Credit referencing and support

890 articles tagged with this keyword

/people

Zolve adds Kin Chung to leadership team

Zolve, a global neobank providing cross-border financial services, today announced the appointment of Kin Chung to its leadership team in the United States.

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Validis partners Aryza to power open finance for UK SME business lenders

Aryza, expert developers of software solutions for the sectors of insolvency, credit and debt recovery, has today announced a partnership with Validis, a market leading open accounting platform, to develop an open finance solution that will help business lenders obtain better quality financial data from their customers.

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HSBC invests in customer intelligence and risk assessment firm Bizbaz

HSBC Asset Management has led a $4 million seed funding round for Bizbaz, a Singapore-based startup using non-traditional data to help financial firms assess credit risk.

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Uplinq adds former Scotiabank chief risk officer to advisory board

Uplinq Financial Technologies – the first global credit assessment and scoring platform for SMB lenders – today announced the addition of Daniel Moore to its advisory board, where he will help guide Uplinq’s strategic direction.

/Credit referencing and support

VeraScore unveils credit monitoring model focused on equality

VeraScore, an innovative AI platform for measuring consumers’ financial health, is introducing a SaaS-based model that will allow lenders to more accurately and fairly extend credit. T

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HSBC invests $10m in Nova Credit

HSBC has invested $10 million in Nova Credit as part of a wider partnership giving the bank global access to the startup's cross-border credit data product.

/wholesale

Redwood signs for Jaywing commercial real estate credit scoring software

Established Jaywing client and specialist lender, Redwood Bank, will use Echelon, Jaywing's SAAS risk technology framework, to process credit applications and apply consistent credit scoring approaches to businesses applying for loans.

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Fintech lending boosts credit access for US small businesses

The use of alternative data sources and machine learning to assess the credit quality of applicants gives US fintechs an advantage over banks when it comes to small business lending, according to a paper from the Bank for International Settlements.

/retail

Codat partners nCino to help banks underwrite small business loans

Codat, the universal API for small business data, today announced a partnership with nCino (NASDAQ: NCNO), the worldwide leader in cloud banking, to automate and accelerate banks' ability to underwrite small business loans around the world.

/regulation

FTC fines Credit Karma $3m over false 'pre-approved' offers

Credit Karma has been fined $3 million by the Federal Trade Commission for "tricking" Americans with allegedly false "pre-approved" credit offers.

/retail

Alloy raises $52m for global expansion

Alloy, the New York-based company behind an operating system that helps banks and fintechs make better identity and risk decisions, has raised $52 million at a $1.55 billion valuation.

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Tink introduces affordability verification product

Europe’s leading open banking platform, Tink, has today announced the launch of its new product Expense Check, designed to simplify and streamline the customer affordability verification process for lenders.

/startups

Spectral raises $23 million for Web3 credit crosing model

We’re excited to announce that we’ve closed a $23 million round led by General Catalyst and SocialCapital. Samsung Next, Gradient Ventures, Section 32, Franklin Templeton Investment, Shrug Capital, Circle, Jump Crypto and others participated.

/startups

GCV leads £695,000 investment round into Finexos

Growth Capital Ventures has led a £695,000 investment round into Finexos, a fintech platform set to improve access to credit for millions of people around the world.

/retail

Alliant Credit Union partners Upstart on AI-powered personal loans

Alliant Credit Union, a fully digital, top 10 credit union in the U.S. with more than 650,000 members and over $15 billion in assets, today announced it has partnered with Upstart (NASDAQ: UPST), a leading artificial intelligence (AI) lending marketplace, to offer AI-powered personal loans nationwide.

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Trustfolio partners with Equifax to offer debt advisers instant access to bank transaction data

Trustfolio Ltd, the ‘debt-tech’ collective behind the Debt Adviser Support Portal and other digital tools for creditors and third parties designed to ‘enable better debt solutions’, has partnered with Equifax to launch a new feature powered by Open Banking.

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Equifax coding issue leads to inaccurate credit scores

Equifax says a "coding issue" is to blame for it providing inaccurate credit scores for millions of Americans.

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Lokyata boosts platform to help lenders modernise decision automation

Lokyata, a company focused on delivering products that digitize, automate, and scale lenders’ credit decisions, has released a number of platform enhancements to help lenders further automate loan decisioning to save time, minimize manual work, standardize processes, and improve underwriting performance.

/retail

Crif introduces open banking-led consumer credit scoring to UK

Europe’s leading provider of credit information, CRIF, has expanded its open banking-powered consumer credit solution to the UK, helping more people access affordable, responsible credit during the current economic climate.

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Morgan Stanley and Mastercard back credit-building startup TomoCredit

TomoCredit, the US startup behind a credit card designed to help first-time borrowers build credit history, has raised $22 million in a Series B funding round joined by Morgan Stanley's Next Level Fund and Mastercard.