Category : Credit Bureaus

CFPB Announces Steps to Prevent the Weaponization of Credit Reporting SystemCFPB Announces Steps to Prevent the Weaponization of Credit Reporting System
Consumer protection laws Credit Bureaus debt collection Featured

CFPB Announces Steps to Prevent the Weaponization of Credit Reporting System

Sudipto Ghosh
by Sudipto Ghosh0
To prevent the weaponization of existing credit rating systems by debt collectors and insurance agents, the CFPB has taken stringent steps. CFPB has released a report on how various agents are misusing credit rating systems to coerce people. Amid COVID-19, there is a total outstanding of around $88 billion USD......
CircleUp Appoints Nick Brown President of CircleUp Credit Advisors
Business Credit Bureaus News

CircleUp Appoints Nick Brown President of CircleUp Credit Advisors

Fintech News Desk
by Fintech News Desk0
Former OnDeck Chief Risk Officer and 20-year industry veteran to scale the credit business CircleUp, a private market data aggregation company, announced that Nick Brown has been appointed President of CircleUp Credit Advisors, which provides capital to private businesses, effective March 1, 2022. Prior to joining CircleUp Credit Advisors, Brown spent four years......
Glia Partners with Over 150 Credit Unions to Deliver Digital Member Service
Credit Bureaus Digital News

Glia Partners with Over 150 Credit Unions to Deliver Digital Member Service

Fintech News Desk
by Fintech News Desk0
Growing number of credit unions leverage Glia’s Digital Member Service platform to boost efficiencies and improve the member and employee experience Glia, a leading provider of Digital Customer Service, announced  that more than 150 credit unions selected its Digital Member Service platform to transform how they engage with members in a......
Miami Credit Union Testifies Before Senate And Asks For Funding To Better Serve Low-Income & Minority Borrowers
Credit Bureaus

Miami Credit Union Testifies Before Senate And Asks For Funding To Better Serve Low-Income & Minority Borrowers

Fintech News Desk
by Fintech News Desk0
JetStream Federal Credit Union CEO Jeanne Kucey Calls Attention To Vital Impact Of Community Development Financial Institutions JetStream Federal Credit Union’s CEO, Jeanne Kucey, appeared before the Senate Committee on Banking, Housing, and Urban Affairs Subcommittee on Financial Institutions and Consumer Protection, where she appealed to the Committee members to......
CuneXus and Zest AI Partner to Improve Financial Wellness
Credit Bureaus Finance News

CuneXus and Zest AI Partner to Improve Financial Wellness

Fintech News Desk
by Fintech News Desk0
Perpetual lending platform embeds AI-driven credit scores, expands consumer access to affordable credit CuneXus, the first and only digital storefront for financial institutions’ account holders, announced a strategic partnership with Zest AI, the leader in software for more inclusive underwriting, improving consumer access to affordable lines of credit. .@CuneXus and......
Uplinq Looks East with fundii Partnership
Credit Bureaus Lending News

Uplinq Looks East with fundii Partnership

Fintech News Desk
by Fintech News Desk0
Transformative credit assessment platform, Uplinq, is delighted to announce a new partnership with fundii, the only equity fundraising platform dedicated to tech startups across the Middle East and North Africa (MENA) region By providing billions of unique and validated data signals, which go beyond traditional credit indicators, Uplinq helps small......
Central Minnesota Credit Union to Become Magnifi Financial
Credit Bureaus Finance News

Central Minnesota Credit Union to Become Magnifi Financial

Fintech News Desk
by Fintech News Desk0
Name and visual identity change reflects expanding business, customer focus Central Minnesota Credit Union (CMCU), a member-owned financial services cooperative, announced that it is changing its name to Magnifi Financial, effective March 1. As part of the transition, CMCU will unveil a new visual identity, including logo, signage, website and......
Unemployment Financial Service Money Trumpet Provides Assistance To Those With Bad Credit
Credit Bureaus Finance News Security

Unemployment Financial Service Money Trumpet Provides Assistance To Those With Bad Credit

Fintech News Desk
by Fintech News Desk0
Financial services company Money Trumpet has published an article that details some of the ways that those with bad credit in the U.K. can become eligible for financial assistance to cover unavoidable emergency expenses. The blog post says that getting financial assistance when one has bad credit is a difficult,......
People's United Bank Provides $89.6 Million in Credit Facilities to CCO, LLC
Banking Credit Bureaus News

People’s United Bank Provides $89.6 Million in Credit Facilities to CCO, LLC

Fintech News Desk
by Fintech News Desk0
People’s United Bank, N.A., announced that it served as Lead Arranger, Book Runner and Administrative Agent for several credit facilities totaling $89.6 Million to Rocky Hill, CT-based CCO, LLC, and its associated entities. The senior revolving and term loan facilities will be used to refinance existing debt, acquire twelve sites in CT, support......
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