Search Results for: credit application

Trustgrid Now Serves 20% of Community Banks and Credit Unions
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Trustgrid Now Serves 20% of Community Banks and Credit Unions

Fintech News Desk
by Fintech News Desk0
Trustgrid, a pioneer and leader in secure, cloud-native software-defined connectivity, announced the company has achieved a notable milestone in its quest to provide advanced networking capabilities to banks and credit unions. The connectivity platform now extends to 1 in 5 banks and credit unions in the United States. Read More: Curioinvest......
Revenued Simplifies PPP Loan Application Process
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Revenued Simplifies PPP Loan Application Process

Fintech News Desk
by Fintech News Desk0
Clear guidelines and proprietary software cut approval time from days to minutes Revenued is a pioneering small business financing company that so far has over 30,000 second-round Paycheck Protection Program (PPP) loans approved by the SBA. The firm recently conducted an informal survey to help them better understand and improve......
Boast.AI Secures $100M to Fuel R&D Tax Credit-Based Financing for Startups
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Boast.AI Secures $100M to Fuel R&D Tax Credit-Based Financing for Startups

Fintech News Desk
by Fintech News Desk0
Boast.ai, a software innovator whose flagship product automates the complex process of applying for R&D tax credits, has secured a $100 million credit facility from Brevet Capital, a leading alternative credit investment and specialty finance firm, to launch an innovative financing platform enabling startups to receive cash advances on R&D tax credits......
Consumers Credit Union Selects Baker Hill NextGen® as FinTech Partner
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Consumers Credit Union Selects Baker Hill NextGen® as FinTech Partner

Fintech News Desk
by Fintech News Desk0
Baker Hill, the leading financial technology provider in delivering solutions for loan origination, risk management, and analytics, announces a new partnership with Consumers Credit Union. The Kalamazoo, Michigan-based credit union has selected Baker Hill NextGen®, Baker Hill’s unified solution, to support its growth, update lending procedures, and leverage member data to enhance......
Tinkoff applies encryption tech from oneFactor to protect client data in AI credit scoring module
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Tinkoff Applies Encryption Tech From oneFactor to Protect Client Data in AI Credit Scoring Module

Fintech News Desk
by Fintech News Desk0
Tinkoff, one of Europe’s largest and most innovative digital banks, has began using an AI-powered predictive analytics tools, based on combined data from multiple sources, including telecom operators, Russia’s largest credit bureau and Tinkoff itself. This is made possible by the oneFactor platform, which uses a Hardware Security Module (HSM)......
Vanquis To Refer Declined Credit Card Applicants To Credit Score Builder Loqbox
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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......
TomoCredit Raises $7 Million in Seed Funding to Open Access to Credit for “Cash Rich, Credit Poor” Individuals and Help Build and Boost Credit Scores
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TomoCredit Raises $7 Million in Seed Funding to Open Access to Credit for “Cash Rich, Credit Poor” Individuals and Help Build and Boost Credit Scores

Fintech News Desk
by Fintech News Desk0
Barclays and KB Investment invest in credit card startup that approves first-time borrowers such as international students and young adults, based on real-time cash flow, not credit score TomoCredit, a fintech startup offering a credit card designed to build credit history for first-time borrowers, today announced a $7 million seed......
LexisNexis launches alternative credit scores
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LexisNexis Launches Alternative Credit Scores

Fintech News Desk
by Fintech News Desk0
LexisNexis Risk Solutions today unveiled LexisNexis RiskView Optics and RiskView Spectrum, two alternative credit scores supported by a comprehensive view of consumer credit risk culminating from years of innovation and research. Read More: Reef Finance Becomes the Marquee Project in Pioneering Decentralized Finance with Binance, the World’s Largest Cryptocurrency Exchange RiskView......
Incognia Fintech Mobile App Study Gives Top Ranking to Chime, Robinhood and Credit Sesame for Lowest Mobile Onboarding Friction
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Incognia Fintech Mobile App Study Gives Top Ranking to Chime, Robinhood and Credit Sesame for Lowest Mobile Onboarding Friction

Fintech News Desk
by Fintech News Desk0
Mobile App Friction Study highlights the need for frictionless security and customer ease of use Mobile identity company Incognia today announced the publication of their inaugural Mobile App Report in 2021, the first in a series, that includes results from their recent Mobile App Friction Study on Fintech Onboarding. The study was conducted to......
Biz2Credit Small Business Lending Index Finds Loan Approval Rates at Banks Have Plummeted More Than 50% Since Last January
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Biz2Credit Small Business Lending Index Finds Loan Approval Rates at Banks Have Plummeted More Than 50% Since Last January

Fintech News Desk
by Fintech News Desk0
Small business loan approval percentages at big banks ($10 billion+ in assets) increased slightly to 13.2% in January 2021 from December 2020’s figure of 13.1%, according to the latest Biz2Credit Small Business Lending Index™ released today. In comparison, one year ago in January 2020, big banks approved a record high......
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