Search Results for: alternative lenders

ezbob and Esme Loans, Pick up the 2019 Banking Technology Award for ‘Best Fintech Partnership’
Banking Fintech Funding

ezbob and Esme Loans, Pick up the 2019 Banking Technology Award for ‘Best Fintech Partnership’

Fintech News Desk
ezbob and Esme Loans win two Banking Industry Awards in 2019: announced as winners of the ‘Best Fintech Partnership’ award in both FinTech Futures’ Banking Technology Awards and earlier this year The Banker’s highly-regarded Tech Projects Awards for their transformation of the SME lending experience. ezbob, a provider of Straight......
Artificial Intelligence Banking Digital Payments Featured Finance Fintech Lending Machine Learning Risk Management Security

Exploring The Rise of AI-Enhanced Credit Scoring Systems

Rishika Patel
The rise of AI-enhanced credit scoring systems marks a significant shift in how financial institutions assess creditworthiness. Traditional credit scoring models have long been constrained by a limited set of factors, often excluding individuals without formal credit histories. However, AI-based models leverage a broader range of data sources, including non-traditional......
Nova Credit and Akoya Announce Partnership to Enable Access to Cash Flow and Income Analytics
Analytics Finance Fintech News

Nova Credit and Akoya Announce Partnership to Enable Access to Cash Flow and Income Analytics

Business Wire
Nova Credit, the credit infrastructure and analytics company, and Akoya, the 100% API-connected data access network, announced a partnership to help lenders deploy cash flow and income analytics to improve credit decisioning. “As the industry embraces open banking, we look forward to deepening our relationship with Akoya to deliver the......
Open Lending Partners with Securian Financial Group
Lending News

Open Lending Partners with Securian Financial Group

Business Wire
Automotive lending enablement provider adds insurance provider to its roster of highly rated carriers Open Lending Corporation an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, today announced a partnership with Securian Financial Group, Inc. (“Securian Financial”). The partnership enables Open Lending to provide insurance......
Equifax Canada Exploring How Payday Loan Data Could Help Drive Financial Inclusion
Fintech Lending News

Equifax Canada Exploring How Payday Loan Data Could Help Drive Financial Inclusion

GlobeNewswire
Equifax Canada, a global data, analytics, and technology company, is committed to promoting financial inclusion and access to fair and responsible credit opportunities for all Canadians. As part of this commitment, Equifax is exploring how data sources not traditionally used in credit scores, such as payday loans, could help create......
New PayNearMe Study Reveals Growing Importance of Customer Experience in Loan Repayment
Digital Payments Fintech News

New PayNearMe Study Reveals Growing Importance of Customer Experience in Loan Repayment

PR Newswire
As consumer demand for alternative payment options and personalized experiences increases, growing dissatisfaction with traditional loan repayment processes reaches a tipping point PayNearMe, the fintech company bringing progress to payments, released a study titled, Consumer Trends Driving the Future of Loan Payments, which reveals that challenges in the loan repayment......
Empower Signs Definitive Agreement to Acquire Petal, and Completes Acquisition of Cashalo, to Accelerate Access to Fair Credit for Underserved Consumers
Lending News

Empower Signs Definitive Agreement to Acquire Petal, and Completes Acquisition of Cashalo, to Accelerate Access to Fair Credit for Underserved Consumers

PR Newswire
Empower enters the U.S. credit card category and the Southeast Asian credit market, poised to revolutionize lending with a smarter, more inclusive approach to underwriting and product innovation. Empower Finance, Inc. has entered into a definitive agreement to acquire Petal, a consumer credit card and financial technology company headquartered in New York,......
KBRA Releases Research – Trends in Home Improvement ABS
Fintech News

KBRA Releases Research – Trends in Home Improvement ABS

Business Wire
Historically low mortgage rates piled with high housing prices have offered a new avenue for Asset Backed securities. KBRA releases research analyzing new issue activity, loan characteristics, borrower attributes, and performance trends for the home improvement ABS segment of the unsecured consumer loan market. Many homeowners in today’s market are......
KBRA Releases 12 Things in Credit: January 2024
Finance Fintech News

KBRA Releases 12 Things in Credit: January 2024

Business Wire
Among the wide-ranging topics Van has addressed over the past month are what rising credit card delinquencies signal, the anatomy of a soft landing, and the significance of nonbanks’ growing share of lending. 12 Things in Credit Hello, market participants! We started our weekly podcast, Van Hesser’s 3 Things in......
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