PYMNTS-MonitorEdge-May-2024

Versana

Digital Platforms Promise Real-Time Fix for Loan Market’s Fax Problem
Digital Platforms Promise Real-Time Fix for Loan Market’s Fax Problem
September 18, 2024  |  Loans

For every fragmented ecosystem, there’s a digital innovation being built and scaled to streamline it. The global syndicated loan market, a $7 trillion-plus industry where...

READ MORE >
$5T Syndicated Loan Market Readies for Data-Driven Digital Makeover
$5T Syndicated Loan Market Readies for Data-Driven Digital Makeover
December 22, 2022  |  Loans

The syndicated loan market has ballooned the past few decades, but technology has lagged, badly. Syndicated loans represent a $5 trillion corner of finance, and...

READ MORE >
Versana Launches Syndicated Loan Platform
Versana Launches Syndicated Loan Platform
December 13, 2022  |  Loans

Versana has launched an industry-backed syndicated loan platform. By digitally capturing agent banks’ deal data on a real-time basis, this centralized solution connects banks, institutional...

READ MORE >
Today in the Connected Economy: Versana Tackles $5T Syndicated Loan Market
Today in the Connected Economy: Versana Tackles $5T Syndicated Loan Market
March 16, 2022  |  Connected Economy

Today in the connected economy, J.P. Morgan, Bank of America, Citi and Credit Suisse unveil their loan platform Versana, which they say will bring “transparency,...

READ MORE >
Big Banks Launch Syndicated Loan Platform Versana
Big Banks Launch Syndicated Loan Platform Versana
March 16, 2022  |  Loans

Versana, a loan platform founded by four of the world’s largest banks, announced its launch Wednesday (March 16), saying it wanted to bring “transparency, efficiency...

READ MORE >