Credit referencing and support

890 articles tagged with this keyword

/payments

Buy now, regret later? Brits face £2.3bn bill for Christmas shopping

A quarter of Brits used buy now, pay later services to fund Christmas shopping, setting up a £2.3 billion bill, according to Credit Karma.

/regulation

Synchrony wins approval for dual usage credit card

The Consumer Financial Protection Bureau (Bureau) issued a compliance assistance sandbox (CAS) approval order to Synchrony regarding their proposal to develop a “dual-feature credit card.”

/startups

Credit building startup Self raises $40m

Self Financial, a fintech startup promising to help Americans build their credit while also saving money, has raised $40 million in a Series D funding round led by Meritech Capital.

/Credit referencing and support

Admiral ties up with Credit Kudos for Open Banking data exchange

Admiral Financial Services Limited (AFSL), part of FTSE 100 company Admiral Group, has selected challenger credit reference agency Credit Kudos to provide Open Banking data to initially help with income verification in a bid to support consumers across its personal loan products.

/retail

Provenir partners FinScore on smart credit decisioning in the Philippines

Provenir, a leader in risk decisioning and data analytics software, today announced a new data integration partnership with FinScore, an alternative credit scoring company in the Philippines that uses proprietary AI and Machine Learning technology in its predictive models to help financial institutions reduce defaults, increase approval rates, and combat fraud.

/retail

NAB picks Rich Data Corp AI prediction and decisioning capability software

Rich Data Corporation has signed an agreement with the National Australia Bank (NAB) to use Rich Data Corp’s AI prediction and decisioning capability software, Delta.

/startups

Updraft raises £16m to help Brits break up with their credit cards

Updraft, a London-based startup promising to help users ditch their credit cards, has raised £16 million in equity and debt.

/retail

NatWest tests 'Housemate' app for shared living expenses

NatWest is piloting a new app for renters to share bills with flatmates and help boost their credit scores.

/retail

Provenir agrees data integration partnerships

Provenir, a leader in risk decisioning and data analytics software, today announced new data integration partnerships with alternative scoring provider CredoLab and data vendors Kompli-Global, and Ekata.

/retail

Experian lets Brits use Netflix subscriptions to boost credit scores

Experian is tapping Open Banking to help Brits instantly improve their credit scores by using their council tax and Netflix and Spotify subscription payments.

/Credit referencing and support

Koodoo and Credit Kudos to deliver digital mortgage applications through Open Banking

Digital mortgage platform Koodoo selects challenger credit reference agency Credit Kudos as Open Banking provider to deliver a better end-to-end digital mortgage journey

/Credit referencing and support

Credability releases mobile app

Specialist online financial wellbeing service CredAbility has announced the release of its mobile app, developed using the OutSystems application platform.

/Credit referencing and support

Four in five UK consumer credit applications declined due to lack of data

UK lenders declined up to 1.8 million consumer credit applications worth £10.6 billion last year due to a lack of information about the consumer, rather than poor credit histories or genuine affordability concerns, according to a study by the credit reference agency, Aire.

/regulation

Privacy watchdog takes enforcement action against Experian over data sharing

Credit referencing agency Experian has been ordered to make fundamental changes to how it handles people’s personal data after an investigation into its data broking activities by the Information Commissioner's Office uncovered serious breaches of privacy laws.

/startups

Possible Finance raises $11m over Zoom; makes remote working permanent

Possible Finance, a Seattle-based digital short-term lender for people with poor credit, has been adjusting to the Covid-29 economy, raising $11 million in funding via Zoom calls and making the long-term switch to remote working.

/retail

Borrowell boosts financial data analysis with MX

MX, the leader in money experience, today announced that Borrowell, Canada’s leading credit education company, has selected MX as part of its effort to bring financial stability to Borrowell’s one million plus users.

/retail

Provenir signs first Mexican client

Provenir, a leading risk analytics software company, today announced that will partner with Estudia Mas to automate and digitize the risk decisioning process for educational financing.

/cloud

Curve taps Thought Machine for new credit product

Card consolidation app firm Curve has picked cloud-native core banking vendor Thought Machine to power a new credit and loan offering.

/payments

Zilch works with Credit Kudos to shake up credit assessment for Buy Now Pay Later

Buy Now Pay Later (BNPL) provider Zilch has partnered with challenger credit reference agency and Open Banking provider Credit Kudos to better assess affordability of its customers.

/retail

CBA integrates Credit Savvy into app

With Aussies increasingly checking their credit scores during the Covid-19 pandemic, Commonwealth Bank of Australia has integrated services from Credit Savvy directly into its app.