Search Results for: credit scores

Biz2Credit Small Business Lending Index  Finds Loan Approval Rates Rose at Banks and at Institutional and Alternative Lenders in July
Lending News

Biz2Credit Small Business Lending Index for December Finds Loan Approval Rates Continue to Rise, But at Slow Pace

Fintech News Desk
by Fintech News Desk0
Approval Percentages at Big Banks, Small Banks, Institutional Lenders, Alternative Lenders and Credit Union Still Are Roughly Half of What They Were in December 2019 Small business loan approval percentages at big banks ($10 + in assets) increased from 14.2% in November to 14.3% in December, and small banks’ approvals also rose from 19.9% in November to 20.1% in December, according to the latest Biz2Credit Small Business Lending Index™ released today. Among several categories of non-bank......
Crypto Credit Scoring Protocol CreDA Partners with FilDA to offer Leveraged and Low-Collateral Lending
DeFi Digital Asset Management Lending News

Crypto Credit Scoring Protocol CreDA Partners with FilDA to offer Leveraged and Low-Collateral Lending

Fintech News Desk
by Fintech News Desk0
Users of CreDA’s platform can now earn industry-beating lending rates through FilDA based on their Crypto Credit Score CreDA (Credit DeFi Alliance), the leading decentralized credit rating service and FilDA, the largest ever DeFi lending platform on HECO with a peak TVL of over $2 billion USD, have partnered to offer......
Addition Financial Credit Union Selects Zest AI For Loan Underwriting
Fintech Lending News

Addition Financial Credit Union Selects Zest AI For Loan Underwriting

Fintech News Desk
by Fintech News Desk0
-Addition FCU members will see better, faster credit access -Up to 40% higher approvals across auto loans, credit cards, and personal loans Addition Financial Credit Union, with more than $2.6 billion in assets and 162,000 members across Florida, announced it has partnered with Zest AI, a leader in software for AI-driven lending, to......
Experian and Oliver Wyman Find Expanded Data and Advanced Analytics Can Improve Access to Credit for Nearly 50 Million Credit Invisible and Unscoreable Americans
Analytics Fintech News

Experian and Oliver Wyman Find Expanded Data and Advanced Analytics Can Improve Access to Credit for Nearly 50 Million Credit Invisible and Unscoreable Americans

Fintech News Desk
by Fintech News Desk0
New research outlines the challenges consumers face when trying to access credit, how the financial services industry can increase financial inclusion and score 96 percent of applicants Nearly 106 million U.S. consumers are unable to secure credit at mainstream rates either because they are credit invisible, unscoreable by conventional credit......
Transigo Scores $70 Million Funding Facility to Drive the Growth of Its B2B Cross-Border Marketplace Point-of-Sale Financing Solution
B2B Fintech News

Transigo Scores $70 Million Funding Facility to Drive the Growth of Its B2B Cross-Border Marketplace Point-of-Sale Financing Solution

Fintech News Desk
by Fintech News Desk0
Fintech company Transigo, a provider of SaaS software that enables cross-border B2B marketplaces to provide point-of-sale financing to its buyers, announced today it had successfully secured a $70 million funding facility from two publicly listed companies in Israel. This facility will allow Transigo to expand its point-of-sale SaaS platform to......
Equifax First to Formalize Inclusion of 'BNPL' Payment Information in Consumer Credit Reports
Digital Payments News

Equifax First to Formalize Inclusion of ‘BNPL’ Payment Information in Consumer Credit Reports

Fintech News Desk
by Fintech News Desk0
Addition of BNPL Credit Data to Consumer Files Has Potential to Expand Access to Credit for Individuals with Limited Credit History Equifax is furthering its commitment to expand access to credit by making ‘Buy Now, Pay Later’ (BNPL) payment information part of credit reports, as identified by a new business industry......
Credit Karma Flips the Script on Tax This Season
Finance News

Credit Karma Flips the Script on Tax This Season

Fintech News Desk
by Fintech News Desk0
Credit Karma launches new tax experience to help its members in the U.S. seamlessly file their taxes through Intuit TurboTax integration and get faster access to their refund through early deposit and refund advance programs Credit Karma, the consumer technology platform with more than 110 million members in the U.S.,......
Credit Sesame Makes its Industry-First Credit Builder Banking Service Available to the General Public for Free
Fintech News

Credit Sesame Makes its Industry-First Credit Builder Banking Service Available to the General Public for Free

Fintech News Desk
by Fintech News Desk0
AI-backed Sesame Cash optimizes spending to make consumers’ money and income work for them; beta customers improved their credit score by an average of 35 points and some by more than 120 points Financial wellness platform Credit Sesame launched the general availability of its new credit builder banking technology, an all-in-one bank......
BB Energy closes first U.S. Digital Revolving Borrowing Base Credit Facility through Komgo Blockchain Partnership
Blockchain Fintech News

BB Energy closes first U.S. Digital Revolving Borrowing Base Credit Facility through Komgo Blockchain Partnership

Fintech News Desk
by Fintech News Desk0
BB Energy, a leading global independent energy trading company, successfully closed a $500 million senior secured revolving borrowing base credit facility (the “Facility”). Based on an initial launch size of $450 million, the Facility was oversubscribed with commitments received from a diverse group of 8 lenders. The Facility also has embedded a $150 million accordion......
TransUnion Announces $400,000 Commitment to Advance Financial Inclusion with Credit Builders Alliance
Fintech News

TransUnion Announces $400,000 Commitment to Advance Financial Inclusion with Credit Builders Alliance

Fintech News Desk
by Fintech News Desk0
Expanded partnership will help underrepresented populations build their credit history and financial futures More than one billion people around the world today are considered “credit invisible” or “credit disadvantaged,” unable to access financial products and services because they have little or no credit. As a global information and insights company......
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