341 articles tagged with this keyword
News/Credit referencing and support
In a week in which the sector has been rocked by the Lending Club scandal, online marketplaces have been warned in a new report from the US Treasury that they need to be more transparent and should, in some cases, face greater regulatory oversight.
11 May 2016
Branch, a startup promising to bring lending to people in developing nations by using data stored on their mobile phones to make credit decisions, has raised $9.2 million in a Series A funding round led by Andreessen Horowitz.
31 March 2016
US online lending powerhouse SoFi has declared itself a Fico-free zone, ditching traditional credit scores in favour of what it claims are more useful data.
12 January 2016
JPMorgan Chase has become the latest bank to team up with an alternative lender, striking a deal with OnDeck Capital to deliver loans to its small business customers.
02 December 2015
Earnest has raised $75 million in a Series B funding round and secured another $200 million in debt financing as it prepares to take on traditional banks with its data-centric approach to online lending.
17 November 2015
In the latest in a series of high profile data breaches, credit referencing agency Experian says hackers accessed its servers and stole the personal details of 15 million prospective T-Mobile customers.
02 October 2015
The venture capital arm of Germany's CommerzBank has joined in a $20m funding round for UK-based SME lending platform iwoca.
30 July 2015
A fintech startup is attempting to humanise the credit market by using unstructured data such as social media signals.
21 July 2015
A startup offering free credit checks has been launched by the former managing director of Google UK, Dan Cobley.
20 July 2015
Credit and financial management service Credit Karma has raised $175 million in a Series D funding round joined by Tiger Global Management, Valinor Management and Viking Global Investors.
23 June 2015
Fair Isaac is piloting a new credit scoring system that uses alternative data that should make it easier for the underbanked to prove their creditworthiness.
02 April 2015
US bank Wells Fargo has built a set of interactive websites designed to help users build and improve their credit.
25 February 2015
Ant Financial, the financial services arm of e-commerce giant Alibaba, is leveraging Big Data technology and all of its considerable customer assets to launch a powerful new credit scoring agency.
28 January 2015
Former Pimco chief executive Mohamed El-Erian has become the latest big name from the world of traditional financial services to take an interest in P2P lending, making an investment in US outfit Payoff.
22 October 2014
Credit and financial management service Credit Karma has been ordered to beef up its security after a US watchdog found that its mobile app left users' sensitive personal information vulnerable.
20 August 2014
A collection of 10 fintech startups from around the world have battled their way onto an accelerator programme run by Startupbootcamp.
21 July 2014
Beating off competition from more than 300 rivals from around the world, 11 fintech startups have scored spots on an accelerator programme run by banking giant Barclays.
11 June 2014
The UK's competition watchdog has floated the possibility of an independent price comparison website for payday lenders after concluding that Brits are over-paying for their loans.
US bank BBVA Compass has enlisted tech-powered lender OnDeck to help it assess small businesses looking for loans.
07 May 2014
British payday lenders will face limits on how many times they can try to take money out of borrowers' bank accounts, under new Financial Conduct Authority (FCA) rules.
03 October 2013
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