306 articles tagged with this keyword
News/payments
Apple has finally launched its buy now, pay let service in the US, enabling users to split purchases into four equal payments.
28 March 2023
Danish financial institution Sparxpres has teamed up with core banking technology vendor Tuum and IT firm Trifork on a bespoke card and financing platform.
16 March 2023
News/startups
Monnai, a provider of consumer insights infrastructure for financial institutions, has raised $6.5 million in a Series A funding round led by Tiger Global.
10 March 2023
News/retail
Equifax is adding telco, pay TV and utility data to US mortgage credit reports in a move designed to support the home ownership opportunities of more Americans.
28 February 2023
UK-based credit scoring and risk decisioning platform DirectID has secured a €9 million investment from Ikea venture arm Ingka Investments.
22 February 2023
Sikoia, a London-based unified data platform designed to simplify client onboarding and risk evaluation, has raised $6 million in seed funding.
17 February 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
US-based cross-border credit bureau Nova Credit has won FCA approval to begin operations in the UK
19 January 2023
Australian lender Westpac has enlisted local AI firm Rich Data Co (RDC) to make its business lending decisions faster and simpler.
Credit scoring service and marketplace ClearScore has launched a business-to-business unit to help UK lenders tap into Open Bnking data for lending decisions.
11 January 2023
Bengaluru-based fintech lending platform KreditBee has extended its Series D funding round with a $100 million investment from private equity giant Advent International.
06 January 2023
Younited, a Paris-based credit and payment platform, has hit unicorn status thanks to a €60 million raise from its main shareholders, including Goldman Sachs.
13 December 2022
Intuit has agreed to buy SeedFi, the financial health startup behind Credit Karma's Credit Builder feature. Terms of the deal were not disclosed.
05 December 2022
Experian has been appointed to operate Singapore's buy now, pay later credit bureau, providing firms with creditworthiness checks on consumer BNPL debt.
24 November 2022
News/people
Digital bank Chime, online lender Upstart and Intuit-owned Credit Karma are the latest fintechs to reassess staffing in the face of the economic downturn.
02 November 2022
Plend, a UK "ethical lender" that is ditching the traditional credit system and is instead using open banking data for lending decisions, has raised £40 million in seed funding.
News/inclusion
HSBC Asset Management has led a $4 million seed funding round for Bizbaz, a Singapore-based startup using non-traditional data to help financial firms assess credit risk.
03 October 2022
HSBC has invested $10 million in Nova Credit as part of a wider partnership giving the bank global access to the startup's cross-border credit data product.
28 September 2022
News/wholesale
The use of alternative data sources and machine learning to assess the credit quality of applicants gives US fintechs an advantage over banks when it comes to small business lending, according to a paper from the Bank for International Settlements.
27 September 2022
News/regulation
Credit Karma has been fined $3 million by the Federal Trade Commission for "tricking" Americans with allegedly false "pre-approved" credit offers.
02 September 2022
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