Tag : Credit

Elevated Payment Solutions Named Business of the Year in Reno
Digital Payments News

Elevated Payment Solutions Named Business of the Year in Reno

EIN Presswire
by EIN Presswire0
Reno payment processor earns Consumer Ratings Institute recognition for public review performance serving Northern Nevada and California merchants. Elevated Payment Solutions has been named Business of the Year in Reno by the Consumer Ratings Institute, recognizing the local payment company’s strong public review performance serving merchants across Northern Nevada and......
AI Credit Underwriting: Why Lenders Need Decision Traceability Before Model Expansion
Artificial Intelligence Digital Payments Featured Finance Fintech Lending

AI Credit Underwriting: Why Lenders Need Decision Traceability Before Model Expansion

Fintech Staff Writer
by Fintech Staff Writer0
AI can improve credit decisions by incorporating more signals, identifying risk patterns, and enabling faster reviews. That promise matters in lending, where small changes in decisions can affect approval rates, pricing and customer access. AI credit underwriting also creates a higher evidence burden. You need to explain how the decision......
Pivex Introduces a Subscription Option for Traders Who Need More Than One Evaluation Attempt
News Trading

Pivex Introduces a Subscription Option for Traders Who Need More Than One Evaluation Attempt

EIN Presswire
by EIN Presswire0
The recurring plan grants a challenge account each billing cycle and banks unused accounts as credits, lowering the cost per attempt. Pivex, a proprietary trading firm that runs one-step evaluations, has added a recurring purchase option for its challenge accounts. The option, called Membership, runs alongside the existing one-time purchase......
Wells Fargo Awards $1.3 Million Grant to Ascendus to Grow Small Businesses Across Four States
Fintech Funding Investment Services News

Wells Fargo Awards $1.3 Million Grant to Ascendus to Grow Small Businesses Across Four States

EIN Presswire
by EIN Presswire0
Announced on stage at the iHeartRadio New York’s Z100 Summer Bash presented by Wells Fargo, the grant pairs $900,000 in capital with more than 200 hours of coaching for entrepreneurs, supporting 170+ jobs At the iHeartRadio New York’s Z100 Summer Bash presented by Wells Fargo, Wells Fargo announced a $1.3......
EXL Closes New $1 Billion Senior Secured Credit Facility
Banking Finance News

EXL Closes New $1 Billion Senior Secured Credit Facility

GlobeNewswire
by GlobeNewswire0
EXL (NASDAQ: EXLS), a global data and AI company, announced the closing of a new credit facility with PNC Bank, N.A., as Administrative Agent, and a syndicate of lenders that allows for borrowings of up to $1 billion. Bank of America, N.A., JPMorgan Chase Bank, N.A., and TD Bank, N.A.......
EDGE Expands Score Suite for Smarter Decisions Across the Consumer Credit Lifecycle
Credit Bureaus Digital Payments News

EDGE Expands Score Suite for Smarter Decisions Across the Consumer Credit Lifecycle

EIN Presswire
by EIN Presswire0
The cashflow bureau adds two new scores and an upgraded EPD Score to help lenders assess near-term repayment risk, liquidity, and account health. EDGE, the cashflow bureau and consumer reporting agency built by lenders for lenders, today announced two new cashflow scores and an upgraded Early Payment Default Score, expanding......
David Crammond Joins RiskThinking.ai to Expand Customer Franchise and Accelerate Revenue Growth
Finance News

David Crammond Joins RiskThinking.ai to Expand Customer Franchise and Accelerate Revenue Growth

EIN Presswire
by EIN Presswire0
RiskThinking.ai announces that David Crammond has joined the company to drive growth of its customer franchise and revenue base. RiskThinking.ai, a financial risk analytics firm focused on turning climate risk into practical financial metrics, announced that David Crammond has joined the company to drive growth of its customer franchise and......
Primary Funding Accelerates New Client Origination on XEN
Finance Fintech Funding News

Primary Funding Accelerates New Client Origination on XEN

EIN Presswire
by EIN Presswire0
XEN, a leading origination and management platform for factors and lenders, today announced a partnership with Primary Funding, a California-based factor and direct lender for over 30 years, who now manages all new client origination on the XEN platform. Since launching on XEN earlier this year, Primary Funding has streamlined its......
New Leaf Debt Solutions Recognized for Empowering Canadians Through Financial Education and Debt Counselling
Finance News

New Leaf Debt Solutions Recognized for Empowering Canadians Through Financial Education and Debt Counselling

EIN Presswire
by EIN Presswire0
Consumer Choice Award is proud to announce that New Leaf Debt Solutions has been named the 2026 Consumer Choice Award winner in the Credit & Debt Counselling Service category. This recognition reflects the organization’s commitment to helping Canadians regain financial stability through trusted guidance, education, and support. New Leaf Debt......
PRN Funding Expands Revolving Credit Facility to Support Continued Growth
Finance Fintech Funding News

PRN Funding Expands Revolving Credit Facility to Support Continued Growth

EIN Presswire
by EIN Presswire0
PRN Funding, LLC (“PRN Funding”), a leading provider of invoice factoring solutions for the homecare industry, announced today that it has closed on a senior secured revolving line of credit with Fifth Third Bank. The new facility refinances and increases PRN Funding’s existing line of credit by fifty percent and......
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