306 articles tagged with this keyword
News/inclusion
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.
29 October 2019
News/Credit referencing and support
US credit scoring outfit Credit Karma is launching its first financial product, offering its 100 million members the opportunity to open a high-yield savings account with the firm.
04 October 2019
News/ai
Kreditech, a German-based online lender and POS financing provider focused on "near prime" borrowers, is looking to the Indian market after raising EUR20 million in funding.
25 September 2019
Dutch bank ING has invested in Flowcast, a startup that uses machine learning algorithms to create predictive models that reduce risk and unlock credit to businesses.
Challenger Revolut is planning to open a customer service centre in Portugal that will employ 400 people.
02 September 2019
News/startups
Tala, a California-based outfit that uses customers' mobile phone data to build credit profiles and make lending decisions, has raised $110 million for a push into the Indian market.
22 August 2019
Fintech startup Financial Apps is suing former partner Envestnet/Yodlee, claiming that the latter ripped off FinApps' proprietary code to release its own product.
09 August 2019
Capital One revealed Monday that 100 million credit card applications had been accessed, resulting in thousands of Social Security and bank account numbers being left at risk.
30 July 2019
Swiss banking software provider Temenos has acquired Logical Glue, a London-based Explainable AI (XAI) specialist with financial services customers in the UK and Europe. Financial terms were not disclosed.
18 July 2019
British bank NatWest is piloting a digital working capital product that offers a credit limit based on business customers' unpaid invoices.
04 July 2019
OakNorth has signed a five-year deal with Dutch lender NIBC Bank in the first publicised sale by the British lender of its credit decisioning platform.
02 July 2019
A former Equifax CIO who sold stock in the company weeks before a massive data breach was made public has been sentenced to four months in prison for insider trading.
The Financial Conduct Authority has commenced a probe into the workings of the credit information market, amid concerns that some consumers are not getting a fair shake when applying for loans and credit cards.
27 June 2019
Amazon has teamed up with Synchrony Financial to launch a secured credit card targeted at Americans with no credit history or bad credit.
10 June 2019
On the final day of Money 20/20 Europe 2019 in Amsterdam, Jesse McWaters, financial innovation lead at the World Economic Forum starts the day discussing the interplay of AI, cloud, blockchain and quantum computing, and what happens when it all collides.
05 June 2019
News/retail
EBay has teamed up with Santander-backed fintech app Asto to offer cash flow loans to the online marketplace's small business customers in the UK.
03 June 2019
Royal Bank of Scotland is joining forces with Innovate Finance and Founders of the Future to run a 48-hour hackathon in Edinburgh focused on technology that helps bank the unbanked.
31 May 2019
JPMorgan Chase will give $125 million over the next five years to non-profits working around the world to improve the financial health of underserved communities, focusing on the use of fintech tools to help people save, boost their credit and reduce debt.
16 May 2019
Challenger credit bureau Credit Kudos has raised £2.2m in a funding round led by Ascension Ventures.
18 April 2019
Upstart, a US AI-powered online lender founded by a gaggle of former Googlers, has raised $50 million in a Series D funding round and inked partnerships with several banks.
09 April 2019
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