Credit referencing and support

870 articles tagged with this keyword

/retail

Finicity unveils verification of income and employment tool for lenders

Finicity, a leading provider of real-time financial data access and insights, announced today the release of its new Verification of Income and Employment (VOIE) solution using patent-pending TXVerify™ technology that will speed up borrower verifications and further advance the industry shift toward a fully digital experience.

/retail

Digital Matrix Systems and ZestFinance ring machine learning to credit scoring

Digital Matrix Systems (DMS), an international risk management firm specializing in support of the entire data management life cycle, including secure access to credit bureaus and data providers, data storage, and analytics, announced a partnership today with ZestFinance, the leader in artificial intelligence (AI) software for credit.

/inclusion

Lazada partners AsiaKredit to extend financing to underbanked Filipinos through e-commerce

Leading digital consumer finance fintech AsiaKredit announced a strategic partnership that will enhance e-commerce payment options for Lazada Philippines customers.

/Credit referencing and support

ClearScore uses blockchain to reduce fraud in credit applications

Leader in Blockchain and Cloud innovation Ocyan has partnered with leading UK FinTech ClearScore to launch RomanAgora, an identity verification (IDV) consortium and data marketplace powered by blockchain technology which will help reduce fraud in credit applications.

/startups

Indonesian digital credit platform Kredivo secures $20m debt line

Jakarta-headquartered Kredivo, the leading digital credit platform for retail borrowers across Indonesia, and Partners for Growth V, L.P. (PFG), a leading venture debt firm in the U.S. and Australia, announced today the closing of a debt line of up to US$20m to fund loans for Kredivo’s borrowers in Indonesia.

/Credit referencing and support

Revolut to open ops centre in Portugal

Challenger Revolut is planning to open a customer service centre in Portugal that will employ 400 people.

/startups

Microlender Tala raises $110m for Indian push

Tala, a California-based outfit that uses customers' mobile phone data to build credit profiles and make lending decisions, has raised $110 million for a push into the Indian market.

/regulation

Israeli Bank Hapoalim selects Wolters Kluwer’s credit risk software

Bank Hapoalim, one of Israel’s largest banks has selected Wolters Kluwer’s OneSumX solution for Risk Management, specifically using the software for managing its credit risk profile.

/wholesale

Lendable hires new CIO and COO

Lendable, Inc., the London, New York, and Nairobi based technology-enabled funding provider to frontier and emerging market non-bank lenders is proud to welcome Hani Ibrahim as the new Chief Investment Officer and Des Denning as the new Chief Operating Officer and Chief Financial Officer. Hani will oversee Lendable’s investment strategy and monitoring, including the deployment and management of Lendable’s latest initiative, the Frontier Credit Fund, while Des will oversee Lendable’s internal operations and finances.

/retail

TransUnion appoints Sam Welch to its UK executive team

TransUnion has appointed Sam Welch to its UK executive team, as he joins the business as part of its global strategy and planning function.

/Credit referencing and support

FinApps hits Envestnet/Yodlee with $100 million lawsuit

Fintech startup Financial Apps is suing former partner Envestnet/Yodlee, claiming that the latter ripped off FinApps' proprietary code to release its own product.

/Credit referencing and support

Capital One data breach leaves 100 million vulnerable

Capital One revealed Monday that 100 million credit card applications had been accessed, resulting in thousands of Social Security and bank account numbers being left at risk.

/security

Equifax shells out $671 million to settle data breach litigation and regulatory probes

Equifax Inc. (NYSE: EFX) today announced a comprehensive resolution of significant U.S. consumer-related litigation and regulatory matters facing the company related to its 2017 cybersecurity incident.

/Credit referencing and support

TransUnion maps consumer data for TrueVision credit reporting

Global information solutions provider TransUnion has announced the launch of TrueVision – a suite of trended data capabilities which can fundamentally transform the way finance providers understand and evaluate their customers.

/ai

Temenos buys Explainable AI firm Logical Glue

Swiss banking software provider Temenos has acquired Logical Glue, a London-based Explainable AI (XAI) specialist with financial services customers in the UK and Europe. Financial terms were not disclosed.

/startups

Experian Ventures invests in German startup bonify

Berlin-based fintech start-up bonify today announced new investments from Experian Ventures, the venture capital arm of Experian plc, and Santander InnoVentures. A number of other investors also participated in the investment round.

/Credit referencing and support

BOX Processing ships Open API based credit processing platform

Following a round of investment BOX Processing launches the markets’ most modern platform for credit processing.

/Credit referencing and support

Starling partners CreditLadder to help renters get on property ladder

Starling, the leading digital bank, has partnered with CreditLadder, the UK’s largest rent recognition platform, in a move that will help thousands of Starling customers improve their credit score and get on to the property ladder.

/Credit referencing and support

NatWest rolls out digital working capital product

British bank NatWest is piloting a digital working capital product that offers a credit limit based on business customers' unpaid invoices.

/Credit referencing and support

OakNorth wins tech deal with NIBC Bank

OakNorth has signed a five-year deal with Dutch lender NIBC Bank in the first publicised sale by the British lender of its credit decisioning platform.