FICO Partners with Atto to Build Predictive Models with Real-Time Transactional Data
- 1 year 9 months ago
- Lending, Open Banking
Atto, a leading provider of credit risk solutions using transactional data, is thrilled to announce a strategic partnership with FICO, a global analytics software leader, for the UK market. This partnership will enable UK lenders to easily integrate Open Banking data into the credit scoring process.
TotallyMoney Launches TotallySure for Loans — Putting Customers in Control With Pre-Approval, and Three Guarantees
- 1 year 9 months ago
- Lending
TotallyMoney has announced the rollout of the TotallySure for loans, helping customers avoid application rejection with pre-approval, while guaranteeing interest rates, loan amounts, and loan term:
Baby Boomers to Lead Buy Now, Pay Later Growth as Two in Five Plan to Use Services in the Coming Year
- 1 year 9 months ago
- Lending
TransUnion, a global information and insights company, has released results from its Q1 Consumer Pulse survey revealing sustained demand for Buy Now, Pay Later services (BNPL). BNPL services allow consumers to split purchases into manageable instalments, often interest-free. Nearly a quarter of adults (23%) said they have used the service in the past year, mirroring pre-festive season observations.
UnaFinancial Launches Instalment Loans in the Philippines
- 1 year 9 months ago
- Lending
UnaCash, an in-app and in-store financial solutions provider, was launched in 2021 in the Philippines as part of UnaFinancial, a Singapore-headquartered fintech group. UnaCash was started as a buy now, pay later service, while in July 2023 it was upgraded to offer point-of-sale (POS) loans to customers. Now, the service also provides installment loans amounting from ₱3,000 to ₱50,000 with a repayment period of 2 to 12 months. They are being... more
Almost Seven Million Young People Still Unaware BNPL Can Lead to Debt, Despite Being Its Biggest Users
- 1 year 9 months ago
- Lending
6.7 million young people (aged 18-34) across the UK don’t know that using buy now, pay later (BNPL) can lead to debt, research from responsible lenders, Creditspring reveals.
Riverty and Adyen Partner Up to Offer 14-day Invoice Solution in DACH
- 1 year 9 months ago
- Lending
Riverty and Adyen partner up to offer a 14-day invoice payment solution for Adyen’s customers in the DACH region. Central to this collaboration is Riverty’s commitment to addressing merchant needs, aiming to enhance the overall merchant experience and drive business growth.
Intuit QuickBooks Introduces Line of Credit
- 1 year 9 months ago
- Lending
Intuit QuickBooks has expanded the small business lending options available through its platform with the launch of QuickBooks Line of Credit. QuickBooks Line of Credit gives small businesses a new way to access fast, flexible funding from $1,000 to $50,000, with loans issued by WebBank.
Varo Bank Introduces Expanded Access to Credit and In-App Budgeting to Ease Financial Stress for Cash-Strapped Americans
- 1 year 9 months ago
- Lending
Varo Bank, N.A., the first nationally-chartered consumer tech bank in the U.S., today announced the introduction of two new products designed to help Americans relieve growing financial pressure.
Epic River Integrates with Finastra LaserPro to Accelerate Loan Closing Process
- 1 year 9 months ago
- Lending
Epic River, a lending-as-a-service platform provider that aims to provide a premium customer experience to every community bank and credit union in the country, today announced its integration with Finastra’s LaserPro loan documentation system. The partnership significantly streamlines the loan closing documentation process and supports consumer, commercial and real estate loan types.
Yabx Launches Revolutionary 'mobileFund' in Solomon Islands
- 1 year 9 months ago
- Lending
Yabx, a cloud-based lending platform, that utilises AI scoring, has collaborated with the Solomon Islands National Provident Fund (SINPF) and the United Nations Capital Development Fund (UNCDF), to create mobileFund, a groundbreaking instant digital loan product, will soon be available to all Yousavers in the Solomon Islands.
NatWest Group Announces New £5bn UK Social Housing Sector Lending Ambition
- 1 year 9 months ago
- Lending
NatWest Group has announced a new package of targeted lending and support for UK social housing, aimed at supporting local housing authorities and homeowners alike in the face of ongoing economic pressures.
Liberty Savings Bank Selects Upstart for Personal Lending
- 1 year 10 months ago
- Lending
Liberty Savings Bank, a family-owned bank with over $1.2 billion in assets serving Sarasota-Manatee County on the Gulf Coast of Florida, has announced a new partnership with Upstart, the leading artificial intelligence (AI) lending marketplace, to provide personal loans to new and existing customers.
nCino’s Single Platform Selected by Desjardins to Automate Loan Origination Process Through Machine Learning
nCino, Inc., a pioneer in cloud banking for the global financial services industry, today announced that the largest cooperative financial group in North America, Desjardins Group, will implement nCino’s Automated Spreading Solution, powered by
BNY Mellon Expands Partnership with Alternative Credit Specialist CIFC
- 1 year 10 months ago
- Lending
BNY Mellon, a leading global financial services company, today announced an expanded partnership between alternative credit specialist CIFC and BNY Mellon Investment Management (BNY Mellon IM).
FirstBank Puerto Rico Selects nCino to Transform Commercial Lending Services
nCino, Inc., a pioneer in cloud banking for the global financial services industry, today announced that FirstBank Puerto Rico, a subsidiary of First BanCorp, has partnered with nCino to offer a more modern commercial lending and banking experience for its customers in Puerto Rico, Florida and the Virgin Islands, while providing greater insights into its portfolio.
