Jifiti Introduces Tap Now, Pay Later™, Enabling Banks to Easily Deploy Their Loans Through All of the Leading Digital Wallets at Any Point of Sale
- 11 months 4 weeks ago
- Lending
Jifiti, a global embedded lending technology company, announced today the release of its Tap Now, Pay Later™ technology, which enables consumers and business customers to easily add their approved loan or credit funds into any digital wallet, including Apple Pay, via virtual card. The customer can then simply tap their mobile device to pay, as with a regular card transaction, at any point of sale.
FIS Launches SMB Digital Lending to Streamline Small Business Loan Processes
- 12 months 1 day ago
- Lending
FIS®, a global leader in financial technology, today announced the launch of its new SMB Digital Lending solution. Created in partnership with Lendio, the nation’s leading small business financial solutions technology platform, the solution aims to reduce the barriers to funding for small and medium-sized businesses (SMBs) by streamlining and automating lending processes for financial institutions.
Far Majority of Consumers Satisfied with BNPL and Three in Four Expect Such Loans Will Impact Their Credit Scores Positively
- 1 year 1 day ago
- Lending
Millions of U.S. consumers have used Buy Now, Pay Later (BNPL) loans with 89% stating they are satisfied or very satisfied with the credit product. A new survey from TransUnion also revealed that 85% of BNPL users would recommend such loans to others.
Fairlo Leads the Way with B Corp Certification
- 1 year 4 days ago
- Lending
Fairlo, a leading consumer credit fintech, today announced that it has received B Corp certification, joining a global movement of businesses dedicated to fostering an inclusive, transparent, and sustainable economy.
Visa Expands Payment Options for Amazon Customers with Installment Plans
- 1 year 2 weeks ago
- Lending
Visa has announced a new collaboration with Amazon that will provide Canadian consumers with more choices at checkout. When shopping online on Amazon.ca or on the Amazon app, eligible RBC and Scotiabank credit cardholders will now have the option to select Installments enabled by Visa as their method of payment for qualifying purchases. This convenient payment option is now available and enables eligible consumers to convert their purchases into... more
Multi-Currency Loans Also Available in the Conotoxia App
- 1 year 2 weeks ago
- Lending
Loan applications and processing are now available not only on the Conotoxia.com web portal but also on the Polish fintech's mobile app. Customers can apply for up to 5,000 PLN or the equivalent amount in euros, US dollars, pounds, and Swiss francs and repay the loan in up to 12 instalments.
Canada’s Haventree Bank Selects Temenos to Scale Lending and Banking Services
Temenos, the banking software company, today announced that Haventree Bank, a federally regulated Schedule 1 bank in Canada, has selected Temenos to support its digital transformation and business growth.
O3 Capital's Launch of American Express Cards in Nigeria Meets with Huge Demand
- 1 year 2 weeks ago
- Lending
O3 Capital (“O3”), a leading Nigerian fintech and the country’s first non-bank credit card issuer, is delighted to update the market on the first month of operations – following the launch of its four American Express (“Amex”) cards - which have met with huge demand both in and out of Nigeria.
Dineo Crédito Enters Partnership with Mambu to Revolutionise Ethical Digital Lending in Spain
- 1 year 3 weeks ago
- Lending
Dineo Crédito, Spanish microlender part of the international retail leader Cash Converters group, has entered a partnership with Mambu, the leading cloud banking platform. The move will see Dineo Crédito migrate from its in-house core system to Mambu, where it plans to launch innovative lending products for its growing customer base in Spain.
Buy Now Pay Later: Nexi and Compass Expand Their Partnership to Include E-commerce
- 1 year 1 month ago
- Lending
Nexi, the European PayTech leader, and Compass, the Mediobanca Group’s consumer credit arm, are consolidating their strategic partnership in the Buy Now Pay Later (BNPL) segment by expanding it to include the e-commerce channel as well.
TransUnion UK Launches Industry-First Trended Affordability Data to Enhance Assessments
- 1 year 1 month ago
- Lending
Global information and insights company, TransUnion, has announced that it is set to be the first UK credit reference agency to launch trended affordability data. Integrated into TransUnion’s Affordability Report, the new feature empowers clients to predict with greater accuracy the future affordability of consumers, enabling more accurate assessments and improved credit risk performance.
CFPB Takes Action to Ensure Consumers Can Dispute Charges and Obtain Refunds on Buy Now, Pay Later Loans
- 1 year 1 month ago
- Lending
The Consumer Financial Protection Bureau (CFPB) today issued an interpretive rule that confirms that Buy Now, Pay Later lenders are credit card providers. Accordingly, Buy Now, Pay Later lenders must provide consumers some key legal protections and rights that apply to conventional credit cards.
PPRO Partners with Afterpay to Offer a Buy Now, Pay Later Payment Solution to US Consumers
- 1 year 1 month ago
- Lending
PPRO, the leading local payments platform, has today announced its partnership with Buy Now, Pay Later (BNPL) provider Afterpay. This will enable US, Europe, China and Hong Kong-based e-commerce merchants and payment service providers (PSPs) to sell directly to US consumers using Afterpay.
Jaja One of the first UK Fintechs to Launch a Gen AI Chat Assistant Using Anthropic’s Claude 3 Model Family on Amazon Bedrock
- 1 year 1 month ago
- Artificial Intelligence, Lending
Jaja Finance (“Jaja”) has today become one of the first UK fintechs to launch a Generative Artificial Intelligence (Gen AI) chat assistant using Anthropic’s state-of-the-art Claude 3 model family, accelerating the fintech’s journey to becoming the UK’s leading digital lender.
TRIVER and Experian Join Forces to Boost Lending to Small and Medium Sized Businesses
- 1 year 1 month ago
- Lending
Businesses looking for short-term capital can access funding in rapid time thanks to a new partnership between Experian and alternative lender, TRIVER. TRIVER aims to revolutionise the SME lending process by underwriting the risk of small business borrowing quickly and easily, providing advances on business invoices at any time.