Credit referencing and support

311 articles tagged with this keyword

/wholesale

ING rolls out up-to-the-minute credit assessment tool for business clients

ING has rolled out a new digtial tool that helps businesses in The Netherlands more accurately assess the creditworthiness of their customers and suppliers.

/retail

Argentinian fintech Ualá hits $2.75bn valuation on $300m funding round

The VC arm of insurance giant Allianz has led a $300 million Series E funding round for Ualá which values the Argentinian mobile banking player at $2.75 billion.

/wholesale

Lloyds PE unit invests in LendingMetrics

Lloyds Banking Group's private equity investor LDC has backed credit risk technology provider LendingMetrics.

/retail

HSBC to accept overseas credit history for UK mortgage applications

HSBC is to make it easier for international customers with no local credit history to apply for a UK mortgage.

/retail

AperiData rolls out open banking credit score

Credit Referencing Agency AperiData has released a real-time open banking credit score to help lenders more accurately guage the ability of applicants with limited credit history to repay their debt.

/retail

Mastercard taps open banking for streamlined lending

Mastercard has boosted its open banking programme, making it easier for Americans to secure loans by streamlining income and employment verification processes.

/retail

US fintech Octane raises $50m

Octane, a fintech focussed on enabling "major recreational purchases", has raised $50 million in a Series E funding round.

/payments

Home equity-backed credit card provider Aven joins unicorn club

California-based Aven has raised $142 million to bring its home equity-backed credit card to homeowners across the US.

/inclusion

RBC partners Nova Credit to help immigrants bring their credit history with them

Royal Bank of Canada has enlisted Nova Credit to help migrants leverage their international credit history when they arrive in the country.

/regulation

CFPB moves to ban medical bills from credit reports

The Consumer Financial Protection Bureau (CFPB) has set out plans to remove medical bills from most credit reports

/identity

UK home to 3m 'Frankenstein identities, posing multi-billion pound threat

The UK is home to nearly three million "Frankenstein" identities stitched together by fraudsters out of real and made up personal details, according to researchers who warn of a potential multi-billion pound hit to the economy.

/retail

Credit technology startup Abound moves into profit

British credit technology firm Abound has achieved profitability three years after its launch and is looking to double the size of its team in London from 65 to 130 this year.

/startups

Pomelo raises $35m for credit-building remittance product

US startup Pomelo has raised $35 million in a Series A funding round for its credit-building remittance app and card.

/wholesale

Barclays invests in Funding Xchange

Barclays has led a Series B financing round for Funding Xchange (FXE), a provider of white-label software for lenders to SMEs. The size of the round was not disclosed.

/inclusion

Credit fintech Petal agrees sale to Empower

Empower Finance has agreed to buy US credit fintech Petal and closed the acquisition of Philippines-based Cashalo.

/startups

BuildMyCreditScore users see credit scores surge in months

UK open banking-powered startup BuildMyCreditScore says users have seen an average 52 increase in their credit scores in the first three months.

/cloud

TransUnion launches AI-powered data analytics platform

Credit bureau TransUnion has unveiled a cloud-based AI-powered data and analytics platform for financial institutions.

/retail

Roses are red, violets are blue, have you got a credit score above 702?

In time for Valentine's Day, the romantics at "lifestyle finance platform" Neon Money Club have launched a dating app for people with good to excellent credit scores.

/retail

Tesla partners with Origence for electric vehicle financing

Consumers shopping for Tesla vehicles are now provided with low-rate financing options when reserving or purchasing a Model Y, Model 3, Model X, Model S, or Cybertruck vehicle through Tesla’s website or mobile app.

/regulation

Bank of Ireland UK reprimanded by ICO for mistakes on over 3,000 accounts

Inaccurate data was shared from 3,284 customers’ profiles to credit reference agencies, which may have led to refusal for mortgages, credit cards or loans, or customers being granted too much credit, that they were unable to afford.