Nova Credit Expands into Canada, Partnering with Scotiabank as First Canada-Based Bank to Serve Newcomers with Global Credit Underwriting
Today Nova Credit , the world’s leading consumer-permissioned credit bureau, and Scotiabank have partnered to serve Canadian newcomers as Nova Credit becomes the first, and only, cross-border credit bureau to operate in Canada.
- Today Nova Credit , the world’s leading consumer-permissioned credit bureau, and Scotiabank have partnered to serve Canadian newcomers as Nova Credit becomes the first, and only, cross-border credit bureau to operate in Canada.
- With this news, Scotiabank will be the first Canadian-based bank to offer prospective customers the ability to share their foreign credit reports when applying for Scotiabank products, powered by Nova Credit’s Credit Passport® which unlocks cross-border credit bureau data to help businesses underwrite new-to-country newcomer populations.
- Scotiabank is the first Canadian-based bank to implement Credit Passport®, offering newcomers to Canada the ability to leverage Nova Credit’s technology, which enables credit records from supported international credit reporting agencies to be instantly translated into a Canada-equivalent credit report and score during the online credit application process.
- To learn more about Canada’s first cross-border credit bureau, visit: www.novacredit.com/canada
For more financial resources for newcomers, visit: https://startright.scotiabank.com/