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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......
Hastings Direct Pioneers New, Customer-Centred Approach to Buying Insurance Online
Commerce E-commerce News

Hastings Direct Pioneers New, Customer-Centred Approach to Buying Insurance Online

Fintech News Desk
by Fintech News Desk0
Wunderman Thompson Commerce, the leading global eCommerce consultancy, has partnered with UK insurance provider, Hastings Direct, on their digital transformation journey to redefine the way customers buy car insurance online. The new website supports Hastings Direct’s brand message to offer customers a simple and straightforward approach to buying insurance. The......
Wedge Partners with Sila Adding Speed and Security to Smart Debit Card
Cryptocurrency Fintech News

Wedge Partners with Sila Adding Speed and Security to Smart Debit Card

Fintech News Desk
by Fintech News Desk0
Wedge, the first smart debit card that lets users pay for everyday purchases with any asset, announced a strategic partnership with Sila Inc., a premier fintech software platform that provides payment infrastructure as a service. The partnership adds an industry-leading layer of speed and safety for Wedge users, who benefit......
Financial Crime Compliance Expert From NatWest Joins Napier as CPO
Finance News Security

Napier Hires Ex-NatWest Group’s Financial Crime Compliance Expert William Monk

Fintech News Desk
by Fintech News Desk0
Napier, provider of leading anti-financial crime compliance solutions, has announced that former NatWest Group Head of Financial Crime Quality and Standards, William Monk, will become its new Chief Product Officer (CPO), while current CPO, Nick Portalski, moves to the role of Chief Solutions Officer (CSO). “Napier’s rapid growth means we’re......
Cross River and Sunstone Credit Announce Partnership
Investment Services News

Cross River and Sunstone Credit Announce Partnership

Fintech News Desk
by Fintech News Desk0
Sunstone Credit’s solar financing products customized for businesses further differentiate Cross River’s lending portfolio Cross River Bank, a technology driven infrastructure provider that offers embedded financial solutions, and Sunstone Credit, Inc., a technology-enabled solar loan finance platform for small and medium-sized businesses (SMBs), today announced a partnership to further Sunstone’s......
Future Fintech Subsidiary FTFT UK Limited to Work with Mastercard for Launch of Orbit E-money Platform and New Debit Card
E-commerce Fintech News

Future Fintech Subsidiary FTFT UK Limited to Work with Mastercard for Launch of Orbit E-money Platform and New Debit Card

Fintech News Desk
by Fintech News Desk0
Future FinTech Group Inc., a leading blockchain-based e-commerce business and a fintech service provider, announced that its subsidiary,  FTFT UK Limited, has entered into an agreement with Mastercard to partner on the impending launch of the FTFT Orbit e-money platform and Orbit Debit Mastercard, issued via FTFT UK’s partners. Mr. Shanchun......
APT Systems Verifundr Platform to Meet Growing Demand for Digital Escrow
Digital Fintech News

APT Systems Verifundr Platform to Meet Growing Demand for Digital Escrow

Fintech News Desk
by Fintech News Desk0
APT Systems, Inc., a software development and fintech company, revealed its Verifundr digital escrow platform will resolve problems facing traditional paper-based escrow systems. Verifundr is designed to serve as a fintech bridge between the old cash economy and blockchain-based smart contracts, in a fraction of the time and expense demanded......
Splash Financial Experiences Record Growth as Consumer Demand for Student Loan Refinancing Surges
Lending News

Splash Financial Experiences Record Growth as Consumer Demand for Student Loan Refinancing Surges

Fintech News Desk
by Fintech News Desk0
Splash’s proprietary lending technologies powered a 52% annual increase in student loans as the company continues to grow its lender network Splash Financial (Splash), the online lending platform that’s democratizing access to better student loan offers, announced a record-breaking 2021 and new lending partners added to its student loan pricing......
Tradeplus24 Launches Into UK With Close Of £30 Million Debt Facility From PFG
debt collection News

Tradeplus24 Launches Into UK With Close Of £30 Million Debt Facility From PFG

Fintech News Desk
by Fintech News Desk0
Tradeplus24 is launching into the UK with the close of a £30 million debt facility provided by San Francisco-headquartered global credit fund, Partners for Growth (PFG), with advice offered by debt advisory, Neu Capital. The funds will be used to rapidly scale Tradeplus24’s highly competitive revolving lines of credit for SMEs across the UK,......
i2c and Swell Team Up to Enable Next Generation Financial Products
Banking News

i2c and Swell Team Up to Enable Next Generation Financial Products

Fintech News Desk
by Fintech News Desk0
Global issuer processor joins with developer of next-gen financial app to create integrated financial platform i2c Inc., a leading provider of digital payment and banking technology, announced its strategic relationship with Swell Financial Inc., Colorado-based developer of the Swell App, which will include features to automatically control spending, tackle debt,......
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