Credit referencing and support

335 articles tagged with this keyword

/startups

Credit checking startup TotallyMoney agrees £29 million funding round

TotallyMoney, a fintech startup providing consumer credit reports, has agreed £29 million of funding from Elliott Advisors (UK) Limited (Elliott) and existing investors Scottish Equity Partners (SEP).

/Credit referencing and support

LiveLend loan rates go down as borrowers' credit scores go up

A British startup has launched what it claims is the world's first 'dynamic' loan that rewards borrowers with better rates as they improve their credit score.

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CMA finds Experian/ClearScore merger could hamper competition

The UK's anti-trust watchdog has provisionally found that Experian's takeover of ClearScore is likely to weaken competition in the credit reporting sector and have a negative effect on the services offered to customers.

/startups

BBVA-backed startup helps Americans fix inaccurate credit reports

Upturn, a US startup incubated by BBVA, has officially launched, offering a free online tool that simplifies and streamlines the process of disputing inaccuracies on people's credit reports.

/startups

Santander InnoVentures invests in credit scoring and PFM app

Santander's fintech venture capital fund has invested in German credit scoring and personal finance app Bonify. Details were not disclosed.

/payments

The revolution of money is in the hands of the consumer – a Money 20/20 round-up

For the seventh year running, Money 20/20 put on an impressive show in Las Vegas and welcomed thousands of innovators from the fintech and banking industries to learn about disruption and forge business connections.

/payments

DBS launches Facebook Messenger bot for restaurant orders

Singapore-based DBS has begun testing a chatbot that allows customers to order and pay for meals at participating restaurants through Facebook Messenger.

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South Africa's Jumo scores Goldman Sachs investment for Asian expansion

Jumo, an African fintech startup that helps the underbanked get access to financial services such as loans and savings products, has set its sights on Asia after securing $52 million in a funding round led by Goldman Sachs.

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Mastercard and Amex invest in 'pay-later' platform Divido

Mastercard and American Express are among the big names to join a $15 million Series A funding round for Divido, a consumer finance platform for retailers, lenders and payment partners.

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Ant denies stealing Equifax IP

Ant Financial has denied using Equifax's intellectual property or trade secrets in the development of its credit rating product, blasting a Wall Street Journal report on the subject.

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Competition watchdog bears its teeth over Experian/Clearscore merger

The UK's competition watchdog has referred Experian's proposed takeover of Clearscore for an independent investigation after the vendors failed to address concerns raised during a preliminary probe.

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Citrusxchange launches blockchain-based supply chain financing platform

Canadian startup Citrusexchange has unveiled a blockchain-based platform for supply chain and invoice financing.

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EBA warns banks on being too passive or proactive on fintech

As they seek to steer a course through the new fintech environment, financial services firms must beware the risks to their business models of both being too passive and too gung-ho in their embrace of new technologies, says a European Banking Authority report.

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Linedata Exchange Europe 2018 - live blog

Welcome to Finextra's live coverage from the Linedata Exchange Europe 2018. The theme for this year's event centres around transformation and how digital, operational and industry-wide transformation can be leveraged to deliver growth.

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Banks will have to develop PFM tools under FCA high-cost credit reforms

UK banks will be forced to develop develop alerts for customers who may be about to slip into the red as well as a range of prompts and PFM tools that make it easier to keep on top of finances following a review by the Financial Conduct Authority into the high-cost credit market.

/Credit referencing and support

Poland puts credit histories on the blockchain

The largest credit bureau in Central and Eastern Europe, Polish Credit Office, is teaming up with local DLT specialist Billon to move millions of credit histories to the blockchain.

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Hong Kong brings lending decisions into the digital age

The Hong Kong Monetary Authority (HKMA) is looking to bring lending into the digital age, allowing banks to forgo traditional credit checks on some personal loans in favour of big data analysis.

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Mastercard and Unilever bring digital lending to Kenyan micro-entrepreneurs

Following a pilot in Kenya, Mastercard and consumer goods giant Unilever are expanding a digital lending initiative designed to help micro-entrepreneurs in developing countries get credit.

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Yes Bank boosts digital lending through Paisabazaar API integration

India's Yes Bank has moved to smooth out its digital lending processes through an API-based integration with Paisabazaar, a marketplace for loans and cards.

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Silver Lake buys $500m stake in Credit Karma

Private equity firm Silver Lake is buying a $500 million stake in personal finance technology outfit Credit Karma from existing investors.