Roughly two years ago, PYMNTS Intelligence, working in collaboration with Sezzle, found that 80 million U.S. consumers lacked reliable access to credit, which means that they’d been rejected upon applying for credit at least once in the then-recent past. The read across has been that...
FICO and TransUnion Kenya partnered to broaden access to credit in Kenya. “By leveraging enriched data and analytics, lenders can now make more informed decisions, which foster greater economic empowerment and build a more resilient financial ecosystem,” the companies said in a news release Tuesday...
The Consumer Financial Protection Bureau (CFPB) filed an amicus brief Thursday (Jan. 16), saying it aims to ensure that credit reporting companies are held accountable for “junk data” and don’t secure “loopholes” in the law that prevent that accountability. The regulator filed the amicus brief in a...
TransUnion plans to purchase Mexico’s biggest credit bureau’s consumer credit business for $560 million. The deal, announced Thursday (Jan. 16), makes it the majority owner of Trans Union de Mexico, an arm of the country’s Buró de Crédito. “Our expansion in Mexico continues our commitment to making trust possible...
October 09, 2024
Despite the volatility month to month on credit card debt, per government reports, the trend remains, generally, upward and to the right. And for consumers already shouldering that card debt, where historically high interest rates are a hallmark, even with recent interest rate cuts, personal loans and debt consolidation offerings beckon. The latest consumer credit […]
September 20, 2024
Stocks had a historic week, as the Dow hit new highs and the Fed made a bit of history of its own — and the FinTech IPO Index soared 4.5%,...
April 20, 2021
Every online interaction a customer has with a company can be assessed to measure customers’ intent and be turned into actionable insights that businesses can use to prevent fraud and...
February 27, 2019
Lawmakers grilled the heads of Equifax, Experian and TransUnion, calling the credit reporting a “broken” system — and new legislation introduced this week has some far-reaching changes. In the meantime,...
April 22, 2025
Affirm will begin reporting all its pay-over-time loans to TransUnion, beginning with those issued May 1. The buy now, pay later (BNPL) provider’s expanded credit reporting will include its Pay in 4 and longer-term monthly installments, the companies said in a Tuesday (April 22) press release. While consumers will see details about all Affirm transactions […]
February 18, 2025
FICO and TransUnion Kenya partnered to broaden access to credit in Kenya. “By leveraging enriched data and analytics, lenders can now make more informed decisions, which foster greater economic empowerment...
January 16, 2025
The Consumer Financial Protection Bureau (CFPB) filed an amicus brief Thursday (Jan. 16), saying it aims to ensure that credit reporting companies are held accountable for “junk data” and don’t secure “loopholes”...
January 16, 2025
TransUnion plans to purchase Mexico’s biggest credit bureau’s consumer credit business for $560 million. The deal, announced Thursday (Jan. 16), makes it the majority owner of Trans Union de Mexico, an arm of...
