Curve and Equifax UK partner to deliver consumer credit solution to Curve Credit

25 Mar 2021

London, March 25: 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 whilst 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 on boarded 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.

Gary Brown, Sales Director at Equifax UK, said: “Curve Credit’s unique solution offers customers greater autonomy and flexibility over their personal finance decisions, which is extremely important in the current climate. We’re delighted to be partnering with Curve, providing insightful data and best-in-class technology, to support responsible credit decisions that put consumers in control.”

Paul Harrald, Head of Curve Credit, said: “Curve Credit is focused on empowering consumers to make better financial decisions. Equifax’s world-class data service and technical expertise, combined with their challenger mindset and clear commitment to the Open Banking experience, makes them the best possible partner in this mission.”

This collaboration with Curve sees Equifax which is already a CRA partner to many of the UK’s leading financial services organisations further increase the adoption of its credit services solutions among the UK’s leading fintechs and expands its presence in the online consumer payments space.

For more information about the partnership read our case study here.

ABOUT CURVE:

Curve is a fintech that combines multiple cards and accounts into one smart card and even smarter app. The unique Curve card allows customers to supercharge their legacy banks to the 21st century without leaving their bank. Curve is live in 31 markets across the UK and Europe, and plans to launch in the US later in 2021.

Curve offers a host of benefits to its customers, including instant notifications and categorisation across their spend, the capacity to earn instant 1% cashback at selected retailers such as Amazon, Uber, Netflix and Tesco, the ability to fit their cards into Google Pay, Apple Pay and Samsung Pay, even if their banks don’t support this, and Curve’s patented Time Travel functionality, which enables customers to swap spend to a different card in the app for up to 90 days after the purchase was made. Curve supports Mastercard ® and Visa networks. The Curve Card and e-money, related to cards issued in the UK, is issued by Curve OS Limited, authorised in the UK by the Financial Conduct Authority to issue electronic money (firm reference number 900926). The Curve Card and e-money, related to cards issued in the EEA, is issued by Curve Europe UAB, authorised in Lithuania by the Bank of Lithuania (electronic money institution license  No. 73 issued on 22 of October, 2020).

For more information go to www.curve.com, like our Facebook page and follow us on Twitter @imaginecurve and Instagram @imaginecurve.

For media enquiries email: press@curve.com

ABOUT EQUIFAX: Equifax is a global data, analytics, and technology company. We believe knowledge drives progress. We blend unique data, analytics, and technology with a passion for serving customers globally, to create insights that power decisions to move people forward.

Headquartered in Atlanta, Equifax operates or has investments in 24 countries in North America, Central and South America, Europe and the Asia Pacific region. It is a member of Standard & Poor's (S&P) 500® Index, and its common stock is traded on the New York Stock Exchange (NYSE) under the symbol EFX. Equifax employs approximately 11,000 employees worldwide. 

Equifax Ltd is one of the Equifax group companies based in the UK. Equifax Ltd is authorised and regulated by the Financial Conduct Authority. For more information, visit Equifax.co.uk and follow the company’s news on LinkedIn.

For more information contact:

Alastair Doyle, Nick Richardson or Max Gibson at Four Communications

Email: Equifax@fourcommunications.com

Telephone: +44(0) 20 3697 4200


AboutBlogCareersPressCreditStatusAffiliate
Curve OS Ltd, registered in England and Wales, #09523903
App storePlay storeHuwei gallery

Copyright - 2021 © Curve OS Limited. 

The Curve Card, the Samsung Pay Card and the E-money related to these cards is issued in the UK by Curve OS Limited, authorised in the UK by the Financial Conduct Authority to issue electronic money (firm reference number 900926). Curve OS Ltd, registered in England and Wales, United Kingdom (company reference number: 09523903) and located at 15-19 Bloomsbury Way, Holborn, London, United Kingdom, WC1A 2TH

The Curve Card and the e-money related to cards issued in the EEA is issued by Curve Europe UAB, authorised in Lithuania by the Bank of Lithuania (electronic money institution license No. 73 issued on 22 of October, 2020). The Curve Card and Samsung Pay Card are issued pursuant to license by Mastercard International Inc. Mastercard® is a registered trademark of Mastercard International Incorporated. Curve Europe UAB, registered in Lithuania (company reference number: 305626541) and located at Jogailos g. 9, LT-01116 Vilnius