Loqbox and ClearScore Launch Embedded Support for Declined Credit Applicants
- 4 months 1 week ago
- Lending
Loqbox, the award-winning credit-building platform, has expanded its partnership with ClearScore to help more users who are declined for credit take steps to improve their financial prospects.
Gatehouse Bank Expands Buy-to-Let Product Range for UK Residents
- 4 months 1 week ago
- Lending
Gatehouse Bank has today expanded its Buy-to-Let (BTL) product offering for UK residents to include 5% and 7% product fee options available on two-year and five-year fixed term products. Following today’s updates, the Bank now offers BTL rental rates* for UK residents starting from 3.39%.
Ant International’s Bettr Lending Empowers SMEs on Global E-Commerce Platforms as Year-End Shopping Sprees Near
- 4 months 1 week ago
- Lending
Bettr, a leading provider of embedded financing and tech solutions under Ant International, today announced the launch of its AI-driven accounts receivable financing solution designed to provide global e-commerce platform vendors with rapid and secure access to working capital as they prepare for the year-end shopping sprees.
Sikoia and Finova Partner to Streamline Document Verification for UK Lenders
- 4 months 1 week ago
- Lending
Sikoia, the leading Customer Verification Platform, today announces its partnership with Finova, the UK’s largest cloud-based mortgage and savings software provider, to automate the manual review of broker-submitted documents - a common bottleneck for lenders that adds cost, slows decisions, and creates friction for brokers.
Nova Credit's Platform and Advanced Analytics to Enhance Chase Underwriting Capabilities
- 4 months 2 weeks ago
- Lending
Nova Credit, a leading credit infrastructure and analytics company, today announced that Chase has selected Cash Atlas™ to power its cash flow underwriting capabilities. Chase will also use Nova Credit’s Credit Passport® to access and decision with international credit data. These solutions will enable Chase to serve more customers across the U.S. who have limited credit history or are underserved by traditional credit models.
Subscription Finance Surges as Creditspring Passes £600m Loans & 300k Members
- 4 months 2 weeks ago
- Lending
Creditspring, the subscription-based credit provider on a mission to improve financial stability across the UK, has revealed that it has provided £600 million in loans and surpassed 300,000 active members in the UK as demand for fair, transparent credit options has surged.
New BNPL Data Reveals Surprising Truths, Repeat Spenders Most Responsible
- 4 months 3 weeks ago
- Lending
Qlarifi has completed the first real-time, multi-provider study of Buy Now Pay Later (BNPL) usage, revealing that 1 in 4 users make a new transaction every five days, and most use BNPL monthly. In fact, high-usage consumers are more reliable, with defaults concentrated in lower-ticket, one-off purchases by older or first-time users. This challenges the narrative that BNPL is primarily driven by impulsive Gen Z and millennial spending.
Vergent LMS Unveils OmniaCnct Platform to Help Community Lenders Compete in Digital Banking Era
- 4 months 3 weeks ago
- Lending
Vergent LMS, a leading provider of loan management solutions, has released the OmniaCnct Platform, a comprehensive suite of lending technology designed to help lenders modernize operations, reduce costs, and expand their business reach.
Lendflow Launches New AI Automation Suite for Embedded Lending
- 5 months 1 day ago
- Lending
Lendflow, a leader in embedded lending infrastructure, announced the official launch of Lendflow Automate, a suite of AI-powered agents designed to optimize workforce efficiency and transform how lending operations are executed. The announcement was made at Ai4, America’s largest AI event. Lendflow founder and CEO, Jon Fry, will join leaders from Chime, Mastercard, and Deloitte for a live panel, “Leveraging AI to Drive Value,” on August 12 at... more
inDrive.Money Arrives in Brazil with Digital Loans for Drivers
- 5 months 1 day ago
- Lending
inDrive, a global mobility and urban services platform operating across 48 countries, has announced the launch of inDrive.Money in Brazil. The offering aims to support financial inclusion for drivers by offering quick and convenient access to cash loans within the inDrive app, the world’s second-most downloaded ride-hailing app.
CredAbility Launches First-of-Its-Kind Credit Score Builder to Help Millions Boost Their Scores with Personalised Data-Driven Insights
- 5 months 2 days ago
- Lending
CredAbility, one of the UK’s fastest-growing financial wellbeing platforms, has launched a first-of-its-kind credit score builder that gives people complete visibility over h
Shawbrook Goes Live on Thought Machine’s Vault Core, Starting with a Buy-to-Let Mortgage Product
- 5 months 2 days ago
- Lending
Thought Machine, the cloud-native banking technology company, and Shawbrook, a leading UK specialist bank, today announce that the bank has successfully gone live with Thought Machine’s next-generation core banking platform, Vault Core, to accelerate product innovation in commercial SME lending.
PowerPay Announces $300 Million Partnership with Synovus Bank and Nearwater Capital
- 5 months 5 days ago
- Lending
PowerPay, a leading fintech platform providing consumers with home improvement and patient finance, today announced the addition of Synovus Bank, a Georgia-based financial institution with $62 billion in a
Finastra Supports JICA with Loan IQ to Transform Private-Sector Investment Finance System in Japan
- 5 months 5 days ago
- Lending
Finastra, a global leader in financial services software, has announced the Japan International Cooperation Agency (JICA)’s successful go-live with the Loan IQ platform. This project aims to modernize JICA’s core system for private-sector investment finance, an increasingly expanding initiative that provides loans to private sector projects in developing countries.
