenn GoldbergParallel Communications Group516-776-3282ggoldberg@ @Parallel_PRLinkedIn SOURCE: Inovatec Systems View the original press release on ACCESS Newswire
Saudi Gazette
19-03-2025
- Business
- Saudi Gazette
LuLu returns with its much-anticipated LuLu on sale campaign
This four-day shopping festival, running from March 19 to 22, 2025, promises an unmatched shopping experience across all LuLu stores in Saudi Arabia. With massive discounts on a wide selection of products, it's the perfect time to stock up, refresh your home, and complete your Eid shopping—all at amazing prices! LuLu Hypermarkets is set to launch its highly anticipated LuLu on Sale (LOS) campaign in Saudi Arabia. For the second time, LuLu customers in the Kingdom will experience this iconic sale, featuring an impressive 50% discount on a broad range of merchandise, including everything you need for your Eid celebrations, daily essentials, electronics, fashion, home décor, and more. LuLu On Sale is renowned as one of the most significant shopping festivals in the retail sector, garnering widespread participation and enthusiasm across various regions. Following a hugely successful first edition, this much-anticipated sale returns with even bigger savings and better deals, ensuring that every shopper finds exactly what they're looking for. As part of the campaign, LuLu ensures exceptional discounts on a wide array of products. Shoppers can expect substantial savings on grocery items, fresh produce, bakery, and other food essentials, perfect for Eid gatherings. The sale also extends to electronics, offering remarkable discounts on gadgets, televisions, and household items. Fashion enthusiasts can look forward to great deals on branded apparel, fashion accessories, footwear, sportswear, and bags. Those preparing for Eid will find fantastic offers on home décor, jewelry, gifting options, and festive essentials—making this the ideal time to shop for all your Eid shopping needs. To make shopping even more convenient, customers can take advantage of flexible payment solutions. They can pay in installments with Tabby and Tamara or extend their payments for up to 36 months with Quara—ensuring an effortless and budget-friendly shopping experience. With incredible deals across all products, LuLu on Sale is your go-to destination for savings on everything you need for Eid and beyond.
