334 articles tagged with this keyword
News/retail
UK specialist lender Shawbrook Bank is using Open Banking technology from ClearScore to assess the creditworthiness of potential customers and offering a discount on loans for those who share their data.
19 April 2022
News/regulation
The Consumer Financial Protection Bureau has branded TransUnion as an "out-of-control repeat offender that believes it is above the law", after the credit reporting agency violated an order to stop from engaging in deceptive marketing practices.
13 April 2022
News/startups
Nova Credit, a US fintech startup that unlocks credit histories for immigrants, has launched in the UK.
12 April 2022
News/payments
Meeting concerns over affordability checks in buy now, pay later loans, the UK's Zilch has partnered with Experian to begin reciprocal reporting of credit data.
07 April 2022
News/predictions
Apple is working to bring a host of financial services work, including payments processing, in-house to reduce its reliance on outside fintech partners, according to Bloomberg.
31 March 2022
Apple has reportedly acquired UK credit bureau Credit Kudos, which uses open banking technology to deliver finely-tuned credit scores.
23 March 2022
News/security
Hackers are demanding a $15 million payment for the return of 54 million customer records stolen form a server operated by credit bureau TransUnion in South Africa.
21 March 2022
UK-based gig-economy app SteadyPay has closed a $5 million Series A funding round led by Digital Horizon.
07 March 2022
Tillful, a business credit platform for SMEs, has teamed up with Highnote and Mastercard to launch a credit card.
09 February 2022
Fintern, a UK startup aiming to shake up the market for low-value consumers loans with technology that bypasses credit scores in making lending decisions, has secured £8 million of capital in its latest funding round.
News/cloud
UK specialist lender Shawbrook Bank says it is generating personal loan rates five times quicker since rolling out an in-house built AI-enabled pricing environment.
01 February 2022
Mastercard is to commit $5 million to support the creation of a Center for Applied Data Science and Analytics (Cadsa) at Howard University, focused on addressing racial bias in AI-driven credit approval processes.
26 January 2022
Visa has formed a strategic relationship with AI fintech Pagaya to enable its merchant and issuing bank partners to expand access to credit.
25 January 2022
A quarter of UK lenders now use Open Banking technology, with half of those that don't planning to do so in the future, according to research from Credit Kudos.
10 December 2021
American Express has teamed up with Nova Credit to enable more newcomers to the US to use their home-country credit history to apply for its cards.
07 December 2021
Slice, a fintech startup which offers card-based products to young Indians to help them build a better credit score, has raised $220 million in a Series B funding round that values the firm at over $1 billion.
29 November 2021
The People's Bank of China has given the greenlight to a new credit scoring company owned by a consortium including Ant Group and a collection of state-backed partners.
26 November 2021
An Australian startup working to green the housing market has won a global open finance challenge run by NAB, CIBC, Itaú Unibanco and NatWest.
23 November 2021
News/inclusion
Stori, a Mexican fintech bringing credit cards to the country's middles class, has raised $125 million in a Series C funding round, adding another $75 million in debt financing.
12 November 2021
Indian credit card bill payment app Cred has raised $251 million in a Series E funding round, almost doubling its valuation to $4 billion in six months.
21 October 2021
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