Credit referencing and support

915 articles tagged with this keyword

/ai

Brazil's CashU raises R$100 million with Itau BBA and Credit Saison

CashU, a pioneer in Brazil in the B2B credit modality based on artificial intelligence, launches its own Credit Rights Investment Fund (FIDC), with a value of R$ 100 million, to finance its operations.

/retail

ZA Bank offers free credit alert service

ZA Bank, Hong Kong’s first and largest digital bank1, today announced a new collaboration with TransUnion in Hong Kong to offer the TransUnion Credit Alert Service, making it the first bank in the city to provide this service completely free to retail users.

/payments

Fico to add BNPL data to credit scores

Following a year-long study with Affirm, Fico is planning to add buy now, pay later data to its credit scores.

/retail

Algebrik AI partners Plaid to simplify loan approvals

Algebrik AI Inc., a Delaware-incorporated company headquartered in New York City, pioneering the world’s 1st cloud-native, AI-powered, digital-era Loan Origination Platform (LOS), today announced its partnership with Plaid, the data network powering the digital financial ecosystem.

/security

Nova Credit introduces document fraud detection kit

As the threat of fraud rises with the increasing use of generative AI, traditional methods of verifying consumer information have become inadequate.

/inclusion

Davos: SC Ventures, Yabx invest $10m in purpose-driven lending platform Furaha

Standard Chartered’s innovation, fintech investment and ventures arm and Yabx Technologies, a Tech Mahindra group company, have signed a set of agreements to formalise their joint investment in Furaha.

/retail

DriveScore helps good drivers get cheaper car finance

DriveScore, a UK app that uses telematics to track how users drive to help them save on insurance, is moving into car finance.

/inclusion

Netbank teams with Discovery Credit Solutions to streamline loan management

Netbank, a Rural Bank Inc., has partnered with Discovery Credit Solutions Corp (DCSC) to introduce a cutting-edge financial service solution designed to streamline loan management and improve financial access for underserved communities.

/regulation

CFPB orders Equifax to pay $15 million penalty for improper investigation of credit reporting errors

Today, the Consumer Financial Protection Bureau (CFPB) took action against Equifax, the nationwide consumer reporting agency, for its failure to conduct proper investigations of consumer disputes.

/ai

Gate City Bank partners Lama AI for loan origination

Gate City Bank, the leading regional financial institution with locations across North Dakota and Minnesota, announced its partnership with Lama AI, an award-winning provider of GenAI-powered loan origination solutions.

/retail

TransUnion to buy consumer credit business of Mexico's Buró de Crédito

TransUnion (NYSE:TRU) has signed a definitive agreement to acquire majority ownership of Trans Union de Mexico, S.A., S.I.C., the consumer credit business of the largest credit bureau in Mexico, Buró de Crédito.

/retail

Intelligent Lending acquires TotallyMoney

Manchester-based Intelligent Lending has acquired credit scoring and personal finance app TotallyMoney.

/retail

Experian acquires Paylink's debt technology unit ReFi

Experian has, today, announced that ReFi™, a leading debt consolidation technology from Paylink Solutions, will become part of the Experian Consumer Services Marketplace, in a boost for consumers and lenders with debt consolidation and affordability challenges.

/retail

TransUnion to acquire Monevo

Credit bureau TransUnion is to acquire UK-based Monevo, a provider of loan prequalification data for banks to deliver personalised offers to consumers via comparison websites and other third parties.

/regulation

CFPB sues Experian over "sham investigations" into consumer disputes

The Consumer Financial Protection Bureau (CFPB) has sued credit reporting agency Experian for unlawfully failing to properly investigate consumer disputes and showing uncritical deferrence to institutional submissions.

/ai

Lending tech vendor Zest AI lands $200 million growth investment

Zest AI, a leader in AI lending technology, announced a $200 million growth investment from global software investor Insight Partners to support the company's next phase of transformation.

/people

Ex-Klarna CEO Alex Marsh appointed chair of Salad Money

The award-winning community lender Salad Money has announced the appointment of Alex Marsh as Chair of its Board, succeeding Sir Tim Melville-Ross who held the role since Salad's launch in 2019.

/security

Gen Digital to buy MoneyLion for $1bn

Mobile banking firm MoneyLion has agreed to be acquired by tech group Gen Digital in a $1 billion cash deal.

/ai

Zopa raises £68 million in equity funding

The funding will support growth ahead of the launch of Zopa's flagship current account and GenAI proposition in 2025.