Credit referencing and support

918 articles tagged with this keyword

/inclusion

Experian opens Singapore incubator

Experian, the world leader in information services, is further expanding and investing in its innovation facility, Experian X Labs based in Singapore.

/inclusion

Crif High Mark and CreditVidya partner to assign scores to thin file customers

CRIF High Mark, a leading credit bureau licensed by the RBI, and CreditVidya, the leader in alternative data-based credit assessment, announced a strategic tie-up to provide lenders with credit scoring even for new-to-credit and ‘thin-file’ customers.

/Credit referencing and support

Kontomatik ready to operate in 11 EU countries as an AISP

The Bank of Lithuania granted a license to Kontomatik UAB to provide AIS services in 10 countries without the need to open local branches.

/Credit referencing and support

Evergreen Finance selects Fico to automate lending decisions

Evergreen Finance London Ltd, a leading UK fintech that operates as MoneyBoat.co.uk, have recently selected FICO technology and analytics to automate lending decisions.

/retail

Quint gets revolving credit facility from Natwest

North West headquartered Quint Group, a leading international, highly innovative fintech group operating in the consumer finance market, has secured a £16.5m financing deal from Natwest Bank.

/ai

UOB applies AI to transactional data to speed up loan approvals for SMEs

United Overseas Bank is to run small business trading data from companies transacting over B2B e-commerce platform OctoRocket through an AI-based credit assessment tool to speed up the loan approval process.

/regulation

Experian abandons proposed takeover of ClearScore

Experian has canned its proposed £275 million acquisition of rival credit referencing firm ClearScore in the wake of resistance to the deal from competition regulators.

/startups

DivideBuy scores £60 million in debt and equity financing

The UK’s leading interest-free-only credit partner, DivideBuy has secured over £60m of equity investment and debt financing from prominent private equity investors and UK banks.

/startups

South African challenger Sasfin invests in Payabill

South African challenger bank Sasfin has moved to boost its SME business by buying a stake in local digital lending startup Payabill.

/inclusion

UN report dismisses fintech sandboxes in developing economies

The rise of fintech has the potential to extend the benefits of financial inclusion to millions of people but also poses complex regulatory challenges, says a new UN-backed report which also questions the value of the increasingly popular sandbox approach.

/Credit referencing and support

Aire and Experian forge reseller agreement

Aire, which aims to make credit fairer for consumers, and more valuable to lenders, has entered into a reseller agreement with Experian.

/Credit referencing and support

Unicaja Banco joins Fintonic’s consumer loans platform

Banco and the personal finance platform Fintonic, the first app in Spanish to organize personal finances, with over 500,000 users, have entered into a collaboration agreement to offer the bank’s consumer loans in an easy and agile manner, at any time and following a personalized process, within its goal of providing the best experience to customers.

/startups

Goldman Sachs leads $45m funding round for business credit startup Nav

Nav, a business financial management app that helps small firms get better financing by giving them free access to credit reports, has raised $44.8 million in a Series C funding round led by Goldman Sachs and joined by Experian Ventures.

/Credit referencing and support

Experian joins $11m funding round for credit scoring startup Aire

Aire, a fintech startup bidding to make credit "fairer" for consumers, has raised $11 million in a Series B funding round led by Crane Venture Partners and joined by Orange Digital Ventures and the venture arm of Experian.

/Credit referencing and support

The ID Co taps Open Banking for real-time lending decisions platform

Scottish based FinTech The ID Co. has today announced the launch of DirectID Insights.

/Credit referencing and support

Petal raises $30m for credit card aimed at unbanked

Petal, a US credit card startup that is ditching traditional credit scores in an effort to sign up young people and the underbanked, has closed a $30 million Series B funding round led by Peter Thiel's Valar Ventures.

/ai

ZestFinance ports AI credit tool to Microsoft Cloud

Today, ZestFinance announced a strategic collaboration with Microsoft to deploy Zest's machine learning (ML) software tools directly on Microsoft Azure and Machine Learning Server platforms to deliver the first fully explainable artificial intelligence (AI) solution for highly regulated industries, starting with the financial sector.

/Credit referencing and support

TransUnion UK appoints Satrajit Saha as new CEO

Leading credit reference agency and information solutions provider TransUnion (formerly Callcredit), has announced today the appointment of Satrajit “Satty” Saha as its new chief executive officer.

/retail

KeyBank buys Laurel Road digital lending biz

KeyBank National Association today announced that KeyBank and Laurel Road Bank have entered into a definitive agreement for the acquisition by Key of Laurel Road's digital lending business; Laurel Road's three bank branches located in southeast Connecticut are not part of this transaction.

/retail

Banker’s Toolbox rebrands as Abrigo

Banker’s Toolbox, which acquired MainStreet Technologies (MST) and Sageworks in 2018, announced today that it is now Abrigo.