Credit referencing and support

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/Credit referencing and support

India sets focus on fintech market

India's central bank is to set up a committee to explore the potential for the country's fintech market which is predicted to double in worth to $2.4bn in the next four years.

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Ormsby Street partners Deutsche Bank to launch credit checking tool in Germany

British startup Ormsby Street has launched its small business credit-checking tool in Germany through a partnership with Deutsche Bank.

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Discover First to offer Fico credit scores for free

Starting today, everyone can check their Fico Credit Score for free by using Discover’s new Credit Scorecard, including those who are not Discover customers. In addition to providing the credit score that 90 percent of top lenders use, Credit Scorecard provides a summary of the data that determines an individual’s Fico Score.

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Indian online lender Capital Float raises $25m

Capital Float, India's largest online lending platform, has raised $25 million in a Series B funding round led by Creation Investments Capital Management.

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Japan's SBI Holdings looks to raise $275m for fintech fund

Japanese financial conglomerate SBI Holdings has set its stall out as a central player in the fintech ecosystem, promising to aggressively adopt new technology and build a network of startups through a $275 million venture fund.

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US Treasury calls for online lending oversight

In a week in which the sector has been rocked by the Lending Club scandal, online marketplaces have been warned in a new report from the US Treasury that they need to be more transparent and should, in some cases, face greater regulatory oversight.

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Affirm appoints eBay executive Carl Gish as CMO

Affirm today announced it has hired eBay Vice President Carl Gish to be its first Chief Marketing Officer (CMO).

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Fico extends partnership with HPE

Analytics software firm Fico today announced an extended partnership with Hewlett Packard Enterprise (HPE) to deliver real-time decision management solutions. As a Fico Platinum Partner, HPE will engage with Fico in joint sales, service and support, delivering analytics and decision management, fraud management, originations, customer management and collections and recovery solutions in financial services, healthcare, public sector and automotive markets worldwide.

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Fico appoints Silicon Valley IT veteran Claus Moldt as CIO

Fico, the analytics software company, has announced the appointment of Claus Moldt as chief information officer (CIO).

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Fico introduces 'what if?' simulations for credit scoring outcomes

Analytics software firm FICO (FICO) has introduced an enhanced FICO Score Simulator on myFICO.com, enabling consumers to experiment with dozens of "what if" simulations to understand how such actions could affect their FICO® Scores.

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Bigbank enlists Provenir for credit and loan processing overhaul

Provenir, provider of risk analytics and decisioning solutions, today announces that Bigbank has chosen the Provenir solution to overhaul its processing of credit and loans.

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Branch raises $9.2m to bring mobile-based lending to developing markets

Branch, a startup promising to bring lending to people in developing nations by using data stored on their mobile phones to make credit decisions, has raised $9.2 million in a Series A funding round led by Andreessen Horowitz.

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Denali Federal Credit Union selects Baker Hill software for new commercial lending division

Baker Hill, a leading provider of SaaS solutions for common loan origination, relationship management and smart data analytics, announced today that Anchorage, Alaska-based Denali Federal Credit Union has selected its Bank2Business® origination solution paired with Statement Analyzer, a sophisticated financial analysis tool, to expand its business lending capabilities.

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Lenny money lending app goes live

Lenny today announces the nationwide launch of its new money lending app with peer-to-peer payment capabilities. The platform provides credit lines to millennials, all while helping them build healthy credit scores.

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Capital One launches credit rating app

To help more Americans take control of their financial well-being, Capital One® is unveiling CreditWise – a free and easy to use mobile app and website that enables more consumers to easily see and understand their credit profile, track it and learn how to improve it.

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Graydon appoints Rob Veneboer as COO

Business Information specialist Graydon announced the appointment of its new group COO today.

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Fiduciam taps Profile Software tech to manage lending processes

Profile Software, a leading financial solutions provider, announced today that Fiduciam, a fast-growing London-based alternative lender, selected FMS.next, a banking software suite, to effectively manage their lending processes.

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Credit Karma claims 50 million users

Credit Karma announced today it signed up its 50 millionth member, a major milestone that gives the online personal finance platform insight into more than one-fifth of America’s total household debt.

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Equifax appointed by crowdfunding platform InvestDen

Equifax, the consumer and business insights expert, continues to expand its presence in alternative lending with InvestDen becoming the latest crowdfunding platform to utilise Equifax Identity Verifier.

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Bank Zachodni WBK to implement Fico Debt Manager 9

Bank Zachodni WBK, part of the Santander Group, will be the first bank in Poland to implement Fico Debt Manager 9, the latest version of Fico’s platform for collections and recovery.