Curve and Infact agree real-time credit partnership

Digital payment card specialist, Curve has announced a strategic partnership with challenger credit bureau Infact, using its Flex product in real-time reporting API.

Will Mason, CEO of Infact said “This partnership demonstrates the benefits to lenders and consumers of accurately representing interactions with financial products on a credit report. Say goodbye to confused consumers missing out on the tangential benefits of positive credit information and look to the future of lending where a significant amount of the risk is removed from the system because of incomplete, and inaccurate data. Infact is leading the charge in the modernisation of the UK’s credit information market, and this partnership with Curve is a vital step forward.”

Shachar Bialick, CEO of Curve said “We’re committed to using data more intelligently in order to unlock the most rewarding way to pay at Curve and curate financial products that work for everyone. Partnering with Infact removes one of the largest blockers for our customers when it comes to assessing creditworthiness, while ensuring we’re lending responsibly. The ability to report credit information in real-time is another huge benefit we are providing Curve customers, as well as a signal to the industry more generally; that this is the beginning of significant, necessary institutional change in expanding access to credit.”