Credit referencing and support

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/Credit referencing and support

Cashplus applies for £10 million from BCR Pool C funding

Cashplus, the leading UK challenger to banks, today announced that it will apply for a £10m award from the Banking Competition Remedies (BCR) Capability and Innovation Fund (CIF).

/Credit referencing and support

Equifax moves to new City office

Equifax, the consumer and business insights expert, has today moved offices to 1 Angel Court, Bank, at the heart of the City of London.

/inclusion

JPMorgan Chase pledges $125m to fintech-focused financial health initiatives

JPMorgan Chase will give $125 million over the next five years to non-profits working around the world to improve the financial health of underserved communities, focusing on the use of fintech tools to help people save, boost their credit and reduce debt.

/Credit referencing and support

Hastings Direct selects Equifax as long term data partner

Hastings Direct, the technology driven insurance provider, has extended its relationship with Equifax, the consumer and business insights expert, in a multi-year deal.

/retail

First National Bank selects ProfitStars commercial lending platform

Jack Henry & Associates, Inc. (NASDAQ:JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Its ProfitStars® division announced today that Damariscotta, Maine-based First National Bank has selected its Commercial Lending Center Suite™ to streamline processes and boost efficiencies with a more sophisticated approach to commercial lending.

/retail

Lowell opens Amsterdam data science centre

Lowell has cemented its commitment to industry-leading, advanced analytics with the launch of Lowell Labs.

/startups

Credit Kudos raises £2.2 million

Challenger credit bureau Credit Kudos has raised £2.2m in a funding round led by Ascension Ventures.

/Credit referencing and support

TransUnion completes sale of Noddle to Credit Karma

We have announced today that we have completed the sale of Noddle, the free-for-life credit reporting and monitoring service, to Credit Karma, following approval from the Financial Conduct Authority (FCA).

/Credit referencing and support

Credit checking agency ClearScore joins forces with savings marketplace Raisin

The leading online savings platform Raisin UK has announced a new partnership with ClearScore, the UK’s number one credit checking service.

/Credit referencing and support

The ID Co. ships income verification tool

Global FinTech, The ID Co. has today announced the launch of its pioneering Income Verification solution.

/retail

AI-powered lender Upstart raises $50m

Upstart, a US AI-powered online lender founded by a gaggle of former Googlers, has raised $50 million in a Series D funding round and inked partnerships with several banks.

/inclusion

Visa backs Branch for mobile-based lending in developing markets

Branch International, a San Francisco-based startup that uses mobile phones to offer loans to people without bank accounts in developing countries, has closed a $170 million Series C funding round led by Foundation Capital and Visa, which is also backing the firm through a strategic partnership.

/Credit referencing and support

South Africa's TymeBank picks Finn AI for digital financial fitness coach

South African digital lender TymeBank has enlisted the help of artificial intelligence-powered conversational banking technology provider Finn AI to build a financial fitness coach called Max.

/ai

Fico and Equifax team up to sell data to banks

To increase velocity for deploying predictive models, Fico and Equifax are introducing the Data Decisions Cloud.

/Credit referencing and support

Monevo launches personal loan API

Monevo, Europe’s largest personal loan market place and platform, has launched Credit Staq for the UK market; a cutting-edge tech solution which gives consumers access to a comparison of pre-approved lending options from across the whole market.

/retail

Credit scoring outfit Kontomatik enters Southeast Asian market

Kontomatik starts operating in the Philippines and Indonesia, with further expansion plans in the SEA region, as the first Polish company delivering new data source for alternative credit scoring based on financial transaction data to consumer finance and micro-lending companies in SEA.

/inclusion

Money 20/20 Asia: Leveraging data to provide the unbanked with credit

Money 20/20 Asia day three opened with a detailed discussion on reaching the unbanked in South East Asia, following an age in which financial inclusion has been driven by regulatory and policy mandates. Today, the ‘financial inclusion market’ is leveraging data analytics to offer a greater choice for consumers and expand in areas that financial institutions previously avoided because of increased paperwork.

/Credit referencing and support

Nationwide and CreditLadder combine to help renters become homeowners

Nationwide Building Society is teaming up with rent reporting platform CreditLadder to help tenants investigate whether they can become homeowners.

/retail

New data sources could boost UK financial inclusion by 1.5m - Experian

Experian has targeted radically reducing the UK’s ‘Invisible’ population by harnessing the potential of new data sources, which can help organisations make more informed decisions.

/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.