21 September 2017
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Latest credit referencing and support news

Equifax hack: Visa and Mastercard flag 200k compromised credit cards
Retail banking

Equifax hack: Visa and Mastercard flag 200k compromised credit cards

15 September 2017  |  10620 views  |  2 comments | 6 tweets | 17 linkedin

The details of more than 200,000 Visa and Mastercard cards were stolen during the recent cyber-breach at credit referencing firm Equifax.

Santander invests in startup that helps underbanked buy smartphones
Retail banking

Santander invests in startup that helps underbanked buy smartphones

11 September 2017  |  7600 views  |  0 comments | 13 tweets | 7 linkedin

Santander InnoVentures has joined a $6 million funding round for PayJoy, a San Francisco-based startup working to help underbanked people buy smartphones.

Huge Equifax breach hits 143 million consumers
Retail banking

Huge Equifax breach hits 143 million consumers

08 September 2017  |  7343 views  |  2 comments | 5 tweets | 14 linkedin

Credit referencing firm Equifax has reported a cyber-breach which spilled the personal details of approximately 143 million US consumers.

Earnest to create 500 jobs in Utah move
Retail banking

Earnest to create 500 jobs in Utah move

16 August 2017  |  8683 views  |  0 comments

San Francisco-based fintech startup Earnest is opening a second location in Utah, adding up to 500 jobs to the community and $5.6 million in capital investment over the next five years.

PayPal buys Swift Financial to boost working capital biz
Retail banking

PayPal buys Swift Financial to boost working capital biz

11 August 2017  |  8900 views  |  0 comments | 13 tweets | 8 linkedin

PayPal is expanding its working capital programme for merchants through the acquisition of online lending firm Swift Financial. Terms of the deal were not disclosed.

PayPal invests in LendUp
Retail banking

PayPal invests in LendUp

29 June 2017  |  6852 views  |  0 comments | 9 tweets | 7 linkedin

PayPal has made a strategic investment in LendUp, an online lender targeting Americans that are generally considered too risky by traditional banks. Terms of the deal were not disclosed.

Capital One Canada launches free credit score tool
Retail banking

Capital One Canada launches free credit score tool

05 May 2017  |  7123 views  |  0 comments | 4 tweets | 2 linkedin

Canadians are suffering from ostrich syndrome, according to a new survey from Capital One which shows that more than half have never attempted to get their credit score.

Ousted Lending Club CEO Laplanche launches rival platform
Mobile & online

Ousted Lending Club CEO Laplanche launches rival platform

06 April 2017  |  6053 views  |  1 comments | 7 tweets | 3 linkedin

A year after being forced out of Lending Club, the firm's founder Renaud Laplanche is back with a new online lending platform and $60 million in financing.

Online lender Upstart raises $32.5m
Start ups

Online lender Upstart raises $32.5m

03 March 2017  |  4746 views  |  0 comments | 4 tweets | 1 linkedin

Upstart, a US online lender founded by a gaggle of former Googlers, has raised $32.5 million in a funding round led by Japan's Rakuten and an unnamed asset manager.

Misys adds crowdlending to core banking package
Wholesale banking

Misys adds crowdlending to core banking package

17 January 2017  |  9234 views  |  0 comments | 7 tweets | 10 linkedin

Core banking vendor Misys has launched a crowdlending module to enable financial institutions to move into the alternative finance marketplace.

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