Broadridge Investment Management Technology Enhances Carlyle’s Private Credit and CLO Portfolio Management Operations
- 11 months 3 weeks 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
- 11 months 4 weeks 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
- 12 months 3 days 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
- 1 year 6 hours 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
- 1 year 8 hours 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
- 1 year 8 hours 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.
CFPB and 11 States Order Prehired to Provide Students More than $30 Million in Relief for Illegal Student Lending Practices
- 1 year 1 day ago
- Lending
The Consumer Financial Protection Bureau (CFPB) and 11 states announced today that Prehired will provide more than $30 million in relief to student borrowers, for making false promises of job placement, trapping students with “income share” loans that violated the law, and resorting to abusive debt collection practices when borrowers could not pay.
Alba Bank Adopts nCino Cloud Banking Platform for SME Lending
nCino, Inc., a pioneer in cloud banking for the global financial services industry, today announced that Alba Bank (Alba) has made a significant step towards supporting the UK’s small- and medium-sized businesses (SMEs) by adopting the nCino Cloud Banking Platform.
Buy Now Pay Later: Nexi and Compass Become Strategic Partners
- 1 year 6 days ago
- Lending
Nexi – the European PayTech – and
Enfuce and Funding Circle Partner to Launch New Business Credit Card for Small Businesses
- 1 year 6 days ago
- Lending
Enfuce, the leading provider of embedded finance solutions today announces a new partnership with the UK’s leading small business lending platform, Funding Circle, to launch its new small business credit card as part of its FlexiPay product.
BR-DGE Integrates Visa Instalments Into Kenwood Travel’s Checkout, Enabling Access to Flexible Payments for Holiday Goers
- 1 year 1 week ago
- Lending
BR-DGE, a leading payment orchestration provider, has integrated Visa Instalments, an innovative API-powered solution, into Kenwood Travel’s payment offering to customers. Leveraging Visa Instalments via BR-DGE Connect, UK luxury tour operator Kenwood Travel will be able to provide greater affordability, enhanced flexibility, and security at the payment checkout to holiday goers through a BR-DGE customisable Hosted Payment Page.
finova Payment and Mortgage Services Expands Panel with Bath Building Society
- 1 year 1 week ago
- Lending
finova Payment and Mortgage Services today announces the addition of Bath Building Society to its lender panel, further expanding the diverse range of products available to its club members.
Automated Credit Control Platform Know-it Goes Mobile With A Brand-New App
- 1 year 1 week ago
- Lending
Know-it users will receive live credit management updates via the app so they are always kept in the know. The app will notify users for things such as changes to a customer’s credit report, alerts to potential customer risks including liquidations or insolvencies, and updates on their commercial debt recovery cases on the go.
Clearpay Expands Luxury Fashion Presence with Matches Partnership
- 1 year 2 weeks ago
- Lending
Clearpay, a leader in Buy Now, Pay Later (BNPL), has announced London-based luxury clothing brand MATCHES as the latest merchant to join the expanding list of retailers offering the payment solution. The premium shopping destination now offers online customers a convenient and flexible interest-free, pay-in-4 payment option, allowing even more style-conscious shoppers the opportunity to invest in highly desirable pieces from their favourite... more
Small Business Loan Approvals Dropped at Big Banks, Rose at Small Banks and Alternative Lenders in October 2023: Biz2Credit Small Business Lending Index™
- 1 year 2 weeks ago
- Lending
Small business loan approval percentages at big banks ($10 billion+ in assets) decreased again from 13.1% in September to 13% in October, according to the latest Biz2Credit Small Business Lending Index™ released today.
