ChannelLife US - Industry insider news for technology resellers
United States

Credit Stories - Page 2

American Stories

Credit stories

Global Stories

Credit stories

InDebted launches API for AI collections compliance
Software-as-a-Service

InDebted launches API for AI collections compliance

Financial firms face tighter scrutiny as the API checks AI debt-collection messages in real time and flags vulnerable customers.

By Karen Joy Bacudo • 3 min read • Thu, 26th Mar 2026
LemFi secures AUSTRAC approval to launch in Australia
Fintech

LemFi secures AUSTRAC approval to launch in Australia

LemFi wins AUSTRAC approval to launch remittances in Australia, targeting a USD $38.2 billion outbound market serving migrant communities.

By Sofiah Nichole Salivio • 4 min read • Wed, 4th Feb 2026
UK finance jobs surge, led by tech & fintech roles
Digital Transformation

UK finance jobs surge, led by tech & fintech roles

UK finance jobs jumped 13% in 2025 as tech and fintech hiring surged, with London tightening its grip and banking still leading the field.

By Mark Tarre • 3 min read • Thu, 29th Jan 2026
Extend unveils open-source AI toolkit for smarter finance
Virtualisation

Extend unveils open-source AI toolkit for smarter finance

Extend unveils an open-source AI toolkit enabling businesses to analyse financial data with advanced automation and multi-framework integration.

By Catherine Knowles • 3 min read • Mon, 12th May 2025

Stories from Other Regions

Credit stories

Revolut hits 1m Aussie users, plans AUD $400m push
Disaster Recovery

Revolut hits 1m Aussie users, plans AUD $400m push

Revolut passes 1m Australian customers and vows nearly AUD $400m investment, stepping up its challenge to local digital banking rivals.

By Melania Watson • 4 min read • Mon, 9th Feb 2026
Grab uses FICO data platform to widen SEA credit access
Data Protection

Grab uses FICO data platform to widen SEA credit access

Grab Finance taps FICO data tech to automate credit checks across six Southeast Asian markets and boost eligibility by nearly 50%.

By Joseph Gabriel Lagonsin • 4 min read • Fri, 6th Feb 2026
Cloover raises USD $1.222bn to boost home clean energy
Software-as-a-Service

Cloover raises USD $1.222bn to boost home clean energy

Berlin's Cloover secures USD $1.222bn to scale AI-powered financing for home solar, batteries and heat pumps across Europe.

By Sofiah Nichole Salivio • 4 min read • Wed, 21st Jan 2026
FinTech Australia opens entries for 2026 Finnie Awards
Crypto

FinTech Australia opens entries for 2026 Finnie Awards

FinTech Australia opens entries for the 2026 Finnie Awards, marking the programme's tenth year with revamped categories and a new Sydney venue.

By Mark Tarre • 4 min read • Mon, 19th Jan 2026
Griffin processes GBP £3 billion as revenue surges
Disaster Recovery

Griffin processes GBP £3 billion as revenue surges

UK bank Griffin posts fivefold revenue surge as it processes GBP £3 billion in payments and signs more than 50 platform customers.

By Kaleah Salmon • 3 min read • Mon, 12th Jan 2026
Insolvencies rise despite economic optimism
Supply Chain

Insolvencies rise despite economic optimism

Quarterly business failures climbed to 777, signalling pressure from debt and tight credit even as confidence improves across the economy.

By Staff Writer • 4 min read • Wed, 3rd Dec 2025
UK credit card balances hit record high as payment rates decline
Financial institutions

UK credit card balances hit record high as payment rates decline

UK credit card balances hit a record GBP £1,915 in August 2025 as payment rates decline and financial stress grows among cardholders, reports FICO.

By Jed Nykolle Harme • 4 min read • Wed, 15th Oct 2025
UK consumers & SMBs seek smarter, flexible payment solutions
Crypto

UK consumers & SMBs seek smarter, flexible payment solutions

UK consumers and SMBs increasingly seek flexible, AI-powered payment solutions that offer personalised convenience and support cash flow amid funding challenges.

By Shannon Williams • 4 min read • Wed, 17th Sep 2025
UK credit card balances rise as payment rates decrease in June
Buy Now Pay Later

UK credit card balances rise as payment rates decrease in June

UK credit card balances climbed to an average GBP £1,885 in June as spending rose 4.6%, while payment rates fell, signalling financial strain for many households.

By Sean Mitchell • 3 min read • Thu, 4th Sep 2025
Advance.CBP unveils new Makati office & plans for credit access
Fintech

Advance.CBP unveils new Makati office & plans for credit access

ADVANCE.CBP opens new office in Makati, unveiling advanced credit scoring solutions to boost financial inclusion across the Philippines.

By Catherine Knowles • 3 min read • Fri, 30th May 2025
Grapple to acquire Spenda portfolio, boosting SME finance
Small Business

Grapple to acquire Spenda portfolio, boosting SME finance

Grapple plans to acquire Spenda's invoice finance portfolio, aiming to enhance its presence in the booming Australian SME market.

By Catherine Knowles • 3 min read • Wed, 26th Feb 2025
Yonder & Griffin innovate credit with new top-up feature
Fintech

Yonder & Griffin innovate credit with new top-up feature

Yonder partners with Griffin to launch Top-ups, allowing users to increase their credit limits and improve payment processes for enhanced financial flexibility.

By Kaleah Salmon • 2 min read • Thu, 20th Feb 2025
Loopit gains traction with flexible car subscriptions
Economics

Loopit gains traction with flexible car subscriptions

The car subscription model is rising in Australia, offering consumers alternatives to traditional loans amid inflation and economic uncertainty.

By Catherine Knowles • 2 min read • Sun, 5th Jan 2025