Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Baidu partners ZestFinance to turn search data into credit scores

Chinese web giant Baidu has made an investment in ZestFinance, a US fintech startup using machine learning to overhaul the credit scoring business. The size of the deal has not been disclosed.

18 July 2016

Company update/Credit referencing and support

Bob Finance adopts Jumio's Netverify

Jumio, the leading digital ID verification company today announced innovative Swiss financial services company bob Finance has selected Jumio’s Netfverify™ to deliver accurate and secure credit checks.

01 July 2016

Company update/Credit referencing and support

Oracle launches cloud-based debt collection suite

Financial institutions looking to recoup delinquent accounts while maintaining a positive association with their brands have a powerful new tool: Oracle Banking Collections.

28 June 2016

News/Credit referencing and support

NAB accused of 'spying' on customers who move business to rival banks

National Australia Bank has been accused of 'spying' on business customers who apply to rival banks for new financing.

20 June 2016

Company update/Credit referencing and support

ClearScore debuts new credit scoring tool

The UK’s completely free credit scoring service, ClearScore, today launches ‘Timeline’, a unique new tool giving people a ‘big picture’ view of their money.

08 June 2016

News/Credit referencing and support

India sets focus on fintech market

India's central bank is to set up a committee to explore the potential for the country's fintech market which is predicted to double in worth to $2.4bn in the next four years.

08 June 2016

News/Credit referencing and support

Ormsby Street partners Deutsche Bank to launch credit checking tool in Germany

British startup Ormsby Street has launched its small business credit-checking tool in Germany through a partnership with Deutsche Bank.

26 May 2016

Company update/Credit referencing and support

Discover First to offer Fico credit scores for free

Starting today, everyone can check their Fico Credit Score for free by using Discover’s new Credit Scorecard, including those who are not Discover customers. In addition to providing the credit score that 90 percent of top lenders use, Credit Scorecard provides a summary of the data that determines an individual’s Fico Score.

20 May 2016

News/Credit referencing and support

Indian online lender Capital Float raises $25m

Capital Float, India's largest online lending platform, has raised $25 million in a Series B funding round led by Creation Investments Capital Management.

12 May 2016

News/Credit referencing and support

Japan's SBI Holdings looks to raise $275m for fintech fund

Japanese financial conglomerate SBI Holdings has set its stall out as a central player in the fintech ecosystem, promising to aggressively adopt new technology and build a network of startups through a $275 million venture fund.

12 May 2016

News/Credit referencing and support

US Treasury calls for online lending oversight

In a week in which the sector has been rocked by the Lending Club scandal, online marketplaces have been warned in a new report from the US Treasury that they need to be more transparent and should, in some cases, face greater regulatory oversight.

11 May 2016

Company update/Credit referencing and support

Affirm appoints eBay executive Carl Gish as CMO

Affirm today announced it has hired eBay Vice President Carl Gish to be its first Chief Marketing Officer (CMO).

04 May 2016

Company update/Credit referencing and support

Fico extends partnership with HPE

Analytics software firm Fico today announced an extended partnership with Hewlett Packard Enterprise (HPE) to deliver real-time decision management solutions. As a Fico Platinum Partner, HPE will engage with Fico in joint sales, service and support, delivering analytics and decision management, fraud management, originations, customer management and collections and recovery solutions in financial services, healthcare, public sector and automotive markets worldwide.

26 April 2016

Company update/Credit referencing and support

Fico appoints Silicon Valley IT veteran Claus Moldt as CIO

Fico, the analytics software company, has announced the appointment of Claus Moldt as chief information officer (CIO).

14 April 2016

Company update/Credit referencing and support

Fico introduces 'what if?' simulations for credit scoring outcomes

Analytics software firm FICO (FICO) has introduced an enhanced FICO Score Simulator on myFICO.com, enabling consumers to experiment with dozens of "what if" simulations to understand how such actions could affect their FICO® Scores.

13 April 2016

Company update/Credit referencing and support

Bigbank enlists Provenir for credit and loan processing overhaul

Provenir, provider of risk analytics and decisioning solutions, today announces that Bigbank has chosen the Provenir solution to overhaul its processing of credit and loans.

11 April 2016

News/Credit referencing and support

Branch raises $9.2m to bring mobile-based lending to developing markets

Branch, a startup promising to bring lending to people in developing nations by using data stored on their mobile phones to make credit decisions, has raised $9.2 million in a Series A funding round led by Andreessen Horowitz.

31 March 2016

Company update/Credit referencing and support

Denali Federal Credit Union selects Baker Hill software for new commercial lending division

Baker Hill, a leading provider of SaaS solutions for common loan origination, relationship management and smart data analytics, announced today that Anchorage, Alaska-based Denali Federal Credit Union has selected its Bank2Business® origination solution paired with Statement Analyzer, a sophisticated financial analysis tool, to expand its business lending capabilities.

30 March 2016

Company update/Credit referencing and support

Lenny money lending app goes live

Lenny today announces the nationwide launch of its new money lending app with peer-to-peer payment capabilities. The platform provides credit lines to millennials, all while helping them build healthy credit scores.

16 March 2016

Company update/Credit referencing and support

Capital One launches credit rating app

To help more Americans take control of their financial well-being, Capital One® is unveiling CreditWise – a free and easy to use mobile app and website that enables more consumers to easily see and understand their credit profile, track it and learn how to improve it.

11 March 2016