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Affirm’s Flexible and Transparent Pay-Over-Time Options Now Available in the UK

Fintech Finance

Founded in 2012, Affirm’s mission is to build honest financial products that improve lives. Affirm underwrites every individual transaction before making a real-time credit decision and only approves consumers following an assessment that evidences their ability to repay.

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Fintech Success : Is Innovation the Holy Grail or Evolution the Key?

The Fintech Times

At The Fintech Times we frequently encounter companies touting their latest products as ‘innovative’ that promise to ‘revolutionise’ the industry. John Pyall, head of underwriting and product, Great Lakes Assurance SE “Let’s use our culture to evolve properly.”

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Cloud-based FI Software Provider nCino Goes Public

PYMNTS

The underwriters of the offering will have a 30-day option to purchase up to 1.1 Founded in 2012, nCino has raised $213 million in venture-backed funding, according to Crunchbase, the San Francisco provider of business data about private and public companies. and $24.00 per share, per a release. . million. .

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Avant Brings SaaS Lending Tech To Banks

PYMNTS

Avant is best known among its financial services peers as a FinTech firm, founded to throw automation and an artificial intelligence (AI)-enhanced underwriting process at the problem of creating accessible, affordable personal loans for consumers. Avant’s consumer-facing product is devised as a digital alternative to that market.

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The Final CFPB Prepaid Card Rule Is Here (Expect Controversy)

PYMNTS

The use of prepaid cards has exploded over the last decade or so — in 2003 consumers put less than $1 billion on prepaid cards annually, but by 2012 that figure had grown to $65 billion and by 2018 that figure is projected to reach as much as $121 billion. The user base of prepaid cards has grown significantly as well. More Controversial .

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Affirm Expands Installment Payment Options To Any On, Offline Store

PYMNTS

Over the past 7 years, millions of customers have come to love the simplicity and transparency of shopping with Affirm — and they want to use our product everywhere,” said Max Levchin, co-founder and CEO of Affirm. Affirm’s proprietary underwriting model only approves users for what they can responsibly afford,” the release indicates. .

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How Can the Insurance Industry Lead Sustainable Initiatives and Mitigate Climate-Related Risks?

The Fintech Times

“Launched in 2012, the UN Environment Programme’s Principles for Sustainable Insurance Initiative (PSI) acts as a framework for the industry to tackle ESG risks and opportunities. The Paratus Group’s purpose is to facilitate decarbonisation by accelerating the transition to renewable energy and sustainable fuels.