Credit referencing and support

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/Credit referencing and support

CredoLab raises US$1 million from Walden International

CredoLab, a fintech provider of highly predictive, mobile-based alternative credit scoring solutions for banks, consumer finance companies, and retailers, today announced it has closed a US$1 million investment from established global venture capital firm Walden International.

/Credit referencing and support

Mastercard and Unilever bring digital lending to Kenyan micro-entrepreneurs

Following a pilot in Kenya, Mastercard and consumer goods giant Unilever are expanding a digital lending initiative designed to help micro-entrepreneurs in developing countries get credit.

/Credit referencing and support

Credit card startup Deserve closes $50m credit facility

Deserve, the first credit card designed for Generation Z with the goal of granting more Americans access to fair credit products and a path to financial independence, today announced it has raised $50 million in debt financing from Keystone National Group to fuel growth in account receivables and help jumpstart first-time credit owners’ financial journeys.

/Credit referencing and support

Nordea to divest its shares in UC AB

The Finnish credit information company Asiakastieto Group Plc ("Asiakastieto") listed on NASDAQ Helsinki has entered into an agreement with all owners of UC AB ("UC"), including Nordea, to acquire UC at a price amounting to appr. 340 mn euro.

/Credit referencing and support

Yes Bank boosts digital lending through Paisabazaar API integration

India's Yes Bank has moved to smooth out its digital lending processes through an API-based integration with Paisabazaar, a marketplace for loans and cards.

/Credit referencing and support

TransUnion to acquire the UK's Callcredit for £1 billion

TransUnion (NYSE: TRU) announced today its agreement to purchase Callcredit Information Group, Ltd., the second largest and fastest growing consumer credit bureau in the U.K., headquartered in Leeds.

/Credit referencing and support

Fico unveils new and improved banking tools

FICO today unveiled a host of new retail banking solutions that allow lenders to manage the credit lifecycle in a way that is smarter, faster and simpler.

/Credit referencing and support

Silver Lake buys $500m stake in Credit Karma

Private equity firm Silver Lake is buying a $500 million stake in personal finance technology outfit Credit Karma from existing investors.

/Credit referencing and support

TSB launches lending marketplace for small businesses

Challenger bank TSB has unveiled its latest weapon in the fight against Britain's high street giants, a business marketplace where SMEs can compare financing options from a host of lenders in one place.

/Credit referencing and support

CreditLadder recruits Monzo and Starling

Monzo and Starling Bank have joined a raft of incumbents to integrate with rent recognition platform CreditLadder to help tenants to improve their credit history with rating agencies.

/Credit referencing and support

New Norwegian bank picks Tieto AI tech for loan applications

Kraft, a new Norwegian bank targeting customers rejected by other lenders, has selected Tieto's AI technology for processing loan applications.

/Credit referencing and support

LendingTree rolls out free credit monitoring service

LendingTree, the nation's leading online loan marketplace, today announced the launch of a free credit monitoring service within the My LendingTree platform.

/Credit referencing and support

Danish online lender basisbank to implement Fico Blaze Advisor

Basisbank, an online lender in Scandinavia, will control credit risk and accelerate its digital transformation using FICO decision management technology, analytic software provider FICO announced today.

/Credit referencing and support

Callcredit appoints Fielding and Cannon as consumer and fraud leads

Callcredit Information Group has made two new senior appointments to help it better serve and protect clients in the age of the empowered consumer.

/Credit referencing and support

Australian competition watchdog takes action against Equifax

The ACCC has today instituted proceedings in the Federal Court against credit reporting body, Equifax Pty Ltd (formerly Veda Advantage Pty Ltd), alleging breaches of the Australian Consumer Law (ACL).

/Credit referencing and support

Startupbootcamp Scale Fintech picks first Mexico City startups

Startupbootcamp Scale FinTech Mexico City, the first innovation program for growth stage startups in Latin America, announces the five FinTech startups chosen to be part of its first program, based in Mexico City.

/Credit referencing and support

RBL Bank partners with CreditVidya for instant Employment Verification

RBL Bank, one of India’s fastest growing private sector banks, has partnered with CreditVidya, India’s leading fintech firm providing alternate data credit underwriting solutions to over 25 premier financial institutions.

/Credit referencing and support

Experian agrees to acquire ClearScore

Experian, the global information services company, is pleased to announce that it has agreed to acquire ClearScore.

/Credit referencing and support

Select Bank & Trust picks Sageworks to boost lending efficiency

Select Bank & Trust of Dunn, N.C., has recently partnered with Sageworks, a financial analysis company that offers lending, credit risk and portfolio risk solutions to banks and credit unions.

/Credit referencing and support

Equifax finds another 2.4m breach victims

Equifax has identified another 2.4 million US victims of the massive data breach the credit referencing firm suffered last year.