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.
Finfra & Xendit Partner On New Risk-Reducing Lending Feature
- 1 year 2 weeks ago
- Lending
Finfra, the lending infrastructure provider that operates in Indonesia together with its licensed peer-to-peer lending affiliate Danabijak, has announced a new partnership with Xendit that will bring automated collections of revenue-based financing to businesses across Indonesia.
Amazon Business Adds Affirm as First Buy Now, Pay Later Provider at Checkout
- 1 year 3 weeks ago
- Lending
Today, Amazon and Affirm announced an expanded partnership that makes Affirm the first pay-over-time option available at checkout on Amazon Business, a business-to-business (B2B) store that helps businesses of all sizes digitize and automate procurement with powerful management controls and analytic tools—all within the familiar experience of Amazon.
finova Welcomes Digital Lender Molo to its Lender Panel
- 1 year 3 weeks ago
- Lending
finova Payment and Mortgage Services today announces its partnership with digital mortgage lender Molo, further expanding the portfolio of lending products available to finova’s directly authorised (DA) broker club.
Four in ten SMEs Prefer Fintech Lenders Over Mainstream Banks When Seeking Business Finance
- 1 year 3 weeks ago
- Lending
Four in ten (40%) UK small and medium-sized businesses (SMEs) claim it is easier for them to access finance from fintech lenders rather than mainstream banks, according to new research from Sonovate, an alternative finance and payment solutions provider. Alternative finance options increasingly offer a lifeline for UK SMEs, with seven in ten (70%) admitting they wouldn’t have survived the current cost of living crisis if it wasn’t for these... more
UK Lenders Prioritise Affordability Checks as Struggling Brits Turn to Borrowing to Make Ends Meet
- 1 year 1 month ago
- Lending
Higher loan rejections and limited traditional affordability checks are impacting Brits’ ability to access credit to help make ends meet, according to new research from Tink, the market leader in open banking. Findings from a survey of 1,000 UK borrowers - those who hold either a mortgage or loan - suggest that a significant number of Brits today need to find a way to bridge the gap between income and expenditure each month.
Origence Announces Lisa Bodell as A Keynote Speaker for Lending Tech Live ’24 Conference
- 1 year 1 month ago
- Lending
Origence, the leading lending technology solutions provider for credit unions, announces Lisa Bodell as a keynote speaker for its Lending Tech Live ’24 conference, scheduled June 25-27, 2024, at the Marriot Marquis in San Diego, California.
Lowell Leverages Medallia to better Understand and Support Customers in Challenging Economic Climate
- 1 year 1 month ago
- Lending
Medallia, the global leader in customer and employee experience, today announced an expansion of its relationship with Lowell, one of the largest debt collection agencies in the UK, as the company continues its focus on building a customer-centric culture.
Driving Economic Viability: Ingenico and Jifiti Simplify Embedded Lending Integration for Merchants
- 1 year 1 month ago
- Lending
Ingenico, the global leader in payment acceptance solutions, joins forces with Jifiti, the global-leading fintech in white-labeled embedded lending, in a landmark worldwide alliance.
Mondu Secures FCA Registration and Launches with 16 British Businesses
- 1 year 1 month ago
- Lending
Mondu, the fast-growing B2B payments company, has today announced it has successfully registered with the Financial Conduct Authority (FCA) and will begin working with 16 British clients immediately.
1 in 3 British Adults Embrace BNPL, with Nearly Four in Five BNPL Customers Finding it Helpful in Reducing Financial Stress
- 1 year 1 month ago
- Lending
Clearpay, a leader in Buy Now, Pay Later (BNPL), has today published research revealing that BNPL use is rising across all age groups, with 30% of British adults using the service to make at least one payment over the 12 months ending August 2023. BNPL was most popular among Millennials and Gen X, at 41% and 36% respectively.
UK SMEs in Jeopardy as Bank Lending Dries Up
- 1 year 1 month ago
- Lending
New research from independent SME funder, Bibby Financial Services (BFS), highlights a significant threat to the UK economy as banks appear to be retreating from lending to small businesses.
Sonovate Increases Securitisation to £240M, Bolstering its Lending Capabilities and International Reach
- 1 year 1 month ago
- Lending
Sonovate, the leading provider of finance and payment solutions for the contingent workforce, has announced a significant increase in its securitisation to £240 million from the £165 million announced last year. This latest development comes with the strategic addition of Lloyds Bank to its group of finance providers.
