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Peer2Peer Finance News | July 16, 2018

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Jake Ranson

Equifax Open Banking alliance to smooth loan applications

July 9, 2018 |

CREDIT reporting agency Equifax is partnering with Open Banking platform to streamline the loan application process.

Equifax is working with’s data analytics platform, AccountScore, which specialises in transaction data analytics for consumer and business lending.

The partnership will … Read More

New report reveals how lenders can best attract customers via Open Banking

July 2, 2018 |

MONEY-SAVING product recommendations are the best way for lenders to capitalise on Open Banking, new research has revealed.

A study from Equifax found that 40 per cent of Brits who are willing to share their bank transaction data with a new … Read More

Concern over number of Brits living ‘cheque to cheque’

November 27, 2017 |

ALMOST half of Brits don’t have enough savings for unexpected financial events, a survey claims.

Research from credit reference agency Equifax found 43 per cent of adults have not put any money aside for emergencies such as unemployment, illness or … Read More

Equifax adds income analysis to credit criteria

June 7, 2017 |

EQUIFAX, the global credit agency, has added income analysis into its affordability indicators.

The US-headquartered firm, which provides data to a number of peer-to-peer lenders including Flender and Nava, will now incorporate borrower current account turnover information into its analysis.

Read More

Half of consumers spend just 20 minutes applying for finance online

February 13, 2017 |

FINANCE providers risk losing customers if they fail to invest in their online offering, Equifax has warned.

A survey by the credit reference agency found that half of consumers do not want to spend more than 20 minutes applying for financial products … Read More