Credit referencing and support

882 articles tagged with this keyword

/Credit referencing and support

Aryza releases product to automate credit limit increases

Aryza, experts in the development of flexible financial software solutions, has announced enhanced functionality for its Debtsense customers.

/inclusion

Barclays joins $7m seed round for credit-building card TomoCredit

TomoCredit, the US startup behind a credit card designed to help first-time borrowers build credit history, has raised $7 million in a seed funding round joined by Barclays.

/startups

Trade Ledger secures £13.5m investment

Lending-as-a-Service platform Trade Ledger has raised £13.5 million in a Series A funding round led by Point72 Ventures and joined by Foundation Capital, Court Lorenzini, and Hambro Perks.

/retail

LexisNexis launches alternative credit scores

LexisNexis Risk Solutions today unveiled LexisNexis RiskView Optics and RiskView Spectrum, two alternative credit scores supported by a comprehensive view of consumer credit risk culminating from years of innovation and research.

/retail

Equifax acquires Open Banking partner AccountScore

Equifax has acquired long-term Open Banking partner AccountScore, in a deal that will see the combination of traditional credit bureau information held by Equifax with bank transaction data.

/inclusion

Neo bank Tonik strikes a partnership with alternative credit scoring company FinScore

Tonik, the first neobank in the Philippines operating under its own bank license by the Bangko Sentral ng Pilipinas (BSP) strikes a partnership with FinScore, the Philippines-based Alternative Credit Scoring company.

/sustainable

Elastacloud runs hackathon to devise sustainable finance solutions

The first Sustainable Finance hackathon run by data science specialists Elastacloud in association with Finextra and Responsible Risk, took place on 16 and 17 January bringing together 38 professionals from the finance and technology sectors.

/cloud

Jack Henry introduces digital consumer lending

Jack Henry & Associates, Inc. (NASDAQ: JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry.

/retail

Old National Bank picks OakNorth Credit Intelligence Suite

OakNorth, the creator of the ON Credit Intelligence Suite, today announces that it has entered a long-term partnership with Old National Bank.

/startups

Verofax wins Bahrain Islamic Bank's 'BisB Innovation Challenge'

Bahrain Islamic Bank (BisB), a leading Bank in the Arab Gulf region, has announced Verofax as winner of the 'BisB Innovation Challenge', a Fintech Competition run as part of the Bank's partnership with 'FinHub 973: CBB (Central Bank of Bahrain) Digital Lab', the Kingdom's open application programming interface (API) innovation platform.

/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.

/retail

TransUnion forms credit partnership with Souith African fintech Fincheck

Global information and insights company, TransUnion, has partnered with South Africa’s biggest financial marketplace, Fincheck, to make the credit application process easier and less frustrating for consumers.

/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.

/regulation

Synchrony wins approval for dual usage credit card

The Consumer Financial Protection Bureau (Bureau) issued a compliance assistance sandbox (CAS) approval order to Synchrony regarding their proposal to develop a “dual-feature credit card.”

/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.

/Credit referencing and support

Admiral ties up with Credit Kudos for Open Banking data exchange

Admiral Financial Services Limited (AFSL), part of FTSE 100 company Admiral Group, has selected challenger credit reference agency Credit Kudos to provide Open Banking data to initially help with income verification in a bid to support consumers across its personal loan products.

/retail

Provenir partners FinScore on smart credit decisioning in the Philippines

Provenir, a leader in risk decisioning and data analytics software, today announced a new data integration partnership with FinScore, an alternative credit scoring company in the Philippines that uses proprietary AI and Machine Learning technology in its predictive models to help financial institutions reduce defaults, increase approval rates, and combat fraud.

/retail

NAB picks Rich Data Corp AI prediction and decisioning capability software

Rich Data Corporation has signed an agreement with the National Australia Bank (NAB) to use Rich Data Corp’s AI prediction and decisioning capability software, Delta.

/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.