Search Results for: credit scores

Carbonplace and Visa Team Up for Carbon Credit Transfer
Digital Payments News

Carbonplace and Visa Team Up for Carbon Credit Transfer

Fintech News Desk
New transaction paves the way for real-time, secure, and transparent cross-border carbon credit settlements Carbonplace, the new carbon credit settlement platform jointly developed by some of the world’s largest financial institutions, has announced the successful pilot transfer of carbon credits through its system in collaboration with global payments technology company Visa.......
Ascendus Goes Live On Scienaptic’s Platform For AI-Powered Credit Underwriting To Strengthen SMB Lending
Artificial Intelligence News

Ascendus Goes Live On Scienaptic’s Platform For AI-Powered Credit Underwriting To Strengthen SMB Lending

Fintech News Desk
Scienaptic platform projected to drive up to 30% more approvals from existing leads Leading global AI-powered credit decision platform provider, Scienaptic AI announced that the deployment of its platform at Ascendus is now live. The implementation enhances Ascendus’ credit decisioning and helps the lender make advanced loan decisions for small and medium-sized businesses. “Our......
Self Financial Becomes First Consumer Credit Company to Report Rent Payments to All Three Major Credit Bureaus
Credit Bureaus News

Self Financial Becomes Consumer Credit Company to Report Rent Payments to All Three Major Credit Bureaus

Fintech News Desk
The company also launches one-stop credit building platform to its customers Self Financial, a leading fintech company that makes credit and savings accessible to U.S. consumers, announced that in addition to Equifax and TransUnion, it now also reports rent payments to Experian. This makes Self the first and only direct-to-consumer......
68% of Consumers Believe Racism is Present in U.S. Financial and Credit Scoring Systems: Zest AI Survey
Artificial Intelligence News

68% of Consumers Believe Racism is Present in US Financial and Credit Scoring Systems: Zest AI Survey

Fintech News Desk
Findings suggest credit-reporting firms’ grip on the industry is wavering as consumers demand more accuracy, transparency, and options Zest AI, a leader in AI-powered software for underwriting, released a new study of over 1,000 consumers’ views on the financial and credit scoring systems in America. More than two-thirds of those......
Reputation DAO Raises US$4.75 Million to Build Reputation Scores and Increase Access to Defi
DeFi News

Reputation DAO Raises US$4.75 Million to Build Reputation Scores and Increase Access to Defi

Fintech News Desk
Reputation DAO, a verifiable, decentralized and programmable reputation service for DeFi, has announced it has raised US$4.75 million (EUR€4.365 million) in seed funding investment from DACM, AirTree Ventures, Koji Capital and Framework Ventures. Sergey Nazarov, co-founder of Chainlink, has also joined Reputation DAO as an advisor. DeFi markets continue to grow rapidly,......
Biz2Credit Small Business Lending Index Reports Business Loan Approval Rates Rose Slightly in June 2022
Business Lending News

Biz2Credit Small Business Lending Index for March 2022 Finds Approval Rates Rise Again at Banks

Fintech News Desk
Small business loan approval percentages at big banks ($10m + in assets) rose from 14.7% in February to 14.9% in March, and small banks’ approvals also increased from 20.5% in February to 20.6%, according to the latest Biz2Credit Small Business Lending Index™ released. Among several categories of non-bank lenders, approval percentages also climbed. Institutional lenders approved 25.3% of funding requests in March, up......
Nova Credit Expands Into Europe, Unlocking Credit for Immigrants Excluded From Archaic Cross-Border Credit System
Credit Bureaus Fintech News

Nova Credit Expands Into Europe, Unlocking Credit for Immigrants Excluded From Archaic Cross-Border Credit System

Fintech News Desk
Nova Credit, the fintech unlocking opportunities for those historically excluded from the credit system and companies looking to serve them, has announced the company’s expansion into Europe. The company will focus initially on the UK with the ambition to serve the whole European market. Nova Credit Co-Founder Nicky Goulimis will......
Arkansas Federal Credit Union Taps Scienaptic’s AI-Powered Credit Decisioning Platform
Artificial Intelligence News

Arkansas Federal Credit Union Taps Scienaptic’s AI-Powered Credit Decisioning Platform

Fintech News Desk
Deployment of AI platform to bolster auto loans Leading global AI-powered credit decision platform provider Scienaptic AI announced that Arkansas Federal Credit Union has chosen its AI-based underwriting technology to improve the credit union’s loan decisioning process and make advanced decisions for community members. “We are excited to be part of this......
Pintec Empowers Wagepay to Upgrade Digital Credit Services
Fintech News

Pintec Empowers Wagepay to Upgrade Digital Credit Services

Fintech News Desk
Pintec Technology Holdings Limited, a leading provider of financial technology solutions, announced that its partner Wagepay Pty. Ltd. (Wagepay), an Australian Pay-on-Demand service provider, has recently launched its second generation mobile application and a completely redesigned and rebranded website. In partnership with Pintec, the premium wage advance platform has offered......
65% of Americans Mistakenly Think Carrying A Credit Card Balance Helps Their Score
Lending News

65% of Americans Mistakenly Think Carrying A Credit Card Balance Helps Their Score

Fintech News Desk
New LendingTree Report Finds More than Half Haven’t Checked Their Score in a Month Americans are making credit card mistakes that are costing them money and impacting their credit scores, according to the latest LendingTree survey. One big reveal was that almost two-thirds of consumers believe carrying a credit card balance......
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