August 16, 2023
January 27, 2023
Versatile Credit, the leading credit aggregation and customer acquisition tool for merchants and lenders, announced it had deployed new prequalification functionality with American First Finance, allowing merchants new opportunities to provide seamless second-look financing and lease-to-own options to their customers.
November 28, 2022
Bread Financial Holdings, Inc. (NYSE: BFH), a tech-forward financial services company that provides simple, flexible payment, lending and saving solutions, today announced a new relationship with Versatile Credit Inc., a leading provider of innovative solutions linking bank lenders with consumers applying for credit in retail stores. Through Versatile Credit’s platform, Bread Pay’s buy now, pay later installment products will now be available to participating Versatile Credit merchants and their customers. […]
April 11, 2022
Versatile Credit Inc. (Versatile) has recently announced that Castle Credit Co. Holdings Inc (Castle Credit) has launched a custom portal solution designed to empower home improvement dealers to drive consumer financing through in-person, in-home sales, powered by Versatile’s extensive financing technology ecosystem.
February 8, 2022
Versatile Credit Inc. (Versatile) has announced the recent integration and deployment of Covered Care into Versatile’s consumer financing technology platform, expanding its network of lenders in the healthcare vertical. The integration will enable eligible medical and dental-focused practices to include Covered Care as part of their comprehensive financing offerings to patients.
December 10, 2021
Versatile Credit Inc. (Versatile), Wells Fargo Retail Services (Wells Fargo), and FurnitureDealer.Net have recently announced their partnership to offer Furniture Marketing Group (FMG) dealers a robust set of tools and technology to deploy comprehensive, turnkey consumer financing solutions to shoppers.
December 6, 2021
According to data from Versatile Credit, the volume of approved financing for retailers over the week of Thanksgiving and Black Friday improved by over 13% compared to last year — with average approval amounts seeing an increase of 17%.
As post-pandemic retail comes into focus, it’s important for retailers to understand how this new normal will affect the shopping experiences of their customers, and the importance of providing shoppers with the tools and options to interact with the retailer of their terms — whether they choose to shop in-store or online.
November 16th, 2021
Versatile Credit Inc. (Versatile) has announced it will be deploying an end-to-end in-home financing platform with Mechanicsburg, Pa. based home improvement company West Shore Home. The platform will allow customers to access comprehensive financing options through both the Design Consultants’ devices or a consumer’s personal device.
November 8th, 2021
October 20th, 2021
Versatile recently announced that Marlys Mead has joined the company as Senior Client Success Manager. In this position, Marlys will be responsible for working with Versatile’s current and future customers to analyze and identify how Versatile’s financing technology can be best utilized and deployed to drive the success of their financing programs.
September 2nd, 2021
Versatile recently announced that the technology behind their transition-to-mobile technology, Snap Sign and Snap to Apply, has been officially granted a patent from the U.S. Patent Office. U.S. Patent Number 11,089,031 for “Methods for switchable matrix barcodes for secure website access” encompasses technology that Versatile Credit has deployed to retailers across the country to help their shoppers apply from the safety and security of their own mobile device.
July 14th, 2021
According to Entrust, in 2020 nearly 80% of shoppers said worries about their personal information and data security were key barriers in purchasing goods and services online, with 32% of respondents saying these concerns have prevented them from purchasing from online stores in the past. It’s important to provide shoppers with the tools to make educated purchasing decisions and a positive shopping experience regardless of how they choose to interact with the brand. […]
June 21, 2021
June 9, 2021
Automotive service providers and their customers have been facing a parade of uncertainties over the last year. Many of these customers have had to make tough decisions between repairing their vehicles or paying for other personal expenses, such as rent or groceries. A recent survey by LendingTree found that 28% of American drivers said they would be unable to pay for a $500 car repair without going into debt and that nearly 6 in 10 drivers have skipped a necessary car repair because they were unable to afford it. […]
May 24, 2021
Recently Kathy Gramling, Jeff Orschell, and Joshua Chernoff of the Harvard Business Review released the article, “How E-Commerce Fits into Retail’s post-pandemic Future”, which explored the growth and trends that began with COVID-19 and how customers are choosing to shop and interact with brands in 2021. […]
May 11, 2021
Recently, Joseph Dobrian over at Furniture Today spoke with industry leaders to talk about the prospects for consumer financing in the near future. The article featured Versatile Credit President & COO Vicki Turjan, as well as many of our fantastic platform partners, including Snap Finance, TD Bank, Progressive Leasing, and Synchrony. […]
May 10, 2021
April 20, 2021
March 01, 2021
Since 2000 the percentage of retail sales conducted through ECommerce have grown 1% per year. According to Scott Galloway in his book, “Post Corona, From Crisis to Opportunity”, as of March 2020 18% of retail sales were conducted online through E-Commerce websites. When would-be customers were forced inside and retailers temporarily shut down, E-Commerce sales experienced a 10% growth, to 28%, in a matter of only eight weeks. […]
Feb 04, 2021
Oct 21, 2020
Jun 1, 2020
March 20, 2020