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Capitalise Teams Up with Plaid

Finovate

The partnership enhances Capitalise’s lending origination service by removing friction from the funding process. “Open Banking sits at the core of SME credit decisioning and brings confidence to underwriting risk assessments,” Capitalise Co-Founder Ollie Maitland said. are embracing open banking technology.

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Sub-Prime Lending’s Late-Year Bounce

PYMNTS

In the year between Q2 2017 and Q2 2018, sub-prime consumer loan originations grew 28 percent between Q2 2017 and Q2 2018 across the categories of auto loans, mortgage loans and credit cards. This reverses the previous year’s trend, between 2016 and 2017, when sub-prime loan originations across categories fell by 7.1

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Origination Scores: Say “Yes” to More Credit Applicants

FICO

Origination Scores Offer Targeted Insight. Origination scores add significant value above and beyond the FICO ® Score, which is based solely on the data found in a consumer’s credit bureau file. Machine Learning Enhances Origination Decisions. As a result, financial institutions may be saying ‘no’ to good customers.

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Circle Raises US$1.05 Billion in IPO Debut, Valued at Over US$8 Billion

Fintech News

Earlier in the week, Circle had raised expectations by increasing the offering size to 32 million shares at US$27 to US$28 apiece, a jump from the original plan to offer 24 million shares between US$24 and US$26. Morgan, Citigroup, and Goldman Sachs acting as lead underwriters.

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Addressing Portfolio Risk in Economic Uncertainty: Part 2 (2022)

FICO

If we think of a lending portfolio as an exclusive night club, its underwriting policy acts as the doorperson, checking IDs and making sure anyone trying to enter meets minimum acceptance criteria. Traditional underwriting risk management strategy approach in stressed versus unstressed economy. Senior Director, Scores.

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7 Fast-Growing Fintech Startups in Thailand

Fintech News

Ascend Money Founded in 2013, Ascend Money is a fintech startup in Thailand that is part of the Ascend Group, a digital technology business conglomerate providing digital financial, e-commerce, data and cloud services. Opn Founded in 2013, Opn is a provider of online payment solutions and digital transformation services.

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How to Address Portfolio Risk Volatility Through Economic Uncertainty - Part 2

FICO

If we think of a lending portfolio as a night club, its underwriting policy acts as the doorperson, checking IDs and making sure anyone trying to enter meets documented criteria. FICO® Scores, often an important contributor to underwriting strategies, are designed to provide valuable risk rank-ordering through all economic cycles.

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