Paylink Solutions has announced it is one of four companies, alongside PayPlan, OpenWrks and Tully, that intend to merge the debt advice and finTech sector specialists. The company says that the merger will deliver tech-enabled debt advice, financial wellbeing and credit solutions group that can deliver transformative support to customers and clients across the UK.…

Intelligent Automation (IA) is set to become the latest technology buzzword in the financial sector, with 94% of finance professionals stating they are looking to implement the technology according to new research by Visma | Onguard. The research says that despite this, 50% of finance professionals do not understand the technology or the benefits it…

Credit Connect’s hosted its first-ever Online Lending Technology Think Tank last week which saw lending strategies and the future of the sector discussed by thirteen leading professionals from a variety of lending sectors. The themes of fraud, open banking, credit risk and the future of lending were discussed by panellists and Chair Chris Warburton from…

Business finance marketplace platform Funding Options has launched Funding Cloud, a data-driven technology platform that the company says will bring scale and speed to the SME finance sector. Lenders including Just Cash Flow, iwoca, YouLend, Optimum Finance and FIBR have already integrated with Funding Cloud. By Q4 this year, the company expects to have more…

UK fintech start-up PrinSIX Technologies has announced a digital onboarding platform partnership with Welcom Digital. Welcom Digital, the developer of lending technology platform Financier, has selected the PrinSIX digital onboarding platform to extend its deployment possibilities in its end-to-end digital lending journey solution. PrinSIX offers a fully flexible platform solution to orchestrate UX, communications, internal…

Curve Credit has announced that it has partnered with challenger credit reference agency, Credit Kudos, to strengthen its affordability and risk assessments for its customers. Credit Kudos uses Open Banking to provide lenders with real-time insights into a borrower’s financial situation, and to give a fuller view of an individual’s real-time financial health. Powered by…

Ambitious new plans to help fintechs scale up and ensure the UK remains at the cutting edge of digitalising finance have been announced by the Chancellor. Speaking at Fintech Week, Chancellor Rishi Sunak set out proposals to enhance the UK’s competitive advantage in fintech, from regulatory support and reforms to help firms grow to a…

Applications for finance have soared since the lifting of lockdown restrictions, according to intelligent decisioning technology provider LendingMetrics. The company has seen traffic rise 60-65% on its LMX platform during the first two weeks of April, compared to levels during the same weeks in March. Lenders that use its automated decisioning platforms witnessed loan applications…

Britain’s financial firms and regulators should step up the use of technology to cut the cost of compliance and make the City of London more globally competitive, according to a new report. The report from the corporation that runs London’s ‘Square Mile financial district called for the removal of barriers to engineering a ‘paradigm shift’…

The Lending Technology Think Tank has confirmed its agenda and speaker line-up ahead of the event next Thursday (22nd April). The inaugural Lending Technology Think Tank has been created as an online event platform so that lending and creditor professionals can specifically discuss the role of the technology as we potentially emerge from the pandemic,…

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