Credit referencing and support

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/Credit referencing and support

Line releases proprietary scoring engine

LINE Corporation (“LINE”) announces that its proprietary scoring service LINE Score will be available today through LINE Credit Corporation (“LINE Credit”).

/Credit referencing and support

Canopy raises £3.1 million

Canopy, the digital rental market-place which is on a mission to help millions of renters achieve greater financial resilience, has raised £3.1m, in the first few weeks of its current funding campaign.

/Credit referencing and support

CreditLadder supports Revolut for rent reporting

UK based tenants among the 1.4 million-plus customers of Revolut, one of the UK’s fastest growing challenger banks, are now able to report their rent through CreditLadder to credit reference agency Experian.

/Credit referencing and support

Mogo Finance Technology and Difference Capital merge

Mogo Finance Technology Inc. (TSX:MOGO) (NASDAQ: MOGO) ("Mogo") and Difference Capital Financial Inc. (now “Mogo Inc.”) (TSX: DCF) ("Difference" or, following the Arrangement (as defined below), the “Combined Entity”) are pleased to announce the completion of Mogo’s previously announced arrangement (the “Arrangement”) under the Business Corporations Act(British Columbia) (“BCBCA”), pursuant to which Mogo combined its business with the business of Difference.

/ai

Cybertonica and Credit Kudos partner on AI-powered credit scoring

Cybertonica and Credit Kudos announced at Money20/20 a new partnership using their combined platforms to automate credit scoring, harnessing Open Banking.

/startups

Aussie credit score monitoring app launches

In an Australian-first, a credit score app has been developed to give consumers more access than ever before to their personal credit score, enabling them to monitor their credit health in real time, for free, and make proactive decisions that will improve their appeal to lenders.

/startups

Fundrr takes on South African SME lending market

There are 2.4 million SMEs in South Africa that employ around 60 – 70% of the working population, but this market experiences a dearth of funding, causing a R86 billion credit gap for small businesses. Each year, the number of SMEs in the country decreases due to their inability to access finance.

/Credit referencing and support

Cashplus applies for £10 million from BCR Pool C funding

Cashplus, the leading UK challenger to banks, today announced that it will apply for a £10m award from the Banking Competition Remedies (BCR) Capability and Innovation Fund (CIF).

/Credit referencing and support

Equifax moves to new City office

Equifax, the consumer and business insights expert, has today moved offices to 1 Angel Court, Bank, at the heart of the City of London.

/Credit referencing and support

Hastings Direct selects Equifax as long term data partner

Hastings Direct, the technology driven insurance provider, has extended its relationship with Equifax, the consumer and business insights expert, in a multi-year deal.

/retail

First National Bank selects ProfitStars commercial lending platform

Jack Henry & Associates, Inc. (NASDAQ:JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Its ProfitStars® division announced today that Damariscotta, Maine-based First National Bank has selected its Commercial Lending Center Suite™ to streamline processes and boost efficiencies with a more sophisticated approach to commercial lending.

/retail

Lowell opens Amsterdam data science centre

Lowell has cemented its commitment to industry-leading, advanced analytics with the launch of Lowell Labs.

/Credit referencing and support

TransUnion completes sale of Noddle to Credit Karma

We have announced today that we have completed the sale of Noddle, the free-for-life credit reporting and monitoring service, to Credit Karma, following approval from the Financial Conduct Authority (FCA).

/Credit referencing and support

Credit checking agency ClearScore joins forces with savings marketplace Raisin

The leading online savings platform Raisin UK has announced a new partnership with ClearScore, the UK’s number one credit checking service.

/Credit referencing and support

The ID Co. ships income verification tool

Global FinTech, The ID Co. has today announced the launch of its pioneering Income Verification solution.

/ai

Fico and Equifax team up to sell data to banks

To increase velocity for deploying predictive models, Fico and Equifax are introducing the Data Decisions Cloud.

/Credit referencing and support

Monevo launches personal loan API

Monevo, Europe’s largest personal loan market place and platform, has launched Credit Staq for the UK market; a cutting-edge tech solution which gives consumers access to a comparison of pre-approved lending options from across the whole market.

/retail

Credit scoring outfit Kontomatik enters Southeast Asian market

Kontomatik starts operating in the Philippines and Indonesia, with further expansion plans in the SEA region, as the first Polish company delivering new data source for alternative credit scoring based on financial transaction data to consumer finance and micro-lending companies in SEA.

/retail

New data sources could boost UK financial inclusion by 1.5m - Experian

Experian has targeted radically reducing the UK’s ‘Invisible’ population by harnessing the potential of new data sources, which can help organisations make more informed decisions.

/inclusion

Experian opens Singapore incubator

Experian, the world leader in information services, is further expanding and investing in its innovation facility, Experian X Labs based in Singapore.