Koodoo and Credit Kudos to Deliver Digital Mortgage Applications Through Open Banking
- 4 years 6 months ago
- Lending, Open Banking
Digital mortgage platform Koodoo selects challenger credit reference agency Credit Kudos as Open Banking provider to deliver a better end-to-end digital mortgage journey. Koodoo works with over 40% of the UK mortgage lending market and powers the mortgage categories for 45% of the UK price comparison market to intelligently connect homeowners with their next mortgage. It will use Credit Kudos’ platform to incorporate Open Banking technology to... more
Loans Issued via AI Underwriting to Reach $315 Billion by 2025, as Banks Leverage AI to Assess Risk
A new study from Juniper Research has found that the value of unsecured loans issued via AI underwriting platforms will reach $315 billion in 2025, up from just $24 billion in 2020.
OPR-Bedrijfskrediet and Vilja Launch Line of Credit Offering in the Netherlands
- 4 years 6 months ago
- Lending
As of October 29, OPR-Bedrijfskrediet is live with Vilja Line of Credit for SME customers in the Netherlands. OPR-Bedrijfskrediet helps entrepreneurs to adjust the company’s finances and highly variable cash flows by providing business loans in a fast and transparent manner. Vilja Line of Credit solution simplifies the way a company can drive new revenue streams and has the quickest time-to-market when it comes to both create and launch new... more
iController Nominated for Deloitte’s Technology Fast 50
- 4 years 6 months ago
- Lending, Risk Management
iController is nominated for Deloitte's Technology Fast 50. With a growth rate of 141.98%, the bootstrapped company continues its efforts as an innovative partner. Today, Deloitte announced the nominees for its Technology Fast 50, the top 50 fastest growing technology companies in Belgium. A striking newcomer is iController, which has seen a turnover growth of no less than 141.98% over the past four years (2016-2019).
Zopa Launches New Credit Card to Help Customers Control Their Money
- 4 years 6 months ago
- Lending
Zopa has launched its first ever credit card, challenging industry standards with a product specifically designed to help customers stay in control of their money and their debt. Recent research from the digital bank revealed that 17% of Brits surveyed don’t believe they have tools to manage their credit cards efficiently. While one in five is unaware of their limit on their credit card and a quarter (25%) admitted to going over their limit –... more
IHS Markit and Tru Technologies Join Forces to Facilitate Systematic Securities Lending in Korea
- 4 years 6 months ago
- Lending
Tru Technologies (Tru), a B2B fintech company focusing on providing securities lending automation services, has partnered with global business information provider IHS Markit to improve the manual securities lending process and reduce the potential for naked short selling in Korea. As part of this effort, Tru announced today that it launched a commercial version of TruWeb equipped with securities lending data from IHS Markit, making it the first... more
Banking Circle Lending and Cardstream Payment Gateway Named Most Innovative FinTech Solution
A panel of industry experts has selected Banking Circle’s SME lending initiative, delivered by Cardstream, as winner of the 2020 Tech Ascension FinTech Award for Most Innovative FinTech Solution.
Home Credit Group Will Expand Credit in Eastern Europe and Asia with FICO AI-Powered Optimization
- 4 years 7 months ago
- Artificial Intelligence, Lending
Home Credit Group, which lends to underserved customers with little or no credit history, has chosen FICO® Decision Optimizer to further improve its lending offers in multiple markets.
Banking Circle Lending and Cardstream Payment Gateway Named Most Innovative FinTech Solution
A panel of industry experts has selected Banking Circle’s SME lending initiative, delivered by Cardstream, as winner of the 2020 Tech Ascension FinTech Award for Most Innovative FinTech Solution.
SEON and Sun Finance to Explore How Consumer Risk Changed During the Pandemic in Emerging Markets
- 4 years 7 months ago
- Covid-19, Lending, Risk Management
SEON, the fraud fighters, is pleased to announce it has teamed up with Sun Finance, the fastest growing online lender in Europe, working with unbanked and underbanked customers, to explore the changes to consumer risk and how the digital lending industry has been forced to adapt during the pandemic.
Thought Machine’s Vault Selected to Power Curve Credit
- 4 years 7 months ago
- Lending
Thought Machine announces it has been selected by Curve to power its new credit and loan offering, Curve Credit. Curve Credit is a new startup from banking platform Curve which allows customers to pay for purchases in instalments. The start-up is being launched with an ethos of responsible lending and borrowing.
Venio Launches Operations in Mexico
- 4 years 7 months ago
- Lending
Venio, the mobile application providing "nano-credit" facilities to unbanked consumers in emerging markets accessed via a smartphone, today announces its launch in Mexico. Venio Aplicaciones de Mexico, the Company’s Mexican business arm, has been established to support Venio’s expansion across the high growth emerging market.
Twenty7Tec Launches CAPTURE Client Portal
Leading mortgage technology provider, Twenty7Tec, announced that it has completed the development of CAPTURE, a client portal that seamlessly integrates with the company’s CloudTwenty7 platform. The innovative portal will allow end customers who are provided access to CAPTURE by their mortgage adviser can enter data about their circumstances that will assist the adviser in both sourcing and applying for a mortgage for that client.
iwoca CEO: A Fully-Charged Fintech Sector Can Drive SME Growth After BBLS Closes
The CEO of iwoca, one of Europe’s largest business lenders, has outlined the need for the fintech industry to be strengthened so it can support the growth of small and micro-businesses after the Bounce Back Loan scheme closes at the end of the year.
Venio Expands Offering Nationwide Across the Philippines
Venio, the mobile application providing "nano-credit" facilities to unbanked consumers in emerging markets accessed via a smartphone, has expanded its services nationwide across the Philippines on the back of successful metro launches across Mega Manila, Cebu and Davao. Venio has also continued its Local Convenience Store and Merchant acquisitions into six new municipalities within the capital Metro Manila, bringing the app to full nationwide... more
