MRBLF - Marble Announced as a Finalist for Consumer Lending Platform of the Year by The Canadian Lenders Association and BMO
(TheNewswire)
Vancouver, B.C. - TheNewswire - December 16, 2020 – Marble FinancialInc. (CSE:MRBL )(CNSX:MRBL.CN) ( OTC:MRBLF) (“Marble” or the“Company”) a financial technology company that empowersCanadians’ toward a positive financial future, is pleased toannounce that has been selected as 1of 5 finalists for the ConsumerLending Platform of the Year Category at the Canadian LendersAssociation (“CLA”) 2020 Leaders in Lending Awards presented byBMO.
In a recent study by Transunion, 50% of Canadians saidtheir household has sustained a negative impact from the COVID-19pandemic. This has presented new consumer sentiments and been a periodof immense innovation in Canada. This new economic environment has ledcompanies like Marble to further innovate it’s artificialintelligence (“AI”) and data-driven fintech, leading to anincrease in financial inclusion and literacy across thecountry.
As the voice of Canada’s lending ecosystem, the CLAworks to advance and elevate all aspects of the industry includinginnovation, best practice, security, ethics, trust, policy, andadvocacy.
"Marble deserves to be recognized for advancingthe Canadian lending industry through their investment in fintechinnovation and their commitment to driving financial inclusion andliteracy." - Gary Schwartz, President CLA.
This year the CLA received 78 nominations across 8categories, each of which represents an important pillar of ourindustry. In order to select this competitive list, the CLA evaluatednominees based on three criteria:
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1. Use of technology to solveproblems and drive efficiencies throughout the lendingindustry.
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2. Implementation of new orinnovative lending strategies & business models.
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3. Positive outcomes followingsuccessful implementations of a new technology or businessmodel.
Winners from each category will be selected by anindependent jury, chaired by BMO Financial Group and announced in thenew year.
“We are proud and honored to be included with fourother fantastic leaders in the technology platform space” says KarimNanji, CEO of Marble Financial. “We have some very exciting fintechinnovation coming in 2021 to further excel within CLA’s criteria bychanging the expectations of consumers and the market whilechampioning all Canadians to improve their personal financialwellness.”
Congratulations to all the winners of the CLA and BMO2020 Leaders in Lending Awards.
ON BEHALF OF THE BOARD OF DIRECTORS,
Karim Nanji, CEO
About Marble Financial Inc. (CSE:MRBL; OTC: MRBLF) – Marble leverages itsproven data-driven strategies utilizing the power of machine learning,data science, and artificial intelligence through its industry-leadingtechnology Platform, ‘ MyMarble’ whichincludes our unique and proprietary financial wellness solutions;Fast-Track, Score-Up, Maestro, ScoreNavigator and Credit-Meds toengage in and navigate a clear path for Canadians towards financialwellbeing and a meaningful credit score. Since 2016, Marble is proudto have empowered thousands of marginalized Canadians to a positivefinancial future, and we continue to establish ourselves as leaders infinancial wellness through the licensing of our proprietary productson the MyMarble Platform.
For further information, please visit the company'swebsite at http://mymarble.ca
About The Canadian LendersAssociation - (CLA) is the voice of Canada’slending ecosystem. We represent over 100 companies in commercial andconsumer lending. These firms are some of Canada’s most recognizablefinancial institutions and fintech brands.
All CLA members are vetted and accredited based ontheir corporate standards and values. Our role is to support thehighest level of lending in Canada, servicing a wide spectrum ofbusiness and consumer borrowers’ growth requirements.
All members of the CLA must agree to act in accordancewith the mission and purposes, which include supporting the growth ofall aspects of Canada’s lending ecosystem including policy,advocacy, standards, innovation, and the adherence to and promotion ofbest practices as well as commitment to safe and ethical lendingstandards. Membership in the CLA sets our lenders and supportingaffiliates apart as trusted brands.
For further information, please visit the company'swebsite at: https: www.canadianlenders.org
Mike Marrandino, Executive Chairman
T:(855) 661-2390 ext. 104
Email: ir@marblefinancial.ca
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITSREGULATIONS SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITYFOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
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