339 articles tagged with this keyword
News/payments
The UK's costs of living crisis is leading to a massive uplift in consumers checking their credit score, according to Lloyds bank.
01 June 2022
News/startups
Credit building startup Altro has raised $18 million with support from Jay-Z and Citi Ventures.
17 May 2022
Klarna is to begin reporting consumer use of its buy now, pay later products to UK credit reference agencies, enabling users to build a positive credit history and protect them from building up multiple lines of credit.
04 May 2022
Experian is to debut a buy now, pay later credit bureau this spring, providing US lenders with real-time data on customer spending and loan repayments without impacting credit scores.
26 April 2022
Pillar, a fintech startup founded by Revolut alumni Ashutosh Bhatt and CTO, Adam Lewis, has raised €15.6 million to provide recently arrived immigrants to the UK with lending products.
21 April 2022
News/retail
UK specialist lender Shawbrook Bank is using Open Banking technology from ClearScore to assess the creditworthiness of potential customers and offering a discount on loans for those who share their data.
19 April 2022
News/regulation
The Consumer Financial Protection Bureau has branded TransUnion as an "out-of-control repeat offender that believes it is above the law", after the credit reporting agency violated an order to stop from engaging in deceptive marketing practices.
13 April 2022
Nova Credit, a US fintech startup that unlocks credit histories for immigrants, has launched in the UK.
12 April 2022
Meeting concerns over affordability checks in buy now, pay later loans, the UK's Zilch has partnered with Experian to begin reciprocal reporting of credit data.
07 April 2022
News/predictions
Apple is working to bring a host of financial services work, including payments processing, in-house to reduce its reliance on outside fintech partners, according to Bloomberg.
31 March 2022
Apple has reportedly acquired UK credit bureau Credit Kudos, which uses open banking technology to deliver finely-tuned credit scores.
23 March 2022
News/security
Hackers are demanding a $15 million payment for the return of 54 million customer records stolen form a server operated by credit bureau TransUnion in South Africa.
21 March 2022
UK-based gig-economy app SteadyPay has closed a $5 million Series A funding round led by Digital Horizon.
07 March 2022
Tillful, a business credit platform for SMEs, has teamed up with Highnote and Mastercard to launch a credit card.
09 February 2022
Fintern, a UK startup aiming to shake up the market for low-value consumers loans with technology that bypasses credit scores in making lending decisions, has secured £8 million of capital in its latest funding round.
News/cloud
UK specialist lender Shawbrook Bank says it is generating personal loan rates five times quicker since rolling out an in-house built AI-enabled pricing environment.
01 February 2022
Mastercard is to commit $5 million to support the creation of a Center for Applied Data Science and Analytics (Cadsa) at Howard University, focused on addressing racial bias in AI-driven credit approval processes.
26 January 2022
Visa has formed a strategic relationship with AI fintech Pagaya to enable its merchant and issuing bank partners to expand access to credit.
25 January 2022
A quarter of UK lenders now use Open Banking technology, with half of those that don't planning to do so in the future, according to research from Credit Kudos.
10 December 2021
American Express has teamed up with Nova Credit to enable more newcomers to the US to use their home-country credit history to apply for its cards.
07 December 2021
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