Tag : Credit Scores

Three keys to success for embedded fintechs in 2024
Finance Fintech Guest Posts

Three Keys to Success for Embedded Fintechs in 2024

JB Orecchia
by JB Orecchia0
In the ultra-competitive financial sector, Financial Institutions (FIs) understand they need to innovate to stay relevant.  Given competing priorities, they often fall behind or struggle to keep up with the latest technology when trying to tackle innovation on their own. FIs that choose to partner with fintechs that match their......
Everything You Want to Know About the Banking Crisis and Consumer Lending
B2B Banking Guest Posts

Everything You Want to Know About the Banking Crisis and Consumer Lending

Einat Steklov
by Einat Steklov0
Recent events in the banking industry have sparked discussions regarding access to credit and lending. As some financial institutions faced a series of unprecedented challenges, there was a shift in the way lenders approached the extension of credit to individuals. Many banks tightened their risk assessment protocols and implemented stricter......
Uplinq Joins Forces with Visa to Expand Access to Working Capital for Small Business in the United States and Canada
Digital Payments News

Uplinq Joins Forces with Visa to Expand Access to Working Capital for Small Business in the United States and Canada

PR Newswire
by PR Newswire0
This strategic collaboration enables both companies to provide SME scoring and risk assessment tools to small business lenders Uplinq Financial Technologies – the first global credit decisioning support platform for small business lenders – announced its collaboration with Visa, a world leader in digital payments. Under this agreement, Visa will partner......
Prosper Utilizes FICO Scores to Improve Financial Inclusion and Expand Credit Services
Lending News

Prosper Utilizes FICO Scores to Improve Financial Inclusion and Expand Credit Services

Business Wire
by Business Wire0
Pioneer of peer-to-peer lending marketplace in the United States wins FICO® Decisions Award for Financial Inclusion Prosper, the first peer-to-peer lending marketplace in the United States, has used FICO Scores for its new Prosper Card to extend credit services to over 200,000 near-prime customers and proactively manage credit line changes......
Denver Mortgage Lender Responds to Potential New Mortgage Fee Rule Targeting Good Credit Homebuyers
Mortgage News

Denver Mortgage Lender Responds to Potential New Mortgage Fee Rule Targeting Good Credit Homebuyers

GlobeNewswire
by GlobeNewswire0
The US Mortgages In Denver wants to warn good credit homebuyers that they could be affected by the new mortgage fee rule issued by the Federal Housing Finance Agency (FHFA) in its effort boost the capital of Fannie Mae and Freddie Mac and to make it easier for homebuyers who have been......
New Study shows Extra Debit Card can Improve Users Credit Scores
Analytics Fintech News

New Study Shows Extra Debit Card Can Improve Users Credit Scores

PR Newswire
by PR Newswire0
Extra, the first debit card that builds credit and earns rewards, announced the results of proprietary credit score analysis which found that over the course of one-year, Extra card members that practiced good credit habits while successfully using the product as recommended, experienced an average overall credit score increase of 48 points......
Lumos Technologies Releases Lumos Prime+ Score for Small Business Loans Exclusively Through Lenders Cooperative
Lending News

Lumos Technologies Releases Lumos Prime+ Score for Small Business Loans Exclusively Through Lenders Cooperative

Fintech News Desk
by Fintech News Desk0
Lumos Technologies and Lenders Cooperative offers Lumos Prime+, an expected loss small business scoring model through Lenders Cooperative’s loan origination system, as a packaged solution that allows financial institutions to focus on small dollar small business lending efficiently and effectively. The partnership between Lumos and Lenders Cooperative will help ease......
Consumer Survey Reveals Key Relationship between Financial Confidence and Credit Scores
Finance News

Consumer Survey Reveals Key Relationship between Financial Confidence and Credit Scores

Fintech News Desk
by Fintech News Desk0
A new survey from FICO uncovered that U.S. Consumers’ feelings about their credit scores are strongly linked to their financial well-being Highlights U.S. consumers feel the toll of the current economic landscape: One-third report that they feel financially insecure and 43% say that the unstable economy is a barrier to......
Circa Adds Credit Reporting Through TransUnion to its Innovative Rental Payment Solution
Digital Payments News

Circa Adds Credit Reporting Through TransUnion to its Innovative Rental Payment Solution

Fintech News Desk
by Fintech News Desk0
Property owners can help residents establish and improve their credit scores while paying rent on a flexible schedule Circa, an innovative payments technology company, has added positive credit reporting through TransUnion to its rent payment solution. The addition of credit reporting to Circa’s existing offering of flexible payments and integrated......
Grow Credit Announces Two Key Hires to Rapidly Scale Financial Inclusion Platform
B2B Finance Fintech News

Grow Credit Announces Two Key Hires to Rapidly Scale Financial Inclusion Platform

Fintech News Desk
by Fintech News Desk0
Acorns’ Head of Accounting and Business Operations Joins Grow Credit as VP of Finance Grow Credit, a financial inclusion platform committed to building credit and improving credit scores, announced two key leadership hires for positions in finance and sales. Zach Cooper joins as VP of Finance, and Craig Stanton joins......
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