Search Results for: credit score

Unicorn Fintech Veterans Launch Worth AI, the first AI-Powered Business Credit Score and Financial Underwriting Platform to Increase Data Transparency and Fuel Economic Equity
Artificial Intelligence Fintech News

Unicorn Fintech Veterans Launch Worth AI, the first AI-Powered Business Credit Score and Financial Underwriting Platform to Increase Data Transparency and Fuel Economic Equity

PR Newswire
by PR Newswire0
Stax Payments founders, Sal Rehmetullah and Suneera Madhani, harness the power of AI to build real-time data underwriting and risk management platform to speed decision making, increase risk accuracy and standardize the business credit score Worth AI, a fintech SaaS startup, officially launched and announced its artificial intelligence-powered risk management......
FICO Score Remains the Most Widely Used Credit Score in the Securitization Market, Keeping Lender Confidence
Capital Markets News

FICO Score Remains the Most Widely Used Credit Score in the Securitization Market, Keeping Lender Confidence

PR Newswire
by PR Newswire0
Study finds more than 95% of asset-backed securitizations rely on FICO Scores Recent data from independent research firm, Mercator Advisory Group, now a part of Javelin Strategy & Research, found that asset-backed securitizations (ABS) continue to rely heavily on the FICO Score as a risk and opportunity metric used to indicate......
New Study shows Extra Debit Card can Improve Users Credit Scores
Analytics Fintech News

New Study Shows Extra Debit Card Can Improve Users Credit Scores

PR Newswire
by PR Newswire0
Extra, the first debit card that builds credit and earns rewards, announced the results of proprietary credit score analysis which found that over the course of one-year, Extra card members that practiced good credit habits while successfully using the product as recommended, experienced an average overall credit score increase of 48 points......
Consumer Survey Reveals Key Relationship between Financial Confidence and Credit Scores
Finance News

Consumer Survey Reveals Key Relationship between Financial Confidence and Credit Scores

Fintech News Desk
by Fintech News Desk0
A new survey from FICO uncovered that U.S. Consumers’ feelings about their credit scores are strongly linked to their financial well-being Highlights U.S. consumers feel the toll of the current economic landscape: One-third report that they feel financially insecure and 43% say that the unstable economy is a barrier to......
Find Out if You Are Approved for an American Express Personal Card Before Impacting Your Credit Score
Finance News

Find Out if You Are Approved for an American Express Personal Card Before Impacting Your Credit Score

Fintech News Desk
by Fintech News Desk0
American Express announced that it is piloting a new application experience for its U.S. Personal Cards to help consumers apply with confidence, especially those who are unsure if they’ll qualify for a Card. During the application process, select applicants can find out if they are approved without impacting their credit......
18.7 Million U.S. Consumers in Financial Hardship Programs Experienced an Increase to their Credit Scores; Study Finds Their Performance Similar to Non-Hardship Consumers
Fintech News

18.7 Million U.S. Consumers in Financial Hardship Programs Experienced an Increase to their Credit Scores; Study Finds Their Performance Similar to Non-Hardship Consumers

Fintech News Desk
by Fintech News Desk0
TransUnion study finds that credit risk often changed based on when consumers exited hardship programs Despite financial challenges brought forth by the COVID-19 pandemic, a new study from TransUnion found that 18.7 million U.S. consumers that entered a financial hardship program experienced an increase to their VantageScore 4.0 credit risk scores......
Credit Karma Money Launches Bill Features Aimed at Helping Members Improve Their Credit Scores
Digital Payments News

Credit Karma Money Launches Bill Features Aimed at Helping Members Improve Their Credit Scores

Fintech News Desk
by Fintech News Desk0
Bill discovery, tracking and upcoming payment reminders of credit tradelines now available to help members stay on top of their bills and improve their credit scores Credit Karma Money, a single destination within Credit Karma for spending and saving, announced the launch of bill discovery, tracking and upcoming payment reminders.......
Biz2Credit Study Finds Credit Scores and Average Earnings of Women-Owned Businesses Rose, Yet Loan Approvals Lagged in 2020
Finance Fintech News

Biz2Credit Study Finds Credit Scores and Average Earnings of Women-Owned Businesses Rose, Yet Loan Approvals Lagged in 2020

Fintech News Desk
by Fintech News Desk0
Analysis of 40,000 Firms Finds Revenues and Costs Down; Texas and California Are The Top States for Loan Requests from Women-Owned Firms The annual Biz2Credit Women-Owned Business Study found that although revenues dropped for women-owned firms in 2020, their earnings grew, primarily because expenses decreased during the pandemic. Women-owned business earnings averaged......
Vanquis To Refer Declined Credit Card Applicants To Credit Score Builder Loqbox
Banking Fintech Investment Services News

Vanquis To Refer Declined Credit Card Applicants To Credit Score Builder Loqbox

Fintech News Desk
by Fintech News Desk0
UK credit card provider, Vanquis, part of the Provident Financial Group, will now refer applicants that they can’t immediately offer a credit card to, to credit builder LOQBOX, giving consumers the best chance to build a credit score and eventually be able to access credit. This is the first time......
Blockchain Business Cryptocurrency Currency Exchange Fintech News Risk Management

Zoracles Previews Blockchain Credit Scores With Uncollateralized Credit Lines

Fintech News Desk
by Fintech News Desk0
Credit is essential for any modern financial system to function properly. The issuance of credit has historically been monopolized by a few dominant financial institutions leaving smaller participants as onlookers. The developers of Zoracles Protocol are committed to democratizing credit by developing a unique algorithm to assess creditworthiness. The initial......
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