Latest Credit referencing and support News: Finextra Research

Company update/retail

LendingFront closes $4m Series A round

LendingFront, a leading small business lending software provider, today announced it has raised a $4 million Series A funding round led by Information Venture Partners with participation from Newark Venture Partners, Revel Partners, Contour Venture Partners and existing investors Struck Capital, ValueStream Ventures and Las Olas VC.

07 January 2019

News/startups

Credit checking startup TotallyMoney agrees £29 million funding round

TotallyMoney, a fintech startup providing consumer credit reports, has agreed £29 million of funding from Elliott Advisors (UK) Limited (Elliott) and existing investors Scottish Equity Partners (SEP).

20 December 2018

Company update/Credit referencing and support

Equifax Ignite data and analytics suite launches in UK

Equifax, the consumer and business insights expert, is launching its Equifax Ignite solution to the UK market, following a successful launch in North America.

13 December 2018

Company update/Credit referencing and support

Experian to acquire South Africa's Compuscan for $263 million

Actis, a leading growth markets investor, has announced their agreement to the sale of Compuscan, a provider of credit information and analytics services, to Experian for ZAR3.72 billion (USD263 million).

11 December 2018

Company update/retail

Frankenmuth Credit Union signs for Sageworks lending tech

Frankenmuth Credit Union of Frankenmuth, Mich., has recently partnered with Sageworks, a financial information company that offers lending, credit risk and portfolio risk solutions to over 1,500 banks and credit unions throughout the country.

03 December 2018

News/Credit referencing and support

LiveLend loan rates go down as borrowers' credit scores go up

A British startup has launched what it claims is the world's first 'dynamic' loan that rewards borrowers with better rates as they improve their credit score.

30 November 2018

Company update/retail

Numerated raises $8m

Numerated, the financial technology company offering banks a real-time lending and growth platform, announced today it has closed $8 million in additional financing—bringing its total funding to $17 million.

28 November 2018

News/Credit referencing and support

CMA finds Experian/ClearScore merger could hamper competition

The UK's anti-trust watchdog has provisionally found that Experian's takeover of ClearScore is likely to weaken competition in the credit reporting sector and have a negative effect on the services offered to customers.

28 November 2018

Company update/inclusion

HK-based loan origination and credit scoring engine Oriente raises $105 million

Oriente, the Hong Kong-based financial services and technology company committed to unlocking financial inclusion in emerging Asia, announced today that it had completed a US$105 million initial funding round.

28 November 2018

Company update/Credit referencing and support

Signicat provides electronic IDs for credit agreements with Resurs Bank retail partners

Signicat, a leader in verified digital identity solutions, today announced it has been selected by Resurs Bank to provide instant mobile signing of credit agreements.

28 November 2018

Company update/Credit referencing and support

Experian unveils new Open Banking services

Experian has launched a new set of advanced Open Banking services. Affordability Check and Tenant Vetting Service are both innovations which will empower consumers to better understand and take control of their finances, while offering businesses the insight to deliver improved products and services.

22 November 2018

News/startups

BBVA-backed startup helps Americans fix inaccurate credit reports

Upturn, a US startup incubated by BBVA, has officially launched, offering a free online tool that simplifies and streamlines the process of disputing inaccuracies on people's credit reports.

15 November 2018

News/startups

Santander InnoVentures invests in credit scoring and PFM app

Santander's fintech venture capital fund has invested in German credit scoring and personal finance app Bonify. Details were not disclosed.

15 November 2018

Company update/retail

Experian launches Credit 3D

Experian is launching a new range of services to help lenders evolve their approach to making consumer credit decisions, so businesses can make more informed decisions and deliver fairer, more affordable outcomes for their customers.

05 November 2018

Company update/Credit referencing and support

TransUnion to sell Noodle business to Credit Karma

TransUnion, the global risk and information solutions provider, has announced today an agreement to sell its Noddle business, the UK-based free-for-life credit reporting and monitoring service, to Credit Karma.

05 November 2018

News/payments

The revolution of money is in the hands of the consumer – a Money 20/20 round-up

For the seventh year running, Money 20/20 put on an impressive show in Las Vegas and welcomed thousands of innovators from the fintech and banking industries to learn about disruption and forge business connections.

01 November 2018

News/payments

DBS launches Facebook Messenger bot for restaurant orders

Singapore-based DBS has begun testing a chatbot that allows customers to order and pay for meals at participating restaurants through Facebook Messenger.

29 October 2018

Company update/Credit referencing and support

CastLight taps Open Banking data to calculate affordability credit score

Affordability innovator Castlight Financial has developed the world’s first open-banking affordability score, providing access to borrowing for the first time for the 5.8 million people , in the UK alone, with “thin credit files”.

24 October 2018

Company update/Credit referencing and support

Rental payments recognised in credit reports for the first time

Rental payment information now appears on the Experian credit reports of more than 1.2 million tenants from across the UK.

24 October 2018

Company update/retail

Envestnet | Yodlee launches risk insight tool

Envestnet | Yodlee (NYSE: ENV), a leading data aggregation and data analytics platform powering dynamic, cloud-based innovation for digital financial services, today announced Envestnet | Yodlee Risk Insight for Pre-Qualification reports.

23 October 2018