Versatile Team
Get the latest on the Versatile team, technology, and partnerships — and the benefits of an optimized credit strategy.
Press
Versatile Credit unveiled its integration with Prove Identity, Inc., that will enhance its fraud screening process while also delivering a more streamlined customer onboarding experience.
Press
Versatile Credit announced the release of the FMG Finance Portal with The Furniture Marketing Group, designed to empower FMG members with the ability to offer comprehensive, full-spectrum financing solutions to their customers.
Press
Versatile Credit announced a strategic growth investment from PSG, a leading growth equity firm partnering with software and technology-enabled services companies to help accelerate their growth.
Press
Versatile Credit and Nationwide Marketing Group announced the launch of a new financing portal in collaboration with Wells Fargo.
Press
Versatile Credit is excited to announce the integration of Koalafi, an omni-channel provider of inclusive financing plans to support retailers by providing a wider range of financing options to shoppers.
Press
Versatile Credit announced the deployment of new prequalification functionality with American First Finance, allowing merchants more opportunities to provide seamless second-look financing and lease-to-own options to their customers.
blog
Prequalification lets shoppers explore potential credit offers through a soft credit inquiry that does not affect their credit scores. When prequalification is introduced early and connected to prime, near-prime and subprime options, it can reduce application anxiety, reveal realistic purchasing power and lead more customers into a full application.
blog
Furniture retailers need more than relationships with multiple lenders. They need one connected process that helps each customer move through the merchants chosen prime, near-prime, subprime, and no-credit-needed options without restarting the financing journey after every decision. Versatile gives merchants that capability through a single, unified application and configurable multi-lender cascade.
blog
The news of Versatile Credit's acquisition has sparked important conversations across the retail and lending landscape. This acquisition validates the comprehensive credit strategy we've executed for over two decades. Our history is built on a non-negotiable standard of data integrity, with stringent segregation architecture protecting the over thirty-five lenders on our platform. The industry's confidence, proven by this acquisition and our unrivaled lending network, reinforces the essential role our open, compliant, data-driven platform plays as an innovation tool designed to drive more sales and opportunities for merchants.
news
Recently Rafael Lourenco, Executive Vice President of ClearSale, wrote about the efficacy and risks associated with QR code payments systems in an article for My Total Retail.
news
According to a recent study by Juniper Research the total number of QR code payment users will grow from 1.5 billion to 2.2 billion by 2025. While much of this growth is predicted to be within emerging markets, the US is poised to see growth of over 240% between 2020 and 2025.
news
Recently on Business Insider, Ian Black, managing director at Shopify, shared his thoughts on recent retail trends, including the importance of a comprehensive omnichannel strategy. Although COVID-19 has led to many customers staying at home, they have not abandoned brick-and-mortar entirely — oftentimes looking to leverage their local stores for local pick-up and delivery services.
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With the holiday season approaching many are wondering what to expect for seasonal shopping. Recently the National Retail Federation forecasted that holiday sales are expected to increase 3.6 to 5.2 percent in November and December — nearly $755 billion plus dollars more than the same period last year.
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Startup.info spoke to Versatile’s President and COO Vicki Turjan, for their “Innovators vs COVID 19” series. A variety of subjects are covered in the interview, from the effects of COVID-19 on retail and consumer financing to the driving factors behind Versatile’s philosophy on innovation.
news
Many states throughout the country have issued “Stay at Home” orders in response to the COVID-19 outbreak, and as the vast majority of our fellow citizens comply, that has motivated forward thinking retailers to re-evaluate their in-store experiences and interactions between customers, employees, and their physical storefronts.