Recently, I had the privilege to attend the 29th Annual Factoring Conference in New Orleans. This annual conference is a unique event presented by the International Factoring.
The CFPB recently issued Section 1071 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. It was evident that this rule, which seeks to amend the ECOA to require strict reporting requirements for small business lenders.
Last month, I attended the 28th Annual Factoring Conference presented by the International Factoring Association (IFA) in Boston. This is the world's largest conference.
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PHOENIX, May 12, 2021 /PRNewswire/ Jack Henry & Associates, Inc. (NASDAQ:JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Today, from the International Factoring Association s 27
th Annual Factoring Conference, Jack Henry Lending introduced the FactorSoft
® Web Portal, a powerful digital solution that provides lenders with the ability to grow and scale with a digital footprint.
Currently, FactorSoft is used by more than 175 lenders nationwide. The new web portal features app-like 24/7 mobile access to give borrowers and their customers personalized, near-real-time account information anytime and anywhere. The scalable, white-labeled solution features improved authentication and active monitoring of security threats. It is also available with multilingual functionality for a more user-friendly experience.