Credit referencing and support

1017 articles tagged with this keyword

/inclusion

CIMB Bank Philippines to offer personal loans to underbanked customers with CredoLab

CIMB Bank Philippines has partnered with with Singapore-based fintech CredoLab to extend financial products to underbanked customers in the Philippines, starting with personal loans.

/Credit referencing and support

Equifax and Alchemy release white label lending product for fintechs and banks

Alchemy Technology Inc. and Equifax Inc. (NYSE: EFX) today announced a new partnership to drive FinTech innovation.

/devops

CredAbility uses low-code platform for financial wellbeing service

OutSystems, provider of the number one low-code application development platform, today announced that CredAbility has used the OutSystems low-code platform to deliver a new financial wellbeing service.

/ai

Kreditech targets India after EUR20m funding boost

Kreditech, a German-based online lender and POS financing provider focused on "near prime" borrowers, is looking to the Indian market after raising EUR20 million in funding.

/payments

CashFlows and Acquired.com partner for 'zero-friction' card updater service

CashFlows and Acquired.com have partnered in the launch of a card updater service to maximise collections in the consumer lending sector. Both the Mastercard Automatic Billing Updater and Visa Account Updater are available through a single integration.

/ai

ING invests in machine learning-based credit decisioning startup

Dutch bank ING has invested in Flowcast, a startup that uses machine learning algorithms to create predictive models that reduce risk and unlock credit to businesses.

/Credit referencing and support

Equifax and Urjanet partner to unlock alternative credit data

Equifax Inc. (NYSE: EFX) and Urjanet today announced a global partnership that empowers consumers and businesses to share their payment data from thousands of utility, telecom and cable providers worldwide for a more complete picture of individual payment history, easier identity verification and the potential for better access to credit.

/retail

Finicity unveils verification of income and employment tool for lenders

Finicity, a leading provider of real-time financial data access and insights, announced today the release of its new Verification of Income and Employment (VOIE) solution using patent-pending TXVerify™ technology that will speed up borrower verifications and further advance the industry shift toward a fully digital experience.

/retail

Digital Matrix Systems and ZestFinance ring machine learning to credit scoring

Digital Matrix Systems (DMS), an international risk management firm specializing in support of the entire data management life cycle, including secure access to credit bureaus and data providers, data storage, and analytics, announced a partnership today with ZestFinance, the leader in artificial intelligence (AI) software for credit.

/inclusion

Lazada partners AsiaKredit to extend financing to underbanked Filipinos through e-commerce

Leading digital consumer finance fintech AsiaKredit announced a strategic partnership that will enhance e-commerce payment options for Lazada Philippines customers.

/Credit referencing and support

ClearScore uses blockchain to reduce fraud in credit applications

Leader in Blockchain and Cloud innovation Ocyan has partnered with leading UK FinTech ClearScore to launch RomanAgora, an identity verification (IDV) consortium and data marketplace powered by blockchain technology which will help reduce fraud in credit applications.

/startups

Indonesian digital credit platform Kredivo secures $20m debt line

Jakarta-headquartered Kredivo, the leading digital credit platform for retail borrowers across Indonesia, and Partners for Growth V, L.P. (PFG), a leading venture debt firm in the U.S. and Australia, announced today the closing of a debt line of up to US$20m to fund loans for Kredivo’s borrowers in Indonesia.

/Credit referencing and support

Revolut to open ops centre in Portugal

Challenger Revolut is planning to open a customer service centre in Portugal that will employ 400 people.

/startups

Microlender Tala raises $110m for Indian push

Tala, a California-based outfit that uses customers' mobile phone data to build credit profiles and make lending decisions, has raised $110 million for a push into the Indian market.

/regulation

Israeli Bank Hapoalim selects Wolters Kluwer’s credit risk software

Bank Hapoalim, one of Israel’s largest banks has selected Wolters Kluwer’s OneSumX solution for Risk Management, specifically using the software for managing its credit risk profile.

/wholesale

Lendable hires new CIO and COO

Lendable, Inc., the London, New York, and Nairobi based technology-enabled funding provider to frontier and emerging market non-bank lenders is proud to welcome Hani Ibrahim as the new Chief Investment Officer and Des Denning as the new Chief Operating Officer and Chief Financial Officer. Hani will oversee Lendable’s investment strategy and monitoring, including the deployment and management of Lendable’s latest initiative, the Frontier Credit Fund, while Des will oversee Lendable’s internal operations and finances.

/retail

TransUnion appoints Sam Welch to its UK executive team

TransUnion has appointed Sam Welch to its UK executive team, as he joins the business as part of its global strategy and planning function.

/Credit referencing and support

FinApps hits Envestnet/Yodlee with $100 million lawsuit

Fintech startup Financial Apps is suing former partner Envestnet/Yodlee, claiming that the latter ripped off FinApps' proprietary code to release its own product.

/Credit referencing and support

Capital One data breach leaves 100 million vulnerable

Capital One revealed Monday that 100 million credit card applications had been accessed, resulting in thousands of Social Security and bank account numbers being left at risk.

/security

Equifax shells out $671 million to settle data breach litigation and regulatory probes

Equifax Inc. (NYSE: EFX) today announced a comprehensive resolution of significant U.S. consumer-related litigation and regulatory matters facing the company related to its 2017 cybersecurity incident.