Tag : Credit Decisions

Analytics B2B B2C Featured Risk Management

Real-Time Data Analytics in B2B BNPL: Powering Credit Decisions and Insights

Fintech Staff Writer
by Fintech Staff Writer0
As Buy Now, Pay Later (BNPL) gains traction in B2B commerce, real-time data analytics is emerging as a critical factor in providing timely and precise credit assessments. In B2B BNPL, where transactions are often larger and payment terms are more complex than in consumer models, real-time data analytics offers a......
CFPB Acts to Protect the Public from Black-Box Credit Models Using Complex Algorithms
Compliance management Consumer protection laws Featured

CFPB Acts to Protect the Public from Black-Box Credit Models Using Complex Algorithms

Sudipto Ghosh
by Sudipto Ghosh0
Companies relying on complex algorithms must provide specific and accurate explanations for denying applications The Consumer Financial Protection Bureau (CFPB) confirmed that federal anti-discrimination law requires companies to explain to applicants the specific reasons for denying an application for credit or taking other adverse actions, even if the creditor is......
MeasureOne and TurnKey Lender Partner to Empower Lenders with Consumer-Permissioned Data
Fintech Lending News

MeasureOne and TurnKey Lender Partner to Empower Lenders with Consumer-Permissioned Data

Fintech News Desk
by Fintech News Desk0
MeasureOne, the leading consumer-permissioned data platform, is pleased to announce a new partnership and integration with TurnKey Lender. Combined with TurnKey Lender’s AI-driven Decision Engine, MeasureOne’s automated VOIE solution will help to streamline the consumer lending experience and give a wider population of borrowers access to credit. Via TurnKey Lender, lenders......
Lokyata Enables Better Loan Decisioning for Financial Institutions Through Latest Enhancements to Automated Credit Decisioning Tool, BankAnalyze
Credit Bureaus Fintech News

Lokyata Enables Better Loan Decisioning for Financial Institutions Through Latest Enhancements to Automated Credit Decisioning Tool, BankAnalyze

Fintech News Desk
by Fintech News Desk0
Lokyata, a company focused on delivering products that digitize, automate, and scale lenders’ credit decisions, has released its latest enhancements to BankAnalyze, a real-time, automated credit decisioning tool that enables lenders to instantly review a bank statement and render an “approve,” “reject” or “manual review” decision. “BankAnalyze is a next-generation tool......
TransUnion to Maximize Financial Inclusion Opportunities for the Nearly 100 Million Consumers Using BNPL Loans
debt collection Digital Payments News

TransUnion to Maximize Financial Inclusion Opportunities for the Nearly 100 Million Consumers Using BNPL Loans

Fintech News Desk
by Fintech News Desk0
New solution suite will help people using BNPL loans get credit for their payments today and establish credit long-term Up to 100 million U.S. adults* have used buy now pay later (BNPL) loans at least once in the past 12 months, but financial institutions currently do not have access to......
Great American Insurance Group’s Executive Liability Division and Assurely Begin Relationship Towards a New Era of Insurance
Finance News

Avail Finance Goes Live with Scienaptic’s Decisioning Engine to Power Credit Decisions

Fintech News Desk
by Fintech News Desk0
Over 500,000 applications processed supporting exponential growth Leading global AI-powered credit decision platform provider, Scienaptic AI, announced that Avail Finance has gone live on its credit decisioning platform. The implementation is helping Avail Finance to enhance its credit decisioning for India’s blue-collared workforce. Avail Finance provides the blue-collared workforce with......
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