Credit referencing and support

306 articles tagged with this keyword

/Credit referencing and support

Ant denies stealing Equifax IP

Ant Financial has denied using Equifax's intellectual property or trade secrets in the development of its credit rating product, blasting a Wall Street Journal report on the subject.

/Credit referencing and support

Competition watchdog bears its teeth over Experian/Clearscore merger

The UK's competition watchdog has referred Experian's proposed takeover of Clearscore for an independent investigation after the vendors failed to address concerns raised during a preliminary probe.

/Credit referencing and support

Citrusxchange launches blockchain-based supply chain financing platform

Canadian startup Citrusexchange has unveiled a blockchain-based platform for supply chain and invoice financing.

/Credit referencing and support

EBA warns banks on being too passive or proactive on fintech

As they seek to steer a course through the new fintech environment, financial services firms must beware the risks to their business models of both being too passive and too gung-ho in their embrace of new technologies, says a European Banking Authority report.

/Credit referencing and support

Linedata Exchange Europe 2018 - live blog

Welcome to Finextra's live coverage from the Linedata Exchange Europe 2018. The theme for this year's event centres around transformation and how digital, operational and industry-wide transformation can be leveraged to deliver growth.

/Credit referencing and support

Banks will have to develop PFM tools under FCA high-cost credit reforms

UK banks will be forced to develop develop alerts for customers who may be about to slip into the red as well as a range of prompts and PFM tools that make it easier to keep on top of finances following a review by the Financial Conduct Authority into the high-cost credit market.

/Credit referencing and support

Poland puts credit histories on the blockchain

The largest credit bureau in Central and Eastern Europe, Polish Credit Office, is teaming up with local DLT specialist Billon to move millions of credit histories to the blockchain.

/Credit referencing and support

Hong Kong brings lending decisions into the digital age

The Hong Kong Monetary Authority (HKMA) is looking to bring lending into the digital age, allowing banks to forgo traditional credit checks on some personal loans in favour of big data analysis.

/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

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

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

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.

/Credit referencing and support

Australian Government moves to open up the banking industry

Australia has moved one step closer to implementing an Open Banking regime with the publication of a final Government report into the issue, accompanied by draft legislation to mandate comprehensive credit reporting.

/Credit referencing and support

Baidu seeks to raise $2bn for finance unit

Chinese search engine Baidu is looking to raise up to $2 billion to take on fellow tech behemoths Alibaba and Tencent in the financial services sector, according to Reuters.

/Credit referencing and support

Tryb scores $30m investment to build Asean financial infrastructure platform

Tryb, an Asian firm looking to buy and develop local fintech startups in order to create a "financial infrastructure platform for Asean", has raised US$30 million from the Makara Innovation Fund.

/Credit referencing and support

Spotcap introduces lending-as-a-service

Berlin-based online SME lending platform Spotcap is diversifying its business model, offering its technology to other companies, beginning with Austrian banking group Bawag.

/Credit referencing and support

Petal raises $13m for credit card aimed at people without credit history

Petal, a US credit card startup that is ditching traditional credit scores in an effort to sign up young people and the underbanked, has raised $13 million in a Series A funding round led by Peter Thiel's Valar Ventures.