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New Tool by TotallyMoney Aims to Address Credit Card Application Challenges

The Fintech Times

With millions of UK adults experiencing credit rejection and facing potential downselling practices by lenders, the introduction of this feature aims to address these challenges. Additionally, only 40 per cent of consumers are aware that they might receive a different APR or credit limit than advertised.

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Fast and Flexible, Not Furious: How Top Card Issuers Win the Race

Fintech News

This includes pricing, instalments, multi-currency accounting, credit limits, interest calculations, exceptions, fees and commissions, authentication validity periods, risk operations, workflows, and more. Instead of hard coding, they create new products using flexible parameters. CMS migration or launch from scratch how long?

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The Rise of Synthetic Identity Fraud in Financial Services

Fi911

These synthetic identities often use valid Social Security numbers belonging to children or individuals without credit histories, combined with fictitious names and addresses. Instead, they nurture synthetic identities for years, making small purchases, paying bills on time, and gradually increasing credit limits.

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Addressing Portfolio Risk in Economic Uncertainty: Part 3 (2022)

FICO

Addressing Portfolio Risk in Economic Uncertainty: Part 3 (2022). For revolving credit portfolios in particular, proper attention must be directed toward maintaining asset and revenue growth. Building portfolio risk resilience into customer management. Saxon Shirley. Thu, 05/12/2022 - 07:46. by Jim Patterson. expand_less Back To Top.

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DEUNA and Hands In Partner to Revolutionize the Online Checkout Experience

Fintech Finance

By incorporating Hands In’s technology, DEUNA merchants can now offer customers the ability to split payments across multiple cards, overcoming barriers such as credit limits and insufficient funds. This partnership will enable DEUNA to integrate Hands In’s Multi Card Payments and Group Payments into their checkout services.

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GoTo Expands TikTok Partnership with ‘Buy Now, Pay Later’ Service

Fintech News

The service offers credit limits of up to IDR 10 million (approximately US$ 613) and flexible repayment terms ranging from 1 to 12 months, without requiring a minimum transaction amount. GoTo Financial, the financial arm of GoTo Group, seeks to address this gap with GoPay Later.

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Three Ways to Improve the Relationship Between Credit and Sales

Trade Credit & Liquidity Management

Understanding these perspectives helps you identify and address any misconceptions, paving the way for smoother collaboration. Share Expertise: Communicate your credit knowledge, industry trends, and benchmark customer comparisons with the sales team. Advance notice allows sales to address problems early and maintain customer trust.