Credit referencing and support

882 articles tagged with this keyword

/retail

Codat partners nCino to help banks underwrite small business loans

Codat, the universal API for small business data, today announced a partnership with nCino (NASDAQ: NCNO), the worldwide leader in cloud banking, to automate and accelerate banks' ability to underwrite small business loans around the world.

/regulation

FTC fines Credit Karma $3m over false 'pre-approved' offers

Credit Karma has been fined $3 million by the Federal Trade Commission for "tricking" Americans with allegedly false "pre-approved" credit offers.

/retail

Alloy raises $52m for global expansion

Alloy, the New York-based company behind an operating system that helps banks and fintechs make better identity and risk decisions, has raised $52 million at a $1.55 billion valuation.

/retail

Tink introduces affordability verification product

Europe’s leading open banking platform, Tink, has today announced the launch of its new product Expense Check, designed to simplify and streamline the customer affordability verification process for lenders.

/startups

Spectral raises $23 million for Web3 credit crosing model

We’re excited to announce that we’ve closed a $23 million round led by General Catalyst and SocialCapital. Samsung Next, Gradient Ventures, Section 32, Franklin Templeton Investment, Shrug Capital, Circle, Jump Crypto and others participated.

/startups

GCV leads £695,000 investment round into Finexos

Growth Capital Ventures has led a £695,000 investment round into Finexos, a fintech platform set to improve access to credit for millions of people around the world.

/retail

Alliant Credit Union partners Upstart on AI-powered personal loans

Alliant Credit Union, a fully digital, top 10 credit union in the U.S. with more than 650,000 members and over $15 billion in assets, today announced it has partnered with Upstart (NASDAQ: UPST), a leading artificial intelligence (AI) lending marketplace, to offer AI-powered personal loans nationwide.

/retail

Trustfolio partners with Equifax to offer debt advisers instant access to bank transaction data

Trustfolio Ltd, the ‘debt-tech’ collective behind the Debt Adviser Support Portal and other digital tools for creditors and third parties designed to ‘enable better debt solutions’, has partnered with Equifax to launch a new feature powered by Open Banking.

/retail

Equifax coding issue leads to inaccurate credit scores

Equifax says a "coding issue" is to blame for it providing inaccurate credit scores for millions of Americans.

/retail

Lokyata boosts platform to help lenders modernise decision automation

Lokyata, a company focused on delivering products that digitize, automate, and scale lenders’ credit decisions, has released a number of platform enhancements to help lenders further automate loan decisioning to save time, minimize manual work, standardize processes, and improve underwriting performance.

/retail

Crif introduces open banking-led consumer credit scoring to UK

Europe’s leading provider of credit information, CRIF, has expanded its open banking-powered consumer credit solution to the UK, helping more people access affordable, responsible credit during the current economic climate.

/inclusion

Morgan Stanley and Mastercard back credit-building startup TomoCredit

TomoCredit, the US startup behind a credit card designed to help first-time borrowers build credit history, has raised $22 million in a Series B funding round joined by Morgan Stanley's Next Level Fund and Mastercard.

/retail

Fico teams up with Israel's Open-Finance.ai

Global analytics software provider FICO announced today a partnership agreement with Israel’s Open-Finance.ai, a risk, finance and compliance software enabler of open banking and finance services and consulting firm headquartered in Tel Aviv.

/startups

FairPlay raises $10m to tackle bias in lending

FairPlay, a startup using AI fairness techniques to reduce algorithmic bias in lending, has raised $10 million in Series A funding.

/cloud

EXL, Oliver Wyman and Corridor Platforms launch real-time risk decisioning tech for FIs

EXL [NASDAQ: EXLS], a leading data analytics and digital operations and solutions, Corridor Platforms, a leading decision workflow automation platform, and Oliver Wyman, a premier global management consultancy, today announced a joint venture to develop a risk decisioning-as-a-service solution for financial institutions.

/startups

X1 raises $25m for smart credit card

X1, the challenger credit card for digital natives founded by former Twitter executives, is set to open to the public after securing $25 million in Series B funding.

/security

Fico and Network International target Middle East and African lenders

Global analytics software provider FICO and Network International, the leading enabler of digital commerce across the Middle East and Africa (MEA), announced today that they have expanded their partnership to bring lenders the most powerful fraud protection and credit management solutions.

/retail

Iris partners Experian to make applying for loans and mortgages easier for Brits

Iris Software Group, one of the UK’s largest software companies, has today announced it is partnering with Experian, the global information services company, to simplify and broaden access to better financial products and services for the one in six UK workers who are paid using IRIS’ software.

/payments

Circa adds credit reporting to rent payment tech

Circa, an innovative payments technology company, has added positive credit reporting through TransUnion to its rent payment solution.

/inclusion

StellarFi launches credit-building product

StellarFi, a public benefit corporation, today announced its credit-building product is now available to everyone. With this news, 132 million Americans — who currently have poor credit or no credit, or are living paycheck to paycheck –– may build their credit rating simply by paying their bills.