British Business Bank Launches Asset-based Lending Variant of the Recovery Loan Scheme
- 2 years 3 months ago
- Lending
The British Business Bank has launched an asset-based lending variant of the Recovery Loan Scheme. The asset-based lending variant aims to broaden the support available for small businesses in the UK to access finance through the Recovery Loan Scheme, making use of a broad range of business assets.
Yabx and Clickatell Collaborate to Launch WhatsApp Lending in Africa
- 2 years 3 months ago
- Lending
Yabx, a prominent player in the digital lending space, is making a significant stride forward by launching WhatsApp lending services in Africa, through a collaboration with Clickatell. The move promises to democratize access to financial services and enable customer
UK’s First Credit Builder Debit Card Partners with Responsible Lender to Boost Access to Affordable Credit Products
- 2 years 3 months ago
- Lending, Consultancy
Credit builder debit card BuildMyCreditScore, has announced its latest partnership, collaborating with responsible lender, Creditspring, to allow borrowers to boost their credit scores and improve financial inclusion.
GoCardless Partners with Acre to Help Mortgage and Protection Brokers Save Time and Get Paid Faster
GoCardless, the bank payment company, has announced a partnership with Acre, an all-in-one platform for mortgage and protection brokers, to help them collect service fees from their clients in a more seamless and cost-effective way.
New Loqbox Data Reveals UK Credit Score Interest
In a comprehensive analysis of its proprietary data and Google Trends data, Loqbox, a Bristol-based financial wellbeing business, has published insights into the geographical locations and annual time periods when credit scores become a heightened concern for people in the UK.
FICO Helps Millions of Ukrainian Refugees Get Access to Credit
- 2 years 3 months ago
- Lending
Global analytics software leader FICO, recognized as a global leader in credit scoring analytics, has launched an innovative FICO® Score as part of an effort aimed at helping Ukrainian refugees get credit. This initiative is part of FICO’s long-standing commitment to financial inclusion, supporting an inclusive lending ecosystem, and developing innovative solutions to enable consumers to responsibly get access to credit.
Danske Bank and Netdania Announce Strategic Partnership
To enhance data visualisation and the charting experience of its District platform, Danske Bank has entered into a strategic partnership with Netdania, part of United Fintech, in a move welcomed as a first step in collaborating to accelerate the digital transformation of Denmark’s largest lender.
Moneyhub Granted Credit Information Services Permissions by the Financial Conduct Authority
- 2 years 3 months ago
- Lending
Moneyhub, the award winning top 100 global fintech, has been granted permission to provide Credit Information Services by the Financial Conduct Authority (FCA).
ila Bank Collaborates with Gulf Air to Offer Falconflyer Miles to Its Credit Card Customers
- 2 years 3 months ago
- Lending
ila Bank, Bahrain’s leading digital mobile-only bank powered by Bank ABC, has tied up with Gulf Air to provide customers personalised rewards on their credit card spends. The Bank’s new credit card rewards programme, ‘ila Rewards’, enables customers to choose their reward blueprint according to their preferences and priorities, thereby suiting their unique lifestyle needs.
Broadridge Investment Management Technology Enhances Carlyle’s Private Credit and CLO Portfolio Management Operations
- 2 years 4 months ago
- Lending
Global Fintech leader Broadridge Financial Solutions, Inc. announced today that its cloud-based solution, Sentry, has been implemented at global investment firm Carlyle in support of its private credit and collateralized loan obligation (CLO) portfolio management.
The ClearScore Group Partners with Plend for Open Banking-Powered Loans
- 2 years 4 months ago
- Lending
The ClearScore Group, a leading global financial services marketplace group, announces today a new partnership with alternative lender Plend. Unlike traditional loans providers, Plend looks beyond credit scores to assess risk and affordability, and Plend loans will now be available on the ClearScore UK consumer marketplace.
Men Most Likely to Use BNPL for Black Friday Purchases This Year, as Shoppers Plan to Use the Payment Option More Due to the Increasing Cost of Living
- 2 years 4 months ago
- Lending
New research from leading international payment service provider and UK and Europe direct bank card acquirer, Ecommpay, reveals that men are more likely to use Buy Now, Pay Later (BNPL) (44%) compared to women (35%) this Black Friday. When asked why, two in five consumers (39%) cited the increasing cost of living and inflation as their reason for using BNPL services more in 2023 – with expected use up from 35% in 2022.
Passive Income & Peer-to-Peer Lending: Making Money by Helping Others
- 2 years 4 months ago
- Lending, Personal Finance
In a world where financial security is a concern for many individuals, the concept of earning passive income has become increasingly popular. Passive income refers to the money earned regularly with the effort required to maintain it. One promising way to generate income is through peer-to-peer lending, which allows individuals to invest in others and earn a return on their investment. As you continue reading, we will explore the idea of income... more
Black Friday Debt Warning: 16 Million Brits Still Don’t Know You Can Get Into Debt Using BNPL
- 2 years 4 months ago
- Lending, Personal Finance
Ahead of the Black Friday sales and Christmas, 16 million people in the UK are still unaware you can get into debt using ‘Buy Now Pay Later’ (BNPL) services*, according to research from responsible lender, Creditspring. A third of people (31%) still don’t think that BNPL purchases can lead to debt, however, this jumps to over half (51%) for those aged 18-24 who are a third more likely to use BNPL than the UK average.
Marqeta and Credi2 Team Up to Provide New Instalment Capabilities for Banks in Europe
- 2 years 4 months ago
- Lending, e-Payments
Marqeta, the global modern card issuing platform enabling some of the world’s most innovative embedded finance solutions, today announced a new partnership with Credi2 to provide an end-to-end instalments platform designed for banks, helping them deliver instalment payments on cards to meet growing consumer demand for more flexible and seamless digital payments experiences.
