Lendflow Launches New AI Automation Suite for Embedded Lending
- 5 months 1 week 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.
Fifty-Nine Per Cent of New Canadians Say Better Access to Credit Would Improve Their Living Experience, Finds TD
- 5 months 1 week ago
- Lending
As Canadians continue to navigate evolving economic realities, a new TD survey shows that newcomers who arrived in Canada within the last five years face challenges when it comes to the country's credit system. Among new Canadians surveyed who have applied for credit, three in five (59 per cent) agree they would have a more positive living experience in Canada if they had better access to credit and 79 per cent say it is difficult for newcomers... more
Affirm Expands Work with Google Pay, Integrates with Autofill on Chrome
- 5 months 1 week ago
- Lending
Affirm, the payment network that empowers consumers and helps merchants drive growth, today announced that it is expanding its collaboration with Google Pay and making its flexible, transparent payment options available via autofill on Chrome.
Digital Lending Gets Smarter: TruStage Modernizes Lending Protection With Simplified, Real-Time Solution
- 5 months 2 weeks ago
- Lending
TruStage™, a leading insurance and financial services provider, announced key enhancements to the digital lending process, simplifying the insurance experience for both the borrower and their financial institution. The updated digital purchase solution gives customers the ability to opt-in to payment protection directly within their loan application, automatically integrating protection into loan documents.
Wagestream Transforms Workplace Lending With Affordable Loans Product
- 5 months 2 weeks ago
- Lending
Wagestream, the market leader in workplace finance and wellbeing, has announced advancements to its Workplace Loans product. These developments, supported by the £300 million debt financing secured from Citi in April, directly address the issue of inaccessible credit, and reinforce Wagestream’s commitment to providing fair financial services to the everyday worker.
Onbe And Allied Solutions Partner To Streamline Auto Loan Refund Operations
- 5 months 2 weeks ago
- Lending
Onbe, a leading corporate payouts platform has partnered with B2B financial services provider Allied Solutions to help financial institutions, finance companies, dealerships and their clients modernize the automotive refund process.
Klarna Delinquency Rates Drop As Consumer Health Improves
- 5 months 2 weeks ago
- Lending
Klarna, the global digital bank and flexible payments provider, today announced a continued improvement in repayment performance among its extensive consumer base of 100 million. A record number of transactions were repaid on time or early, across both higher and lower-value purchases, as consumers turn away from credit cards to Klarna’s fairer credit options for more and more of their everyday and big-ticket spending.
Finora Bank Increased Its Loan Portfolio by 111% in the First Half of 2025
- 5 months 3 weeks ago
- Lending
In the first half of 2025, Finora Bank’s business loan portfolio grew by 111%, reaching €59 million. Deposit volumes rose by 135%, totaling €65 million. Revenue also saw a sharp increase of 74% compared to the same period last year, driven by strong demand for financing and a focused strategy tailored to business clients.
Samsung Wallet Launches In‑Store Installment Payments Through Splitit
- 5 months 4 weeks ago
- Lending
Splitit is collaborating with Samsung to bring installment payments to Samsung Wallet as a new feature that lets users pay over time using their existing credit at the in-store point of sale.
NatWest Launches £500 Million Loan Offering To Build Social Rent Housing In First‑To‑Market Move
- 6 months 3 days ago
- Lending
NatWest, the largest business bank in Great Britain, is today launching new lending of up to £500 million entirely ringfenced for the building of social rent housing across the UK. This is a first of its kind offering to the market that shows the bank’s commitment to supporting the sector.
Protections To Help Buy Now Pay Later Borrowers Navigate Their Financial Lives
- 6 months 6 days ago
- Lending
The proposals include requiring lenders to check that people can afford to repay BNPL loans and to offer support if they get into financial difficulty. They form part of the FCA's commitment to helping consumers navigate their financial lives. BNPL borrowers will also be able to complain to the Financial Ombudsman Service if something goes wrong. The rules would take effect when BNPL comes under the FCA's remit in 2026. Sarah Pritchard, deputy... more
One Third Of UK Credit Customers Don’t Understand Credit Agreements
- 6 months 1 week ago
- Lending
A new report by the UK’s leading credit-building business, Loqbox, has uncovered a startling gap in financial literacy with one-third of UK consumers saying that they don’t fully understand the terms of their credit agreements and that younger generations, especially people aged 18-24 are experiencing the most financial stress in managing credit.
SBI Credit Guarantee Goes Live On nCino Following Rapid Implementation
- 6 months 3 weeks ago
- Lending
nCino, Inc., the leading provider of intelligent, best-in-class banking solutions, today announced that SBI Credit Guarantee Co., Ltd. has gone live with nCino as the platform for its newly launched mortgage guarantee business.
Alibaba.com Launches Embedded B2B Pay Later Offering To Support US Businesses Amid Tariff Pressure
- 6 months 4 weeks ago
- Lending
Balance, the AI-powered financial infrastructure platform for B2B commerce, announced today the launch of “Pay Later for Business” on Alibaba.com, an embedded financing solution designed to give U.S. small and medium-sized enterprises (SMEs) greater purchasing power and more control over how and when they pay. With this solution, Alibaba.com’s U.S. business users have the option to access instant credit at checkout, enabling eligible ones to... more
Over One in Seven Brits Now Use Buy Now, Pay Later for ‘Bitesize’ Purchases
- 6 months 4 weeks ago
- Lending
As the UK Government announces regulations on Buy Now, Pay Later (BNPL) services to help protect consumers, new research from TransUnion UK reveals over eight million Brits are using BNPL for items under £50, and 4% put purchases under £25 on this short-term credit.
