Gen Z Consumers Are Using Credit More, and Differently, than Their Millennial Counterparts at the Beginning of their Credit Journeys
- 22 hours 24 min ago
- Lending
Gen Z consumers are tapping into credit at higher levels than their Millennial counterparts did in the early stages of adulthood (ages 22-24). TransUnion released these findings today at the company’s 2024 Financial Services Summit, attended by nearly 300 global financial services executives.
GoTyme Bank’s Shareholders Acquire SAVii, the Largest Fintech Salary Lender in the Philippines
- 1 day 2 hours ago
- Lending
GoTyme Bank, one of the fastest-growing banks in the country, is set to propel the expansion of its payroll-enabled financial products through the recent acquisition of SAVii by GoTyme’s major shareholders.
Network International Rolls Out Mastercard Installments Across the UAE
- 1 week 1 day ago
- Lending
Mastercard and Network International, the leading enabler of digital commerce across the Middle East and Africa have collaborated to roll out Mastercard Installments in the UAE. The program, which is now available across merchants in the UAE, gives consumers the flexibility to split their purchases into installments across Mastercard’s merchant network – online and in-store.
Topps Tiles Selects GoCardless to Launch Its Strategic Trade Pay offering, Deepening Its Footprint in the Trade Market
- 1 week 1 day ago
- Lending
Topps Tiles, the UK’s number one tile specialist, has tapped bank payments company GoCardless to power the payments behind Trade Pay, its newly launched trade credit scheme which gives traders the ability to regularly pay on credit in Topps Tiles stores.
Plend and Monevo Partner to Provide More Inclusive Lending Options
- 1 week 2 days ago
- Lending
Plend, a UK-based consumer lender, has partnered with Monevo, an innovative credit eligibility and distribution platform, empowering over 150 credit providers and banks to host, manage and distribute pre-qualified credit offers. The partnership aims to provide more inclusive lending options by offering pre-qualified personal loans to customers across the UK, utilising Plend's proprietary technology.
How Making One BNPL Purchase Per Week Could Require 300+ Separate Payments Each Year
- 1 week 3 days ago
- Lending
With more than 14 million people in the UK using buy now pay later (BNPL), TotallyMoney investigates the different payment structures, and asks if complexity and a lack of consistency and regulation are leading to millions of people struggling to manage payments: The average customer makes 4 BNPL transactions per month — resulting in 12 separate payments for the typical ‘pay in three’ plan
Nuvo Enhances Credit Application Software with Equifax Commercial Credit Information
- 1 week 6 days ago
- Lending
Nuvo, the fastest trade credit management platform for B2B sellers, has announced a strategic relationship with Equifax®, a leading global data, analytics and technology company.
Together Selects nCino to Revolutionise its Lending Business
- 2 weeks 2 days ago
- Lending
nCino, Inc., a pioneer in cloud banking for the global financial services industry, today announced that Together, one of the UK’s leading property lenders, has selected nCino’s Cloud Banking Platform to revolutionise and future-proof its business.
Allica Bank Achieves First Full Year Profit – Just Three Years Since Opening Doors to Lending
- 2 weeks 3 days ago
- Lending
Allica Bank today released its Annual Report for the year ending 31 December 2023, underlining a period of continued growth, strong financial metrics and watershed achievements. Since opening for lending in 2020, Allica is the UK’s only full-service digital bank built solely for established SME businesses (typically with 5-250 staff, that make up over a third of the UK economy).
Aryza and Dotdigital Forge Strategic Alliance to Revolutionise Customer Experience in Credit and Debt Management
- 3 weeks 3 hours ago
- Lending
Aryza Group, a leading provider of financial software solutions, announces its strategic partnership with Dotdigital, an all-in-one customer experience and data platform. This partnership enhances customer experience when they access credit and debt solutions.
Finastra Launches Online Marketplace for Easy Access to Retail Lending Solutions
- 3 weeks 1 day ago
- Lending
Finastra, a global provider of financial software applications and marketplaces, today announced the launch of the Solution Store, an innovative online platform that offers customers the convenience of browsing and purchasing Finastra retail lending solutions. The innovative online platform streamlines the procurement process, making solutions available to purchase around the clock.
EquiLend Launches Orbisa Securities Lending Data on Bloomberg Terminal
- 3 weeks 3 days ago
- Lending
EquiLend, the global technology, data and analytics company for the securities finance industry, today announced that it has launched Orbisa securities lending data on the Bloomberg App Portal.
Satago Partners with mmob to Simplify and Speed Up its Embedded Finance Proposition
- 3 weeks 6 days ago
- Lending
Today, Satago, a leading fintech that provides Working Capital solutions, and mmob, the universal API adaptor, announced the launch of a new partnership. This collaboration enables lenders and corporates to embed Satago’s flexible Invoice Finance and Cash Flow solutions, using mmob’s hyper-efficient integration capabilities.
finova Launches New Customer Retention Portal as Millions of Homeowners Approach the End of Fixed-term Deals
- 4 weeks 3 hours ago
- Lending
finova, the UK’s largest cloud-based mortgage and savings software provider, has today announced the launch of its new retention portal, the latest addition to the company’s suite of servicing products for lenders.
