Credit referencing and support

963 articles tagged with this keyword

/regulation

CFPB says TransUnion "incapable of operating its businesses lawfully"

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.

/startups

International credit bureau Nova Credit launches in UK

Nova Credit, a US fintech startup that unlocks credit histories for immigrants, has launched in the UK.

/retail

TransUnion picks Provenir for AI-powered risk decisioning

Provenir, a global leader in AI-powered risk decisioning software, today announced it has been selected to join TransUnion’s Strategic Alliance Distribution Program.

/payments

Zilch updates BNPL affordability criteria with Experian

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.

/payments

Paysend introduces credit builder and pay later products

Paysend, the UK-based fintech with over 6.5 million customers, today announces the launch of two new products to help customers improve their financial health: Credit Builder and Pay Later.

/retail

Marqeta survey finds 79% denied a loan due to outdated affordability criteria

Marqeta, the global modern card issuing platform, today released new data from a survey of European consumers on their attitudes and experiences of lending. The findings, which will be detailed in an upcoming report on the future of lending, shows many consumers still feel frozen out of the lending bubble, held back by outdated lending criteria and assessments – such as credit scores. Yet change could be on the horizon, with 59% of European consumers saying they are more aware of new lending options due to the pandemic, with 61% being more willing to use them.

/retail

Lodestar to bolster Oklahoma Credit Union's data strategy

Lodestar Technologies Inc., a business intelligence leader in the financial services industry, welcomes its newest client to the growing community. Oklahoma's Credit Union (OKCU), based in Oklahoma City, has chosen Lodestar as a trusted partner in their initiative to transform the credit union's data strategy.

/startups

Jia Finance raises $5m to help Asian investors get US residential mortgages

Jia Finance, an online residential mortgage platform for foreign investors, is now scaling its offering in the U.S. for international buyers and announcing its $5 million seed round of funding.

/predictions

Apple looks to bring payment processing in-house - Bloomberg

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.

/retail

Apple quietly acquires Credit Kudos for $150 million

Apple has reportedly acquired UK credit bureau Credit Kudos, which uses open banking technology to deliver finely-tuned credit scores.

/security

Cybercriminals demand $15 million ransom for return of hacked TransUnion data

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.

/retail

Advance AI and FinScore to boost alternative credit scoring and fraud prevention in the Philippines

ADVANCE.AI, a leading AI company specialising in digital identity verification, risk management and process automation, has signed a strategic data partnership with FinScore to help boost financial inclusion and access to the unbanked and underbanked customers in the Philippines and wider Southeast Asia (SEA).

/startups

Stellar raises $7m to tackle American credit system

Stellar, on a mission to provide unprecedented access to credit-building and financial tools to underserved communities, attracted key investors to close an oversubscribed $7M initial funding round.

/people

TotallyMoney hires Tandem Bank's Henry Pearce as head of data

TotallyMoney, the credit app that helps everyone move their finances forward, has appointed Henry Pearce as Head of Data, as it ramps up the use of technology to help consumers improve their financial situation.

/startups

Gig economy subscription app SteadyPay raises $5m

UK-based gig-economy app SteadyPay has closed a $5 million Series A funding round led by Digital Horizon.

/people

Nova Credit hires from Apple and Meta leader as head of engineering

Nova Credit, the fintech unlocking opportunities for those historically excluded from the credit system and companies looking to serve them, today announced it has expanded its engineering team with the appointment of Yacine Azmi as Head of Engineering.

/retail

Scienaptic AI signs Bethpage Federal Credit Union

Leading global AI-powered credit decision platform provider, Scienaptic AI announced that Bethpage Federal Credit Union is planning to implement its AI-powered credit decisioning platform. This deployment will enable the credit union to make faster, smarter credit decisions to increase loan approvals and support the financial goals of its members.

/retail

Loqbox gives renters the opportunity to buiild their credit worthiness

92% of LOQBOX members who currently rent, want to own their own home, according to a recent survey.

/retail

Scienaptic AI signs up Rocket Financial

Leading global AI-powered credit decision platform provider, Scienaptic AI announced today that Rocket Financial Inc. has selected its platform to launch its new product RocketBNK.