Lending Briefing: How fintechs are redefining credit scores

Online Lenders

How MoneyLion and Plaid are improving credit access through data integration

• MoneyLion and Plaid have partnered to enhance credit decisioning using real-time cash flow data.
• This case study examines how their integration is expanding access to credit, particularly for underserved borrowers.

Online Lenders

Case Study: How Citi and Numerated are working to transform lending technology through strategic partnership

• In this case study, we explore the partnership between Citi and Numerated, showcasing how the collaboration impacts the lending landscape.
• By combining Citi’s financial expertise with Numerated’s AI-driven platform, this partnership exemplifies how fintech and traditional banking can work together to drive innovation and efficiency.

Keeping the bad guys out, Lending, Online Lenders

SMB lending fraud keeps growing – how can lenders protect themselves?

• Lenders of all kinds, from large banks to small community banks, credit unions, and fintechs, are hemmed in by the pressing issue of SMB lending fraud -- with fintechs continuing to experience the highest hit.
• Convenience is a staple of digital lending. And while this is valued by borrowers looking for a quick and easy application process, it also opens the door for fraud.

Online Lenders

How Black-owned SoLo scaled to 1 million registered users

• SoLo Funds has become the first Black-owned financial services company to cross the 1 million customer account mark last month.
• The fintech facilitates P2P loans for consumers living on the margins of financial services. Acquiring more than 1 million users hasn’t come easy for SoLo, though.

BNPL, Online Lenders

PayPal’s evolving strategy in a crowded BNPL market 

• We take a look at how PayPal entered the BNPL sector by launching its first BNPL offering – ‘Pay in 4’, and expanded its suite of products by rolling out another BNPL product, ‘Pay Monthly’, in 2022.
• Steve Mikulcik, VP of Global BNPL at PayPal, talks about the ramifications of such a rapidly-growing industry, and whether it is still serving the purpose of facilitating consumers.