Search Results for: credit scores

Cross River and Operation Hope Provide Life-Changing Improvement for Consumers’ Financial Health
Finance News

Cross River and Operation Hope Provide Life-Changing Improvement for Consumers’ Financial Health

Business Wire
by Business Wire0
Financial literacy program aided in reducing client debt during challenging environment where Federal Reserve saw consumer credit rates increase Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, is pleased to share mid-year results from its partnership with Operation Hope: HOPE Inside Cross River, which provides life-changing......
Firstcard Announces $4.7 Million in Seed Funding To Build Better Banking for College Students
Banking News

Firstcard Announces $4.7 Million in Seed Funding To Build Better Banking for College Students

Business Wire
by Business Wire0
Firstcard, a fintech startup building better banking for college students, announced that it has raised $4.7 million in Seed funding from VCs and Angels such as AngelList Early Stage Quant Fund. This comes a year after the company’s $3 million Pre-Seed fundraise, bringing the total funding to date to $7.7......
Everything You Want to Know About the Banking Crisis and Consumer Lending
B2B Banking Guest Posts

Everything You Want to Know About the Banking Crisis and Consumer Lending

Einat Steklov
by Einat Steklov0
Recent events in the banking industry have sparked discussions regarding access to credit and lending. As some financial institutions faced a series of unprecedented challenges, there was a shift in the way lenders approached the extension of credit to individuals. Many banks tightened their risk assessment protocols and implemented stricter......
RET Ventures Leads $3-Million Seed Funding Round in Rent Butter, a Next-Generation Tenant Screening Product
Banking Investment Services News

RET Ventures Leads $3-Million Seed Funding Round in Rent Butter, a Next-Generation Tenant Screening Product

Business Wire
by Business Wire0
Startup creates a more accurate, equitable way for owners of multi and single-family and manufactured housing to assess potential residents Rent Butter, the first advanced tenant screening solution designed specifically for workforce and affordable housing, announced the completion of its seed financing round. The $3-million round was led by RET......
Artificial Intelligence Digital Featured Fintech Technology

Risks Associated With the Integration of Deficient Chatbots

Pooja Choudhary
by Pooja Choudhary0
Summary Introduction Chatbot use in consumer finance Exclusive industry insights Use of large language models and AI Growth and adoption in the financial industry Problems consumers encountered while engaging with chatbots Technical limitations and associated security risks The perils of implementing flawed chatbots Conclusion Introduction Chatbots are computer programs that......
Uplinq Joins Forces with Visa to Expand Access to Working Capital for Small Business in the United States and Canada
Digital Payments News

Uplinq Joins Forces with Visa to Expand Access to Working Capital for Small Business in the United States and Canada

PR Newswire
by PR Newswire0
This strategic collaboration enables both companies to provide SME scoring and risk assessment tools to small business lenders Uplinq Financial Technologies – the first global credit decisioning support platform for small business lenders – announced its collaboration with Visa, a world leader in digital payments. Under this agreement, Visa will partner......
Cross River Partners with Current to Further Its Mission of Financial Inclusion and Serving the Underbanked Population of 26 Million
Fintech News

Cross River Partners with Current to Further Its Mission of Financial Inclusion and Serving the Underbanked Population of 26 Million

Business Wire
by Business Wire0
Solution addresses critical credit history problem currently restricting access to credit and financial stability for millions Credit building product will enable members of Current to build credit histories through a single spending balance Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, and Current, a......
Analytics Artificial Intelligence Featured Finance Fintech Primers

AI Dynamics In Financial Services- WEF

Pooja Choudhary
by Pooja Choudhary0
In this data-rich industry, every aspect of AI dynamics matters. There are several uses for AI in the financial sector. Perhaps the greatest benefit of artificial intelligence is the vast potential for automation it offers. Therefore, financial institutions may benefit from automation in many ways that boost production and efficiency.......
Petal Closes New $200 Million Debt Facility from Victory Park Capital, Raises Additional Debt and Equity Funding
Investment Services News

Petal Closes New $200 Million Debt Facility from Victory Park Capital, Raises Additional Debt and Equity Funding

Business Wire
by Business Wire0
Petal also secures new term loan facility with Trinity Capital for up to $20 million, along with $20 million in new equity funding, providing fuel to grow as U.S. open banking becomes a reality Credit card and financial technology company Petal announced that it has closed a committed $200 million......
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