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Analysis-US banks, private equity firms compete to finance debt-backed deals

Wall Street banks are raising billions of dollars to regain ground in lending to companies in debt-backed deals after giant private equity and asset management firms muscled in on the business over the last two years. Credit markets recovered after the Fed paused its monetary tightening late last year, encouraging banks to make a comeback in leveraged finance using their own capital and outside institutional money to expand private credit businesses. The broader $1.5 trillion syndicated loan market has already seen a revival this year, according to Chris Long, founder and CEO of Palmer Square Capital Management, a Kansas City-based credit manager. ....

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Reliable Credit Scoring Data Drives Growth for Trade Credit Providers and Their SME Customers

Reliable Credit Scoring Data Drives Growth for Trade Credit Providers and Their SME Customers
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Q2 and Array Expand Partnership to Deliver Financial Wellness Solutions

Q2 Holdings, Inc. , a leading provider of digital transformation solutions for banking and lending, today announced that Array has extended its integration partnership to a Strategic Alliance partner. ....

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Array and DCI Partner to Provide Credit Management and Financial Progress Tools to Community Bank Customers

Array and DCI Partner to Provide Credit Management and Financial Progress Tools to Community Bank Customers
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