Articles from Bloom Credit

Bloom Credit Wins 2026 FinTech Breakthrough Award for Banking Infrastructure Software of the Year
Leading financial data platform Bloom Credit today announced it has been named Banking Infrastructure Software of the Year in the 2026 FinTech Breakthrough Awards. The annual awards honor the world’s top financial technology companies, products, and services that deliver innovative solutions and measurable impact across the fintech ecosystem.
By Bloom Credit · Via Business Wire · March 25, 2026
Bloom Credit Teams Up with Suncoast Credit Union to Help Members Build Credit Without Debt
Bloom Credit, a leading financial data platform and Suncoast Credit Union today announced a new partnership to bring Bloom+ to Suncoast’s members.
By Bloom Credit · Via Business Wire · October 22, 2025
GenZ and Millennials Report Most Valued Checking Account Service Is Getting Credit for Bills They're Already Paying
Bloom Credit, in collaboration with consulting firm Cornerstone Advisors, today announced a commissioned study of consumer finance and credit builder products. Credit Score Management: The $110 Billion Deposit and Payments Magnet finds that the number one feature Millennial and GenZ bank customers want from their checking accounts is a built-in ability to report consumer-permissioned data (CPD) in the form of regular bill payment histories to build their credit profiles.
By Bloom Credit · Via Business Wire · September 24, 2025
Navy Federal Chooses Bloom Credit for Consumer Permissioned Data Services
Bloom Credit, a modern cash flow reporting and credit data infrastructure platform, today announced Navy Federal Credit Union, the largest credit union in the U.S., has selected its consumer permissioned data solution, Bloom+, as a new checking account feature for its 14 million members.
By Bloom Credit · Via Business Wire · April 23, 2025
Bloom Credit Appoints New Chief Product Officer and Head of Credit Union Solutions
Bloom Credit, an API platform modernizing credit data infrastructure and facilitating real-time reporting and alternative consumer-permissioned data, today announced it is expanding its leadership team with two strategic hires. Former senior leader at Experian, Christa Degnan has been appointed as its new Chief Product Officer. Additionally, credit union solutions executive Tushar Mukhija was named Head of Strategy and Partnerships, Credit Union Financial Services.
By Bloom Credit · Via Business Wire · March 27, 2025
Bloom Credit Announces Strategic Partnership with Taktile
Bloom Credit, the leading API platform modernizing the access, reporting, and expansion of credit data, announced today a strategic partnership with next-generation, risk decision platform Taktile. The new collaboration gives Taktile’s customer base of leading fintech companies, banks, and credit unions embedded access to Bloom Credit’s platform, providing faster, more accurate data from the three major credit bureaus to accelerate credit decisioning.
By Bloom Credit · Via Business Wire · October 23, 2024
Bloom Credit Launches Consumer Permissioned Data Service Bloom+ with Inspire Federal Credit Union As Its First Client
Bloom Credit, the leading API platform modernizing credit data reporting, furnishing and scoring, today announced the introduction of Bloom+ with Inspire Federal Credit Union as its first client. TransUnion, one of the three major credit bureaus, collaborated with Bloom Credit to be the initial receiver of the data. The white-labeled, no-code API allows banks to offer their customers the ability to report alternative credit scoring data from their primary checking accounts to credit bureaus in order to help build credit profiles.
By Bloom Credit · Via Business Wire · August 15, 2024
Bloom Credit Recognized as Best of Show at FinovateSpring 2024
Bloom Credit, the leading API platform modernizing credit data reporting, furnishing and scoring, today announced it was named Best of Show at FinovateSpring 2024. Finovate, known for its innovative technology showcases, has regularly identified the most recognizable names in fintech including Betterment, Credit Karma, Mint, MX, and Prosper.
By Bloom Credit · Via Business Wire · June 13, 2024