Credit referencing and support

882 articles tagged with this keyword

/payments

TransUnion and receeve join forces to improve collections services

TransUnion, a global information and insights company, and receeve, an all-in-one platform for collections and recovery, proudly announce a strategic partnership to deliver increased collections autonomy and profitability through AI-powered insights and strategy optimisation, all seamlessly integrated into the receeve platform.

/retail

Mastercard taps open banking for streamlined lending

Mastercard has boosted its open banking programme, making it easier for Americans to secure loans by streamlining income and employment verification processes.

/retail

US fintech Octane raises $50m

Octane, a fintech focussed on enabling "major recreational purchases", has raised $50 million in a Series E funding round.

/cloud

Shawbrook picks nCino to help automate loan origination processes

nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, announced that Shawbrook has chosen nCino to help automate its loan origination processes, while expanding portfolio management capabilities through nCino’s cloud-based platform.

/retail

Nova Credit Limited exits Hong Kong

The Hong Kong Monetary Authority (HKMA) has been informed by the Hong Kong Association of Banks, the Hong Kong Association of Restricted License Banks and Deposit-taking Companies, and the Hong Kong S.A.R. Licensed Money Lenders Association Limited (collectively as the Industry Associations) that one of the consumer credit reference agencies under Credit Data Smart, namely Nova Credit Limited (Nova) had decided to cease its operations and exit Credit Data Smart due to its own circumstances.

/wholesale

Numerated partners Validis

Numerated, a leading fintech providing modular commercial lending solutions, is excited to announce a strategic partnership with on-demand accounting data provider Validis.

/people

Nova Credit adds Credit Karma co-founder Nichole Mustard to board

Nova Credit, the credit infrastructure and analytics company that enables businesses to grow responsibly with alternative credit data, has today announced the appointment of Nichole Mustard, co-founder and former Chief Revenue Officer of Credit Karma, to its board of directors.

/retail

GDS Link to use open banking data from Atto to improve credit decisioning

GDS Link, a leading player in credit risk management, is pleased to announce a partnership with the open banking provider, Atto.

/payments

Home equity-backed credit card provider Aven joins unicorn club

California-based Aven has raised $142 million to bring its home equity-backed credit card to homeowners across the US.

/startups

Estonian fintech Mifundo picks up €2.5 million grant from European Innovation Council

Innovative Estonian fintech company Mifundo has secured €2.5M grant funding plus investment from the prestigious European Innovation Council (EIC) Accelerator program, making it the first fintech company ever to receive full funding from this initiative.

/retail

Stratyfy and Prism Data team up

Stratyfy, a women-led fintech confronting bias in AI and optimizing credit risk decisions with transparent machine learning solutions, today announced its strategic partnership with Prism Data, a leading cash flow underwriting and data analytics platform.

/retail

Ten million customers register for Lloyds' free credit scoring service

Your Credit Score, Lloyds Bank’s free credit checking service, now has 10 million registered customers.

/ai

AI, the Mechanism for Anticipating Customer Needs

Join FinextraTV at the Temenos Community Forum 2024 as Arun Thallapelly, Global Head of BSG, Temenos and Tielman Walters, Chief Technology Officer, Barko survey how digital innovation is helping banks make key connections with customers. Considering the wealth, facets and magnitudes of data available to financial institutions, the discussion taps into how effectively leveraging this data could provide banks with a detailed picture of how a customer currently behaves and would behave in the future. Organisations now need to anticipate needs in a much more effective way and AI is the tool to utilise to achieve this. AI can help precisely understand what the next step of the user journey will be and in turn, products and usability can be enhanced.

/people

Rupert MacInnes, former compliance lead at Capital One, joins board of Salad Money

Salad Money, a social enterprise launched in 2019 to provide an alternative to high-cost lending to people with full-time jobs who have poor, thin, or non-existent credit scores, has appointed Rupert MacInnes, formerly head of legal, compliance and external affairs at Capital One to its Board as a non-executive director.

/retail

Virgin Money extends relationship with Experian

Experian and Virgin Money today announced a strategic partnership to enhance Virgin Money’s digital customer experience by leveraging its suite of cloud-based technology.

/ai

Machine learning startup Innzpira launches in the UK

Innzpira, a pioneering company in Predictive Psychology© and machine learning, announces a solution designed to revolutionise how banks and financial institutions assess client risk aversion. This innovative approach enables financial entities to offer tailored products that align perfectly with the comfort levels and preferences of their clients, enhancing customer satisfaction and financial outcomes. Innzpira showcased this cutting-edge technology at London Tech Week 2024.

/retail

3Rivers Federal Credit Union implements MeridianLink tech

MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, today announced 3Rivers Federal Credit Union (3Rivers FCU) successfully implemented MeridianLink Access and MeridianLink Opening to streamline its lending and account opening processes.

/inclusion

RBC partners Nova Credit to help immigrants bring their credit history with them

Royal Bank of Canada has enlisted Nova Credit to help migrants leverage their international credit history when they arrive in the country.

/regulation

CFPB moves to ban medical bills from credit reports

The Consumer Financial Protection Bureau (CFPB) has set out plans to remove medical bills from most credit reports

/identity

UK home to 3m 'Frankenstein identities, posing multi-billion pound threat

The UK is home to nearly three million "Frankenstein" identities stitched together by fraudsters out of real and made up personal details, according to researchers who warn of a potential multi-billion pound hit to the economy.