Search Results for: credit application

CFPB Acts to Protect the Public from Black-Box Credit Models Using Complex Algorithms
Compliance management Consumer protection laws Featured

CFPB Acts to Protect the Public from Black-Box Credit Models Using Complex Algorithms

Sudipto Ghosh
by Sudipto Ghosh0
Companies relying on complex algorithms must provide specific and accurate explanations for denying applications The Consumer Financial Protection Bureau (CFPB) confirmed that federal anti-discrimination law requires companies to explain to applicants the specific reasons for denying an application for credit or taking other adverse actions, even if the creditor is......
CreditPoint Announces Launch of New Bureau Management Library
Business News Risk Management

CreditPoint Announces Launch of New Bureau Management Library

Fintech News Desk
by Fintech News Desk0
CreditPoint Software LLC, the leading provider of credit risk management software in the Fintech order-to-cash space, announced the launch of its new Bureau Management Library. With the launch of BML, CreditPoint now has over 15 built-in API integrations to the world’s leading bureaus and business data reporting systems. The goal......
Lendflow Launches Powerful Credit Decisioning Engine to Transform the Embedded Credit Space
Lending News

Lendflow Launches Powerful Credit Decisioning Engine to Transform the Embedded Credit Space

Fintech News Desk
by Fintech News Desk0
The new product launch cements Lendflow as a major player in the embedded finance industry Lendflow, the market leader in embedded lending, announced its new Credit Decisioning Engine that enables Fintechs and Vertical SaaS companies to easily build, embed and launch credit products such as credit cards, buy-now-pay-later, and small......
KKR Closes Inaugural Asia Credit Fund at US$1.1 Billion
Lending News

KKR Closes Inaugural Asia Credit Fund at US$1.1 Billion

Fintech News Desk
by Fintech News Desk0
KKR, a leading global investment firm, announced the final close of KKR Asia Credit Opportunities Fund, a US$1.1 billion fund focused on performing privately originated credit investments in Asia Pacific. “Our credit strategy is highly complementary to our existing equity strategies in Asia, and the close of ACOF represents a......
Sharonview Federal Credit Union Selects Upstart for Personal Lending
Lending News

Sharonview Federal Credit Union Selects Upstart for Personal Lending

Fintech News Desk
by Fintech News Desk0
Sharonview Federal Credit Union, a top credit union serving over 100,000 members in the Carolinas and nationwide, announced it has partnered with Upstart, a leading artificial intelligence (AI) lending platform, to offer AI-powered personal loans to more people.   “With Sharonview’s focus on improving the financial standing of our members,......
StellarFi Selects LiveLike to Bring Interactive Features to Platform Aimed at Increasing Credit Access for Underserved Communities
Finance Fintech News

StellarFi Selects LiveLike to Bring Interactive Features to Platform Aimed at Increasing Credit Access for Underserved Communities

Fintech News Desk
by Fintech News Desk0
Technology Partnership Sets Course to Empower Communities and Provide Easy Access to Educational Tools StellarFi, on a mission to provide unprecedented access to credit-building and financial tools to underserved communities, has tapped LiveLike, a technology company dedicated to empowering digital experiences, to bring best-in-class engagement capabilities to the new financial platform, currently......
Deserve Secures $250M Credit Facility from Goldman Sachs, Cross River and Waterfall Asset Management
Fintech News

Deserve Secures $250 Million Credit Facility from Goldman Sachs, Cross River and Waterfall Asset Management

Fintech News Desk
by Fintech News Desk0
Additional capital to bolster fast-paced growth of industry-leading, digital-first credit card platform Deserve, the venture-backed fintech company expanding and powering the real-time credit card economy, announced a new $250 million credit facility with Goldman Sachs, Cross River, and Waterfall Asset Management. “We’re proud to support Deserve’s growth with our credit......
CUNA Mutual Group And WithClutch Partner To Help Credit Unions Recapture And Refinance High Interest Consumer Debt
debt collection Fintech News

CUNA Mutual Group And WithClutch Partner To Help Credit Unions Recapture And Refinance High Interest Consumer Debt

Fintech News Desk
by Fintech News Desk0
CUNA Mutual announces investment in WithClutch to bring solution to more credit unions CUNA Mutual Group announced it will partner with WithClutch, a fintech platform focused on allowing consumers to refinance high interest consumer loans through a digitally-enabled and frictionless process. The platform turns every member touchpoint into a recapture-opportunity......
Fyle Launches Real-Time Spend Management on Visa Credit Cards
Fintech News

Fyle Launches Real-Time Spend Management on Visa Credit Cards

Fintech News Desk
by Fintech News Desk0
Fyle Inc announced the launch of a real-time spend management solution for customers using corporate and small business cards in the US, starting with Visa. Fyle will be one of the first spend management platforms to offer direct, and real-time transaction feeds to users of any Visa-powered credit card, with......
ORNL Federal Credit Union Partners with Alkami to Power Its Digital Banking Experience
Banking News

ORNL Federal Credit Union Partners with Alkami to Power Its Digital Banking Experience

Fintech News Desk
by Fintech News Desk0
Move to new digital banking platform supports credit union’s strategic focus on retail and business banking Alkami Technology, Inc., a leading cloud-based digital banking solutions provider for banks and credit unions in the US, announced that ORNL Federal Credit Union is implementing the Alkami Platform to amplify its digital banking experience with......
1