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.
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.
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.
Core banking vendor Misys has launched a crowdlending module to enable financial institutions to move into the alternative finance marketplace.
Digital Financial Services (DFS) Lab, a developing world-focused fintech incubator backed by the Bill and Melinda Gates Foundation, has handed over more than $400,000 to four startups that impressed during an intensive bootcamp.
Chinese web giant Baidu has made an investment in ZestFinance, a US fintech startup using machine learning to overhaul the credit scoring business. The size of the deal has not been disclosed.
National Australia Bank has been accused of 'spying' on business customers who apply to rival banks for new financing.
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.
British startup Ormsby Street has launched its small business credit-checking tool in Germany through a partnership with Deutsche Bank.