IBM Launches Digital Loan Processing Platform and 2 Other Dow Movers to Watch
International Business Machines Corp. (NYSE: IBM): Current price $184.07
On Thursday, IBM introduced its comprehensive Digital Loan Processing platform, which joins the core lending business process with mobile applications and analytics, permitting lenders to transform the online experience for their customers. Employing this new solution, borrowers may now engage in real-time during all aspects of the loan application process — applying online, acting on inquiries, uploading documents, and monitoring loan approval status, each from their smartphone or tablet device.
Hewlett-Packard Co. (NYSE:HPQ): Current price $22.16
HP Enterprise Services says that it has been awarded a task order by the United States Defense Department’s Defense Manpower Data Center to support and improve four Personnel Security and Assurance systems, and also to provide development assistance for the Defense Information System for Security. Using this three-year, $56-million task order, HP will supply Applications Management Services to oversee, maintain and enhance the Joint Personnel Adjudication System, Improved Investigative Records Repository, Defense Central Index of Investigations, and the Secure Web Fingerprint Transmission.
General Electric Co. (NYSE:GE): Current price $23.20
GE, the National Football League and Under Armour, said Thursday that it has debuted Head Health Challenge II, representing their second effort to promote innovation and competition through which to create new materials that can protect brains from traumatic injuries and new tools for monitoring impacts to the head in real time. The aggregated awards will be handed out in September 2014 and could amount to $10 million. As many as 10 winners will be chosen to receive up to $500,000 each with a potential $1 million award subsequent to a second round of judging.