Curve and Equifax forge partnership
Equifax UK, the business and consumer insights expert, has signed an exclusive agreement with UK consumer fintech and payment card app Curve to deliver comprehensive verification and ID solutions to its new personal finance product, Curve Credit.
Powered by Open Banking, Curve Credit allows consumers to ‘Go Back in Time’ and pay later via instalments on transactions made with their Curve card.
Rich bureau datasets, as well as leading know your customer (KYC) identity and income verification technology from Equifax, enables robust credit assessments to be carried out while supporting regulatory compliance. The agreement provides Curve Credit with market-specific scores that assess a customer’s credit risk and affordability, helping to make accurate credit decisions at the point of application and allowing new customers to be onboarded quickly.
The partnership gives Curve Credit customers a secure platform, enabling responsible lending and borrowing decisions to be made efficiently, ensuring a seamless user experience.
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