148 articles tagged with this keyword
News/wholesale
Lloyds Banking Group's private equity investor LDC has backed credit risk technology provider LendingMetrics.
08 November 2024
News/markets
The interpretive rule is designed to help ensure US workers know the costs and fees of paycheck advance products.
19 July 2024
News/people
UK high street bank Lloyds Bank is reducing the size of its risk management department because it is seen as a “blocker” to the bank’s “strategic transformation”.
10 April 2024
Hello Alice, a platform connecting small businesses to capital, connections and opportunities, has closed a Series C funding round joined by QED Ventures and Mastercard.
04 April 2024
News/startups
Swedish startup Scayl, a debt financing platform based in Stockholm, has raised €100M to address a lending gap in the fintech sector.
News/retail
Experian has announced it will be the first credit bureau to include Apple’s buy now pay later (BNPL) loan information on consumers’ credit reports.
01 March 2024
Westpac and nCino have led a $28 million funding round in Rich Data Co, an Australian AI decisioning platform for bank business lending.
01 December 2023
Wells Fargo is backing a new $70 million “equitable access fund” from Hello Alice and the Global Entrepreneurship Network (GEN) that will target underserved high-potential but credit-challenged small business owners.
29 June 2023
BNP Paribas and NatWest are going live with technology from CobaltFX that is designed to simplify and streamline the allocation of credit for FX transactions between banks and improve access to liquidity.
31 May 2023
News/regulation
Swedish credit scoring platform Qred is to become Europe's newest bank, having been granted a full banking licence by the country's financial regulator.
25 May 2023
AdalFi, a Pakistan-based fintech providing credit scoring data and lending technology to banks, has raised $7.5 million in Seed funding.
16 February 2023
News/payments
Online payments giant PayPal is unlikely to suffer any significant impact from a customer backlash over a supposed charge for users spreading misinformation, acccording to financial analysts.
14 October 2022
A move by Europe to a one-day settlement cycle (T+1) could bring significant benefits but would face a host of barriers, cautions a paper from Association for Financial Markets in Europe (Afme).
21 September 2022
Alloy, the New York-based company behind an operating system that helps banks and fintechs make better identity and risk decisions, has raised $52 million at a $1.55 billion valuation.
02 September 2022
UK digital bank Starling has turned a £32m profit for the last financial year, marking its first full year of profitability.
21 July 2022
News/inclusion
A Mexican startup has become the latest fintech to gain unicorn status.
18 July 2022
Invoice insurance startup Nimbla has attracted £5.1 million in funding from Silicon Valley's FIN VC with participation from Barclays Bank.
03 November 2021
News/identity
Alloy, the recently named unicorn, has expanded its identity decisioning platform to include credit underwriting, with the intention of building comprehensive views of customers in line with their onboarding and transaction monitoring products.
20 October 2021
Credit Kudos has launched Signal, an Open Banking and machine learning-based credit score that it says enables lenders to increase acceptance of previously declined customers and reduce defaults.
14 October 2021
Sweden's financial watchdog is investigating whether buy-now-pay-later (BNPL) fintech Klarna violated bank secrecy laws following a security breach in May.
05 July 2021
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