Credit referencing and support

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/Credit referencing and support

ICICI Bank and Paytm partner for digital credit provision

Paytm, India’s largest payments platform has partnered with ICICI Bank, the country’s largest private sector bank by consolidated assets, to jointly launch ‘Paytm-ICICI Bank Postpaid’, the most seamless way to access interest-free short-term digital credit.

Equifax profits dive on data breach costs

/Credit referencing and support

Equifax profits dive on data breach costs

Equifax has reported a 27% drop in profits in its third quarter results as the costs of recovering from a recently disclosed data breach begin to mount.

Mobile lender WeLab scoops $220 million in financing

/Credit referencing and support

Mobile lender WeLab scoops $220 million in financing

Alibaba, Credit Suisse, and the World Bank's International Finance Corporation have joined in a $220 miliion Series B and debt financing round for Hong Kong-based mobile lender WeLab.

/Credit referencing and support

Australian fintech industry backs mandated positive credit reporting

The Australian Government’s decision to mandate a comprehensive credit reporting regime should help Australian borrowers get a better deal from lenders and has followed strong leadership from Australia’s fintech industry.

/Credit referencing and support

Affirm launches lending app

Affirm, Inc., the company started by serial entrepreneur Max Levchin to provide fair and honest financial services, today announced the public release of its new mobile application designed to reinvent personal credit.

/Credit referencing and support

Finicity launches online platform for lenders

Finicity, a leading provider of real-time financial data aggregation and insights, announced today Finicity Reports, an online platform that allows lenders to order, manage and monitor digital verification reports.

/Credit referencing and support

Free credit scoring platform launches for all registered businesses in the UK

Open Risk Exchange (ORX) has launched a platform offering free credit scores for all registered businesses in the United Kingdom.

/Credit referencing and support

Baker Hill inks reseller deal with Experian

Baker Hill, a leading provider of technology solutions for common loan origination, portfolio risk management and smart data analytics, today announced its reseller agreement with Experian®, the world’s leading global information services company.

/Credit referencing and support

The ID Co. launches tool to assess loan applicants on verified income

One of the UK’s leading financial technology specialists, The ID Co., has announced it is the first software specialist to offer lenders the capability to calculate and base lending decisions on customers’ real earnings, known as verified income.

/Credit referencing and support

Oakam partners City University to explore the use of psychometric data in credit scoring

Digital micro-lender, Oakam has provided over 420,000 loans totalling over £320 million to consumers overlooked by mainstream financial institutions since 2006.

/Credit referencing and support

GPS and Marq Millions join forces for Arro Money launch

Global Processing Services (GPS) is pleased to announce its agreement with new client Marq Millions as they launch their flagship product Arro Money.

New DLT consortium forms for syndicated lending market

/Credit referencing and support

New DLT consortium forms for syndicated lending market

A consortium of fintechs and banks has developed a distributed ledger technology (DLT) platform for the syndicated lending market.

Equifax CEO quits after massive hack

/Credit referencing and support

Equifax CEO quits after massive hack

Equifax chief executive and chairman Richard Smith has retired in the wake of the data breach at the credit referencing firm that exposed the personal details of approximately 143 million US consumers.

/Credit referencing and support

Equiniti launches new credit services business

Equiniti is pleased to announce the launch of Equiniti Credit Services, the UK’s primary consumer credit technology and outsourced service provider.

Equifax hack: Visa and Mastercard flag 200k compromised credit cards

/Credit referencing and support

Equifax hack: Visa and Mastercard flag 200k compromised credit cards

The details of more than 200,000 Visa and Mastercard cards were stolen during the recent cyber-breach at credit referencing firm Equifax.

/Credit referencing and support

Instabank deploys Provenir tech

Instabank, often dubbed a ‘Challenger Bank,’ is among a new breed of financial services that is taking hold of technology to meet the increasing demand for simplified, digital-first banking experience.

Santander invests in startup that helps underbanked buy smartphones

/Credit referencing and support

Santander invests in startup that helps underbanked buy smartphones

Santander InnoVentures has joined a $6 million funding round for PayJoy, a San Francisco-based startup working to help underbanked people buy smartphones.

Huge Equifax breach hits 143 million consumers

/Credit referencing and support

Huge Equifax breach hits 143 million consumers

Credit referencing firm Equifax has reported a cyber-breach which spilled the personal details of approximately 143 million US consumers.

/Credit referencing and support

Peoples Bank and Trust picks Baker Hill NextGen Statement Spreading

Baker Hill, a leading provider of technology solutions for common loan origination, relationship management and smart data analytics, announced that Peoples Bank and Trust Company of Hazard has selected Baker Hill NextGen Statement Spreading to gain greater insight into the commercial lending underwriting process from one central location for more efficient financial analysis.

Earnest to create 500 jobs in Utah move

/Credit referencing and support

Earnest to create 500 jobs in Utah move

San Francisco-based fintech startup Earnest is opening a second location in Utah, adding up to 500 jobs to the community and $5.6 million in capital investment over the next five years.

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