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Equifax Adds BNPL Data to Credit Reports; Cerence’s AI and In-Car Payments; Taptap Send Raises $65 Million
In a First, Equifax Adds BNPL Payment Data To Credit Reports
To help buy now, pay later lenders better manage the risk associated with each applicant, Equifax Inc. on Monday announced it will begin in 2022 including BNPL payment data in consumer credit reports. To report the data, Equifax has created a new code to designate BNPL tradelines in consumer credit …
Read More »Wells, HSBC in Cross-Border Payments Blockchain Combo; Eye on Prepaid Cards; Equifax’s New Vetting Service
Equifax’s New Vetting Service and other Digital Transactions News briefs from 12/13/21
The giant credit bureau Equifax Inc. launched Onboard Connect, a service that the company says offers near real-time business verification, fraud checks, and other services to support business-to-business transactions.Vivid Seats Inc., a provider of technology that links ticket buyers and sellers, said it has closed on its acquisition of Betcha Sports Inc., …
Read More »Kount’s Reinforcing Role for Equifax; Mastercard Begins PIN-on-Glass Test; NCR Makes Its Cardtronics Bid
How Its Deal for Kount Lets Equifax Reinforce Its Capabilities Against Online Fraud
With consumers and businesses flocking to online commerce, companies of all sizes are reinforcing their technology for accepting transactions and rating them for risk. The latest example is the giant credit-reporting company Equifax Inc., which on Friday said it is paying $640 million to buy Kount Inc., a 14-year-old Boise, …
Read More »Eye on Fintechs; Washington’s Appetite for Regulation; Four Indicted in Equifax Breach
Four Indicted in Equifax Breach and other Digital Transactions News briefs from 2/10/20
The U.S. Department of Justice announced indictments against four members of a unit of China’s People’s Liberation Army with computer fraud, economic espionage, and wire fraud in connection with the 2017 data breach at credit-reporting agency Equifax Inc. that compromised personal data on approximately 145 million Americans. According to the indictment, the defendants exploited …
Read More »Equifax Penalized $671 Million; A State Might Un-Ban Cashless Stores; Digital Wallet Volume To Grow 40%
