Tag : credit reporting

Credit Cards and BNPL Instruments Key to Financial Well-being
Analytics Digital Payments Featured Fintech Fintech Primers

Credit Cards and BNPL Instruments Key to Financial Well-being

Sudipto Ghosh
Credit cards and BNPM instruments have emerged as important FinTech tools in the post-pandemic world. Marqeta 2022 State of Credit Report has found an inflated cost of living is a worrisome development in that US. The recent developments are heavily weighing down on the consumers even as new lending options......
Genesis and CredHub Launch Partnership to Help the Multi-Family Industry with Collections
Digital Payments News

Genesis and CredHub Launch Partnership to Help the Multi-Family Industry with Collections

Fintech News Desk
The combination of rental credit reporting and debt collection services provide a powerful way for Property Managers to lower payment delinquency. Columbia Debt Recovery (dba Genesis) and CredHub announce collaboration to increase ease of access for the nations’ Multi-Family Providers when it comes to submitting tenant payments, or missed payments......
Players Health Launches Breakthrough Sports Insurance Product on Socotra’s Modern Policy Core Platform
Compliance management Consumer protection laws Credit Bureaus Featured

Latest Advisory to Protect Privacy When Companies Compile Personal Data

Fintech Staff Writer
Advisory affirms that “permissible purposes” are required to use and share personal data linked with credit reports and background reports Today, the Consumer Financial Protection Bureau (CFPB) issued a legal interpretation to ensure that companies that use and share credit reports and background reports have a permissible purpose under the......
Bloom Credit Adds New Clients ALTRO, Eve Financial, Upwardli, and Many Others
Credit Bureaus News

Bloom Credit Adds New Clients ALTRO, Eve Financial, Upwardli, and Many Others

Fintech News Desk
Company Nearly Doubles Client Base in Q1 Amid Surging Demand for Its Credit Data Platform Bloom Credit, an API platform company that simplifies the way businesses integrate with the credit bureaus, announced ALTRO (formerly Perch Credit), Eve Financial, and Upwardli among more than a dozen new clients added in Q1. Integration with Bloom Credit......
Fintech CreditRich Signs New Agreement with Qolo
Digital Payments News

Fintech CreditRich Signs New Agreement with Qolo as New Payments Processor to Enhance Existing App

Fintech News Desk
This Deal Now Creates Continued Pathways for Improving Credit and Building Wealth in Underserved Communities CreditRich, the new fintech that allows users to round up their spare change to pay their bills intelligently and optimize their credit scores as fast as possible, announced a newly executed contract with Qolo, the......
Equifax, Experian and TransUnion Extend Free Weekly Credit Reports Through End of 2022
Economy Finance News

Equifax, Experian and TransUnion Extend Free Weekly Credit Reports Through End of 2022

Fintech News Desk
Big Three U.S. Credit Reporting Agencies Continue to Offer Free Weekly Credit Reports to Consumers Amidst Pandemic and Economic Uncertainty The three nationwide credit reporting agencies – Equifax, Experian and TransUnion – are taking joint action to extend the pandemic response service offering free weekly credit reports to consumers through the......
CFPB Issues Bulletin on ‘No Surprises Act’ to Stop Unlawful Medical Debt Collection
Consumer protection laws Credit Bureaus debt collection Featured News Risk Management

CFPB Issues Bulletin on ‘No Surprises Act’ to Stop Unlawful Medical Debt Collection

Sudipto Ghosh
Thanks to Consumer Financial Protection Bureau (CFPB), consumers availing of emergency medical services will get more protection from debt collection and credit bureaus. Last week, the CFPB released a bulletin related to the No Surprises Act. This step was taken to create awareness among debt collection agents and credit bureaus......
Credit Acceptance Announces Completion of $250.1 Million Asset-Backed Financing
Banking News

Credit Acceptance Announces Completion of $250.1 Million Asset-Backed Financing

Fintech News Desk
Credit Acceptance Corporation announced the completion of a $250.1 million asset-backed non-recourse secured financing (the “Financing”).  Pursuant to this transaction, we contributed loans having a value of approximately $312.6 million to a wholly-owned special purpose entity which will transfer the loans to a trust, which will issue three classes of......
MeridianLink Introduces Pam Murphy as Newest Member of its Board of Directors
Cloud Mortgage News

MeridianLink Introduces Pam Murphy as Newest Member of its Board of Directors

Fintech News Desk
MeridianLink, Inc., a cloud-based technology company that enables banks, credit unions, mortgage lenders, specialty lending providers, and consumer reporting agencies (CRAs) to streamline loan decision making and origination, and credit reporting and background screening workflows, today introduced Pam Murphy as the most recent addition to its board of directors. Murphy......
Scale LLP Hires Silicon Valley Fintech Duo
Fintech News

Scale LLP Hires Silicon Valley Fintech Duo

Fintech News Desk
Jamie Wells and Alex Gershen bring Silicon Valley Fintech & Financial Services Litigation Practice to Scale LLP Scale LLP, the Silicon Valley-based distributed law firm, announced that it has hired San Francisco fintech team Jamie Wells and Alexander Gershen to join the firm’s Fintech & Financial Services group. Wells will......
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