Credit referencing and support

311 articles tagged with this keyword

/startups

X1 raises $12m for smart credit card

X1, the startup behind a "smart" credit card, has raised $12 million in a funding round led by Spark Capital.

/payments

Buy now, regret later? Brits face £2.3bn bill for Christmas shopping

A quarter of Brits used buy now, pay later services to fund Christmas shopping, setting up a £2.3 billion bill, according to Credit Karma.

/startups

Credit building startup Self raises $40m

Self Financial, a fintech startup promising to help Americans build their credit while also saving money, has raised $40 million in a Series D funding round led by Meritech Capital.

/startups

Updraft raises £16m to help Brits break up with their credit cards

Updraft, a London-based startup promising to help users ditch their credit cards, has raised £16 million in equity and debt.

/retail

NatWest tests 'Housemate' app for shared living expenses

NatWest is piloting a new app for renters to share bills with flatmates and help boost their credit scores.

/retail

Experian lets Brits use Netflix subscriptions to boost credit scores

Experian is tapping Open Banking to help Brits instantly improve their credit scores by using their council tax and Netflix and Spotify subscription payments.

/regulation

Privacy watchdog takes enforcement action against Experian over data sharing

Credit referencing agency Experian has been ordered to make fundamental changes to how it handles people’s personal data after an investigation into its data broking activities by the Information Commissioner's Office uncovered serious breaches of privacy laws.

/startups

Possible Finance raises $11m over Zoom; makes remote working permanent

Possible Finance, a Seattle-based digital short-term lender for people with poor credit, has been adjusting to the Covid-29 economy, raising $11 million in funding via Zoom calls and making the long-term switch to remote working.

/cloud

Curve taps Thought Machine for new credit product

Card consolidation app firm Curve has picked cloud-native core banking vendor Thought Machine to power a new credit and loan offering.

/retail

CBA integrates Credit Savvy into app

With Aussies increasingly checking their credit scores during the Covid-19 pandemic, Commonwealth Bank of Australia has integrated services from Credit Savvy directly into its app.

/inclusion

Petal launches credit card for people with poor credit

US fintech startup Petal has unveiled a credit card designed for people with non-prime credit scores in the wake of the Covid-19 crisis.

/retail

Harvest launches index to build dynamic financial scores

US fintech startup Harvest is aiming to overturn the traditional credit scoring system, utilising AI and machine learning to provide a dynamic view of a person's financial wellness throughout the lifetime of a loan.

/payments

Petal raises $55m for credit card targeting underbanked

Petal, a US credit card startup that is ditching traditional credit scores in an effort to sign up young people and the underbanked, has closed a $55 million Series C funding round led by Valar Ventures.

/covid-19

German fintech Monedo files for bankruptcy

A German fintech once backed by PayPal investor Peter Thiel, has filed for bankruptcy after failing to recover from the economic effects of the Coronavirus pandemic.

/payments

Icici applies satellite imaging to rural credit scoring

India's Icici Bank is using satellite imaging to assess the creditworthiness of farmers applying for loans.

/retail

GBG leads $7 million investment in alternative scoring specialist CredoLab

Identity data specialist GBG has led a $7 million funding round in Singapore's CredoLab.

/security

Experian handed over the details of 24 million SA consumers to a fraudster

Credit brueau Experian has suffered a data breach that exposed the personal details of 24 million South African consumers and almost 800,000 businesses.

/retail

Standard Chartered partners Truera to combat bias in AI

Standard Chartered is teaming up with US outfit Truera to help tackle unjust bias in AI-assisted decision making.

/retail

Tink acquires credit decisioning provider Instantor

Swedish open banking platform Tink has acquired Instantor, a provider of credit decisions software used by more than 150 live customers, including banks and fintechs across 13 European markets.

/payments

Karat launches credit card for streamers and influencers

A fintech startup targeting creators on digital platforms like YouTube and Twitch has launched its first product, a card that links customers' credit to their social media numbers.