14 February 2024

TotallyMoney launches TotallySure

Written By FinTech Alliance in Lending

TotallyMoney launches TotallySure

Offering credit card applicants with pre-approval, and up to four guarantees.

In brief:

- TotallyMoney has announced the launch of an exclusive, industry-first feature, which provides credit card applicants with pre-approval, and up to four guarantees.

- In addition to improving transparency, and driving better customer outcomes, TotallySure can help lenders find more suitable borrowers, reduce costs, and improve trust and brand loyalty.

- To give customers confidence in being accepted for a product, and so they know they’ll get exactly what they’re applying for — TotallyMoney launched TotallySure.

What does this mean?

Alastair Douglas, CEO of TotallyMoney comments:  "...for too long, regulation has allowed the banks to treat credit card applications as if they were a lottery — and to make things even more concerning, many people aren’t even aware they’re gambling with their finances. Lenders need to be upfront with customers about how products and services work, while ensuring they’re easily comparable. Key to that is by making sure that what people see is what they’ll get. Which is why we launched TotallySure. And to help raise industry standards and improve transparency, TotallySure offers are now recognised by our proprietary product ranking algorithm — Match Factor. As such, cards with the TotallySure badge will receive an upvote on our tables, making them more prominent to our customers, while helping lenders find more suitable borrowers, reduce costs, and improve trust and brand loyalty.”

Read more here.

Up Next ...
05 December 2024

HSBC improves data access and operational efficiency with Starburst technology.

HSBC is making data that’s globally dispersed across heterogeneous sources instantly accessible, while ensuring enhanced compliance and significantly reducing operation...

05 December 2024

Abacus Group and Zero Networks Partner to Boost Network Security Across Financial Services

Strategic partnership delivers cutting-edge zero trust micro-segmentation to firms

05 December 2024

Zumo’s Amelie Arras Joins MENA Fintech Association's Sustainable Fintech Alliance as Co-Chair Alongside Gihan Hyde

this dynamic leadership duo is set to drive innovative and impactful initiatives aimed at advancing sustainability in the fintech and digital asset sectors....

04 December 2024

NatWest Group Innovation team launches new Fintech Growth Programme

The programme supports NatWest’s ambition of leading the future of banking with the hope that some of the participants will help drive the bank’s innovation pipeline....

More in Lending

How automation in B2B underwriting is revolutionising business lending

04 December 2023

Taktile’s CEO Maik Taro Wehmeyer discussed how automated decision engines ...

Former head of Klarna UK Alex Marsh joins Salad Money

30 November 2023

Six months after leaving the Swedish BNPL giant, Alex Marsh ...

Funding Circle and Atom Bank agree new £150m lending partnership

24 November 2023

Funding Circle and Atom Bank have entered a new lending ...

Atom Bank partners with Kamma

28 September 2023

UK challenger bank Atom is attempting to address the environmental ...

White Papers Lending

Fintech-led Digital Lending: Coming of Age

12 June 2023

A decade ago, not many of us would have envisaged how fintechs would change the credit landscape thr...

Articles Lending

The Real Effects of FinTech Lending on SMEs: Evidence from Loan Applications

20 December 2021

We show that FinTech lending affects credit markets and real economic activity using a unique data s...

Articles Lending

Lending in 2021, a year like no other

08 June 2021

2020 was certainly a year for the record books with a global health crisis that forced economic impa...

There are no Events in this category