QuickFi is a finalist in three categories for the 2022 Banking Tech Awards USA: Best Use of IT for Lending, Best Innovation and Best Digital Initiative. Other recognized finalists in these categories include JP Morgan Chase, Citizens Financial Group, U.S. Bank and Goldman Sachs.
 
The patented QuickFi platform incorporates facial recognition, drivers’ license authentication, AI and blockchain technologies to facilitate secured loans and leases for creditworthy business borrowers. Borrowers initiate and complete financing in three minutes on the mobile, 100 percent self-service financing platform at anytime, from anywhere.
 
QuickFi costs one-third to one-tenth of the cost of operating a traditional equipment finance business. Transactions that previously took days or weeks to complete are consummated securely in minutes.
 
Credit, pricing, exposure, equipment and compliance criteria are established and controlled by each participating bank. The originating bank retains all the interest income relating to the loan and lease transactions. QuickFi also provides manufacturer equipment financing programs for global companies including Johnson Controls, SANY, Atlas Copco and Juniper Networks.
 
The Banking Technology Awards is a premiere awards event by FinTech Futures. After the continued success of its annual Banking Tech Awards in London, FinTech Futures is excited to host these awards in the United States on May 19 in San Francisco, CA, to bring people together to recognize the outstanding achievements and successes in the banking and fintech industry.