Credit referencing and support

882 articles tagged with this keyword

/ai

Secure Trust Bank deploys Jaywing’s ‘explainable’ AI for application scoring

Secure Trust Bank has become the first UK lender to complete live deployment of credit application models built using Archetype, the proprietary ‘explainable’ AI-driven software of credit scoring and AI experts, Jaywing.

/Credit referencing and support

US regulators approve alternative data to assess creditworthiness

Federal banking regulators in the US have given their support to the use of the alternative data other than traditional credit scores in determining creditworthiness.

/Credit referencing and support

Zions rolls out Mirador digital lending platform

Mirador, the leading small business lending platform provider, announced today that Zions Bancorporation, one of the nation’s leading small business lenders with $70 billion in assets, selected and has fully launched Mirador’s digital lending platform to substantially expedite the loan application experience for customers and materially improve efficiencies within the bank.

/Credit referencing and support

Equifax and Neustar finds new ways to classify consumers

Equifax Inc. (NYSE: EFX) and Neustar®, Inc., today announced a strategic agreement designed to deliver superior segmentation solutions to the financial services industry.

/Credit referencing and support

Funding Xchange closes £8 million funding

Funding Xchange (FXE), the FinTech that has built digital decisioning technology to enable partners like MoneySuperMarket, Monzo and Experian to offer their customers instant access to personalised transparent quotes for business funding, today announced the closing of an £8 million funding round, led by Downing Ventures and Gresham House Ventures.

/inclusion

ClearScore to target underserved borrowers with Credit Kudos

ClearScore has selected Credit Kudos to develop its new open banking powered eligibility solution for products including mortgages, credit cards, and loans.

/Credit referencing and support

NAB offers free credit reports to all Australians

Australians, no matter who they bank with, can now access their credit report and score for free with NAB.

/Credit referencing and support

Gendered credit scoring increases women's chance of credit acceptance

Following news of the probe into Apple Card’s credit worthiness algorithm after sexism claims, University of Edinburgh Business School reveals that including gender in credit scoring models improves women’s chances of being granted credit.

/Credit referencing and support

Mojo Mortgages partners with Credit Kudos

Online mortgage broker, Mojo Mortgages, has partnered with Credit Kudos to announce the launch of MortgageScore, a market-first service for thousands of first time buyers who want to get on the property ladder.

/Credit referencing and support

Apple Card faces investigation over sexist credit limit claims

US regulators have opened a probe into the algorithm used to determine the credit worthiness of Apple Card applicants after a man took to Twitter to call it "sexist" for giving him a credit limit 20 times higher than his wife's.

/startups

ID Finance raises £4.4m on Crowdcube

ID Finance, a digital lending platform that uses smart credit scoring technology to target the underbanked in Spain and Latin America, has raised a record £4.4 million on Crowdcube.

/Credit referencing and support

Equifax hires former Amazon man as chief product and marketing officer

Equifax, the consumer and business insights expert, has appointed Jayadeep Nair as Chief Product and Marketing Officer for its UK and Ireland business.

/payments

PayPal Ventures invests in Japanese instant credit firm Paidy

Paidy, a Japanese instant credit startup, has raised $83 million in a Series C extension joined by PayPal and secured an additional $60 million in debt financing.

/startups

Silicon Valley Bank loans out £5m to credit checking startup TotallyMoney

TotallyMoney, a UK fintech startup providing consumer credit reports, has secured £5 million in debt funding from Silicon Valley Bank.

/Credit referencing and support

Experian dispenses with the paperwork for business loans with Open Data

Lenders can now make it faster and simpler for small businesses to apply for finance by using a new Open Data solution from Experian.

/Credit referencing and support

AccountScore and Equifax release new Open Banking credit risk index

AccountScore and Equifax have today announced the release of a new credit risk index for the consumer lending sector which allows financial institutions to more effectively understand consumers applying for credit products.

/inclusion

Koyo raises £3.8m for Open Banking loan platform

UK open banking-powered online lender, Koyo, is set to launch later in the year following a £3.8m ($4.9m) raise in debt and equity funding.

/Credit referencing and support

American Express to use Nova Credit's Credit Passport to assess newcomers to the US

American Express has teamed up with Nova Credit, a cross-border credit reporting startup, on a first-of-its-kind digital capability that offers prospective Card Members the ability to share their international credit reports with American Express when applying for an American Express U.S. Personal Card.

/Credit referencing and support

Fox Corp completes acquisition of 67% of Credible Labs

Fox Corporation (Nasdaq: FOXA, FOX) announced today that it has completed its acquisition of 67% of the equity of Credible Labs Inc. (ASX: CDR) effective October 17, 2019.

/ai

ZestFinance and MeridianLink team on ML credit decisioning

ZestFinance, the leader in artificial intelligence (AI) software for credit, announced today its integration with MeridianLink®, the financial industry's leading multichannel loan and new account origination platform.