Credit referencing and support

1017 articles tagged with this keyword

/retail

Bank Islam works with Experian and Mambu to build new digital bank

Bank Islam Malaysia Berhad (“Bank Islam”) is charging ahead as a value-based intermediary to create a platform-based solution so more people can have access to Shariah-compliant products which are based on risk-sharing and fairness.

/startups

Fintern taps AI and Open Banking to enter consumer loans market

Fintern, a UK-based fintech startup, is aiming to shake up the market for low-value consumers loans with the launch of credit technology that bypasses credit scores in making lending decisions, focusing instead on affordability.

/regulation

Ant tussles with Beijing on sharing customer data - FT

Ant Group is resisting pressure from China's government to hand over more customer data to the country's central bank, according to the Financial Times.

/inclusion

Stori raises $32.5m to bring credit cards to Mexico's middle class

Mexican fintech Stori has raised $32.5 million in a Series B funding round to bring credit cards to the country's middles class.

/inclusion

Varo Bank unveils credit building card programme

Varo Bank, the first all-digital nationally chartered bank in the US, today introduced the Varo Believe Program, an innovative credit building product that includes a Visa credit card and credit monitoring.

/retail

Fintechs Blue Motor Finance and Credit Kudos partner for Open Banking insights

Fintech lender, Blue, has announced a new partnership with challenger credit reference agency and Open Banking provider, Credit Kudos, to extend its services to even more customers.

/startups

Petal gets $125m debt facility

Petal, a new kind of credit card company created to help people build credit and spend responsibly, today announced that it has closed a new committed debt facility –totaling more than $125 million– that will enable the company to expand and support the fast-growing Petal credit card program.

/inclusion

Nationwide launches startup challenge to tackle poverty premium

Nationwide Building Society has launched a start-up challenge, calling for ideas to help tackle the so-called poverty premium, which sees poor people pay more for essential services.

/retail

Northern Hills Federal Credit Union selects Scienaptic’s credit decisioning platform

AI-powered credit decision platform provider Scienaptic AI announced the deployment of its platform at Northern Hills Federal Credit Union.

/inclusion

Financial health startup SeedFi raises $65m

SeedFi, a startup promising to help Americans build their credit and savings, has raised $15 million in equity and $50 million in debt.

/wholesale

ANZ NZ taps Bud for Open Banking implementation

New Zealand's biggest bank, ANZ NZ will utilise Open Banking technology from the UK's Bud to improve the loan approval process for business customers.

/security

Tinkoff applies encryption tech from oneFactor to protect client data in AI credit scoring module

Tinkoff, one of Europe’s largest and most innovative digital banks, has began using an AI-powered predictive analytics tools, based on combined data from multiple sources, including telecom operators, Russia’s largest credit bureau and Tinkoff itself.

/retail

Envestnet | Yodlee rolls out credit decisioning tech to Australia and New Zealand

Envestnet | Yodlee (NYSE: ENV), a leading data aggregation and data analytics platform for digital financial services, today announced the launch of its Australia and New Zealand-specific responsible lending product, Envestnet | Yodlee Credit Accelerator.

/retail

Vanquis to refer declined credit card applicants to credit score builder Loqbox

UK credit card provider, Vanquis, part of the Provident Financial Group, will now refer applicants that they can’t immediately offer a credit card to, to credit builder LOQBOX, giving consumers the best chance to build a credit score and eventually be able to access credit.

/payments

Atom signs Open Banking deal with Plaid

Atom Bank has signed a deal with Plaid to introduce Open Banking and payment initiation services to small business customers.

/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.