Fairlo Leads the Way with B Corp Certification
- 1 year 9 months 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 9 months 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 9 months 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 9 months 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 9 months 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 10 months 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 10 months 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 10 months 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 10 months 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 10 months 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 10 months 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.
High-street Lenders Neglecting Women-led Enterprises, New Study Finds
- 1 year 11 months ago
- Lending
Research from independent SME funder Bibby Financial Services (BFS) finds that women business leaders are facing gender inequality in commercial lending, which is hampering the growth ambitions of many SMEs.
M&T Bank Expands Use of nCino with Adoption of Continuous Credit Monitoring Solution
- 1 year 11 months ago
- Lending
nCino, Inc., a pioneer in cloud banking for the global financial services industry, today announced that M&T Bank Corporation (“M&T”) an existing and long-standing nCino customer, is expanding its use of the nCino platform and integrating nCino’s Continuous Credit Monitoring Solution into its operations.
Over 3M People in UK Admit to Borrowing from an Illegal Lender in the Last Year
- 1 year 11 months ago
- Lending
Over 3m people across the UK admit they have been forced to borrow from illegal lenders in the last 12 months, reveals research from responsible lender Creditspring. A third (31%) of people in the UK say they currently feel stuck and that there is nothing they can do to improve their financial situation** – this has led to almost one in twelve (6%) UK adults to borrow from an illegal lender in the past 12 months.
