Nova Credit's Platform and Advanced Analytics to Enhance Chase Underwriting Capabilities
- 3 days 32 min ago
- Lending
Nova Credit, a leading credit infrastructure and analytics company, today announced that Chase has selected Cash Atlas™ to power its cash flow underwriting capabilities. Chase will also use Nova Credit’s Credit Passport® to access and decision with international credit data. These solutions will enable Chase to serve more customers across the U.S. who have limited credit history or are underserved by traditional credit models.
Subscription Finance Surges as Creditspring Passes £600m Loans & 300k Members
- 3 days 22 hours ago
- Lending
Creditspring, the subscription-based credit provider on a mission to improve financial stability across the UK, has revealed that it has provided £600 million in loans and surpassed 300,000 active members in the UK as demand for fair, transparent credit options has surged.
New BNPL Data Reveals Surprising Truths, Repeat Spenders Most Responsible
- 6 days 22 min ago
- Lending
Qlarifi has completed the first real-time, multi-provider study of Buy Now Pay Later (BNPL) usage, revealing that 1 in 4 users make a new transaction every five days, and most use BNPL monthly. In fact, high-usage consumers are more reliable, with defaults concentrated in lower-ticket, one-off purchases by older or first-time users. This challenges the narrative that BNPL is primarily driven by impulsive Gen Z and millennial spending.
Vergent LMS Unveils OmniaCnct Platform to Help Community Lenders Compete in Digital Banking Era
- 1 week 2 days ago
- Lending
Vergent LMS, a leading provider of loan management solutions, has released the OmniaCnct Platform, a comprehensive suite of lending technology designed to help lenders modernize operations, reduce costs, and expand their business reach.
Lendflow Launches New AI Automation Suite for Embedded Lending
- 2 weeks 1 day ago
- Lending
Lendflow, a leader in embedded lending infrastructure, announced the official launch of Lendflow Automate, a suite of AI-powered agents designed to optimize workforce efficiency and transform how lending operations are executed. The announcement was made at Ai4, America’s largest AI event. Lendflow founder and CEO, Jon Fry, will join leaders from Chime, Mastercard, and Deloitte for a live panel, “Leveraging AI to Drive Value,” on August 12 at... more
inDrive.Money Arrives in Brazil with Digital Loans for Drivers
- 2 weeks 1 day ago
- Lending
inDrive, a global mobility and urban services platform operating across 48 countries, has announced the launch of inDrive.Money in Brazil. The offering aims to support financial inclusion for drivers by offering quick and convenient access to cash loans within the inDrive app, the world’s second-most downloaded ride-hailing app.
CredAbility Launches First-of-Its-Kind Credit Score Builder to Help Millions Boost Their Scores with Personalised Data-Driven Insights
- 2 weeks 2 days ago
- Lending
CredAbility, one of the UK’s fastest-growing financial wellbeing platforms, has launched a first-of-its-kind credit score builder that gives people complete visibility over h
Shawbrook Goes Live on Thought Machine’s Vault Core, Starting with a Buy-to-Let Mortgage Product
- 2 weeks 2 days ago
- Lending
Thought Machine, the cloud-native banking technology company, and Shawbrook, a leading UK specialist bank, today announce that the bank has successfully gone live with Thought Machine’s next-generation core banking platform, Vault Core, to accelerate product innovation in commercial SME lending.
PowerPay Announces $300 Million Partnership with Synovus Bank and Nearwater Capital
- 2 weeks 5 days ago
- Lending
PowerPay, a leading fintech platform providing consumers with home improvement and patient finance, today announced the addition of Synovus Bank, a Georgia-based financial institution with $62 billion in a
Finastra Supports JICA with Loan IQ to Transform Private-Sector Investment Finance System in Japan
- 2 weeks 5 days ago
- Lending
Finastra, a global leader in financial services software, has announced the Japan International Cooperation Agency (JICA)’s successful go-live with the Loan IQ platform. This project aims to modernize JICA’s core system for private-sector investment finance, an increasingly expanding initiative that provides loans to private sector projects in developing countries.
Lendflow Launches New AI Automation Suite for Embedded Lending
- 3 weeks 1 day ago
- Lending
Lendflow, a leader in embedded lending infrastructure, announced the official launch of Lendflow Automate, a suite of AI-powered agents designed to optimize workforce efficiency and transform how lending operations are executed.
Fifty-Nine Per Cent of New Canadians Say Better Access to Credit Would Improve Their Living Experience, Finds TD
- 3 weeks 3 days ago
- Lending
As Canadians continue to navigate evolving economic realities, a new TD survey shows that newcomers who arrived in Canada within the last five years face challenges when it comes to the country's credit system. Among new Canadians surveyed who have applied for credit, three in five (59 per cent) agree they would have a more positive living experience in Canada if they had better access to credit and 79 per cent say it is difficult for newcomers... more
Affirm Expands Work with Google Pay, Integrates with Autofill on Chrome
- 3 weeks 3 days ago
- Lending
Affirm, the payment network that empowers consumers and helps merchants drive growth, today announced that it is expanding its collaboration with Google Pay and making its flexible, transparent payment options available via autofill on Chrome.
Digital Lending Gets Smarter: TruStage Modernizes Lending Protection With Simplified, Real-Time Solution
- 4 weeks 1 day ago
- Lending
TruStage™, a leading insurance and financial services provider, announced key enhancements to the digital lending process, simplifying the insurance experience for both the borrower and their financial institution. The updated digital purchase solution gives customers the ability to opt-in to payment protection directly within their loan application, automatically integrating protection into loan documents.
