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Vast Majority of Credit-Challenged Consumers Remain Locked out of Traditional Credit Markets

PRNewswireFebruary 21, 20205 min
OppLoans, a leading financial technology platform that serves middle income, credit-challenged consumers, released its latest insights on sub-36% APR loan availability for non-prime consumers through the first month of 2020. Through OppLoans’ proprietary TurnUp referral program – in which OppLoans checks the market voluntarily on behalf of applicants for sub-36% APR small dollar installment loans with approximately 15 near-prime lenders before presenting options through the OppLoans’ platform – the fintech firm is able to offer...

Yuanben blockchain and Hakuhodo work together to help consumers fall in love with advertising

FTB News DeskFebruary 11, 20197 min
Emerging technologies such as blockchain, AI, and big data are driving development and innovation in the advertising industry. Japanese advertising giant Hakuhodo released a message on their official website on January 31, indicating the company would now be working with a Chinese blockchain technology service provider, Yuanben, and a famous Japanese company United, to develop a new form of digital advertising based on the blockchain business model, Collectable AD. In a recent industry report, Group M,...

Consumers Now Have Opportunity to Raise Credit Scores Instantly by Adding Data to Their Experian Credit Report

FTB News DeskDecember 18, 201811 min
Experian ushers in a new age of consumer empowerment and financial access In a move that will reshape the way consumers get access to credit, ExperianÂź, the world’s leading information services company, announced today it will launch Experian Boost, a free, groundbreaking online platform that allows consumers to instantly influence their credit scores. Through the new platform, consumers can grant permission for Experian Boost to connect to their online bank accounts to identify and access...

Klarna Cuddles Up With Gravity Blanket To Give Consumers The Luxury Of Paying Over Time

FTB News DeskNovember 19, 20187 min
Today, Klarna, a leading global payments provider, announced a new collaboration with Gravity Blanket, creator of weighted blankets and sleep products engineered to naturally reduce stress and increase relaxation. Shoppers will now be able to use Klarna’s Slice it and brand-new Slice it in 4 products, which allow consumers to pay for their products in installments. “By helping consumers purchase their items over time, we can improve the buying journey,” said Michael Rouse, Chief Commercial Officer...

MO Tecnologias Partners with i2c to Give Latin American Consumers

FTB News DeskOctober 25, 20187 min
Instant Access to Loans Loaded on Cards, i2c Payments Processing Technology Integrated with MO Credit Suite, Giving Consumers Access to Digital Payments and Instant ‘Loan-to-Card’ MO Tecnologias LLC (MO), a leading Fintech who has developed an innovative patent-pending proprietary credit scoring technology and loan management platform, is pleased to announce that it has selected payments processing services provider i2c as its technology partner to integrate advanced card functionality with MO’s credit suite and loan management digital platforms. This...

INDOCHINO Chooses Klarna to Give Consumers the Power to Pay Over Time

FTB News DeskOctober 24, 201811 min
Today, global payments provider, Klarna, has announced a new partnership with INDOCHINO, a leading retailer of custom suits, shirts, and accessories for the modern man. INDOCHINO shoppers can now Slice it at the checkout by using Klarna’s online consumer financing to easily spread the cost of their purchase over 6-36 months. Slice it has a simple 4-step credit application process, real-time decisioning and is offered within the merchant’s own website – no re-directs – for...

Report Maps FinTech Revenue Models That Are Getting Traction With US Consumers

FTB News DeskOctober 23, 201816 min
FinTechs offering financial health-oriented solutions are making inroads into consumers’ trust and showing the industry that companies can do well by doing good REDWOOD CITY, Calif., Oct. 23, 2018 /PRNewswire/ — Omidyar Network, the impact investing firm established by Pierre Omidyar, the founder of eBay, and Oliver Wyman, the global management consultancy, today released “Breaking New Ground in FinTech: A Primer on Revenue Models that Create Value and Build Trust.“ The research report maps out a new set of practices by...

CSI announced the acquisition of Velocity Solutions

BusinessWireSeptember 19, 20244 min
CSI, a leading provider of end-to-end financial software and technology, announced the acquisition of Velocity Solutions. Velocity offers financial institutions best-in-class account and deposit acquisition, customer engagement and retention solutions as well as intelligent software for serving consumer liquidity through overdraft management. Through the Velocity Intelligent Platform¼, the company’s powerful analytics support banks and credit unions in managing risk while driving revenue, account holder engagement and non-interest income. With a track record spanning nearly 30...
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