306 articles tagged with this keyword
News/retail
Experian is tapping Open Banking to help Brits instantly improve their credit scores by using their council tax and Netflix and Spotify subscription payments.
09 November 2020
News/regulation
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.
28 October 2020
News/startups
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.
23 October 2020
News/cloud
Card consolidation app firm Curve has picked cloud-native core banking vendor Thought Machine to power a new credit and loan offering.
19 October 2020
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.
09 October 2020
News/inclusion
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.
08 October 2020
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.
02 October 2020
News/payments
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.
24 September 2020
News/covid-19
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.
14 September 2020
India's Icici Bank is using satellite imaging to assess the creditworthiness of farmers applying for loans.
26 August 2020
Identity data specialist GBG has led a $7 million funding round in Singapore's CredoLab.
20 August 2020
News/security
Credit brueau Experian has suffered a data breach that exposed the personal details of 24 million South African consumers and almost 800,000 businesses.
Standard Chartered is teaming up with US outfit Truera to help tackle unjust bias in AI-assisted decision making.
05 August 2020
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.
16 July 2020
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.
29 June 2020
Visa has built a digital tool that uses AI and proprietary data to help US financial institutions predict credit application fraud.
22 June 2020
Finastra has struck a definitive deal to sell off its Canadian-based Enhancement Services business to Sigma Loyalty Group. Terms of the sale were not disclosed.
18 June 2020
Ricky Knox, CEO and founder of Tandem Bank reflects on Covid-19’s impact on customers financial health and gives FinextraTV his take on shifting attitudes towards credit, pre and post-pandemic.
American fintech Credit Sesame is moving into the Canadian market through the acquisition of challenger bank Stack. Terms of the deal were not disclosed.
16 June 2020
US multi-lender Point-of-Sale financing platform ChargeAfter has secured an investment from the venture capital arm of Japanese financial services giant MUFG.
10 June 2020
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