Press Releases

Trust Science is making a difference

Press Releases

Trust Science is making a difference
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Trust Science is making a difference in the subprime credit space by leveraging alternative data and automated machine learning underwriting, and we want the world to know about it!
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Trust Science Successfully Completes SOC2 Type 2 Audit

May 10, 2023 – Palo Alto – Trust Science ®, a loan applicant sourcing, screening and decisioning platform, today announced that it has successfully completed a Service Organization Control (“SOC”) 2 Type 2 audit without any exceptions/weaknesses. The audit affirms the strength and robustness of Trust Science’s information security practices, policies, procedures and operations, successfully meeting the industry-leading SOC 2 standards for security, availability, and confidentiality.

Trust Science Named Top 30 of The Americas' Fastest Growing Companies 2023 by The Financial Times and Statista

Palo Alto, CA – March 28, 2023 – Trust Science®, an AI-powered service to find great borrowers for ethical lenders, proudly announces that it is one of the fastest growing companies in the 20 countries of the entire Western hemisphere, as assessed by The Financial Times and Statista. Trust Science ranked in the Top 30 amongst all companies (all sectors, sizes, locations) and Top 5 amongst companies in the FinTech, Financial Services and Insurance sector.

ConsumerCapital Canada Harnesses Trust Science to Reach Instant Decisions from Lead to Loan™

Toronto, Canada, March 8, 2023  — Trust Science ® and ConsumerCapital Canada, a CanCap Group Inc. company, have partnered to deliver financially inclusive, automated credit decisioning from the very first moment an online consumer expresses the need for a loan. 

Trust Science Successfully Completes SOC2 Type 1 Audit

Palo Alto, USA, November 21, 2022  — Trust Science announced that it has successfully completed a Service Organization Control (SOC) 2 Type 1 audit without any exceptions/weaknesses.

Trust Science Named One of 2022's Top Growing Companies

Palo Alto, USA, September 23, 2022  — Trust Science earned a top-20 spot on the 430-company list of Top Growing Companies by The Globe and Mail, Canada’s equivalent of the Wall Street Journal.

TD Bank Group Global Head of Innovation Joins Advisory Board of Credit Bureau 2.0®

Toronto, Canada, Feb 7, 2022  –Trust Science proudly announces that distinguished global banking and FinTech leader Imran Khan, P.Eng., MBA has agreed to join the CEO’s volunteer Advisory Board.

Trust Science®️ Featured as Real Leaders®️ Unveils Its 200 Top Impact Companies List of 2022

Palo Alto, USA, Jan 12, 2022  –Trust Science was among an exclusive list of global companies selected for Real Leaders 200 Top Impact Companies List alongside household names.

Trust Science ® Takes the Demo Stage at Highly Exclusive CB Insights' Future of FinTech Event

New York City, USA, Oct 8, 2021  — Trust Science®, the creator of Credit Bureau 2.0®, has taken the stage at CB Insights’ Future of FinTech in New York City, joining a highly exclusive, by-invitation list of the world’s leading FinTech companies.

Trust Science® Named Finalist for 2021 Banking Tech Awards: FinTech of the Future

San Francisco, USA, Sep 21, 2021 – Trust Science®, the creator of Credit Bureau 2.0®, announces that the 2021 international Banking Technology Awards by FinTech Futures has selected it as a finalist in the category of FinTech of the Future.

Trust Science® Receives 42nd Patent for Credit Bureau 2.0®

Palo Alto, USA, Aug 18, 2021 – www.Trust Science.com USA Inc., which offers the Credit Bureau 2.0® service as a leading provider of AI-Powered Credit Scoring, is proud to announce that it has been given an allowance for its 42nd patent in the world for its Credit Bureau 2.0® technology. This marks Trust Science’s first patent allowance in the emerging FinTech hotspot of Brazil and is a critical piece in filling out Trust Science’s global strategy.

Trust Science Submission to U.S. Regulatory Agencies: Comments on Financial Institutions' Use of AI/ML

As a leader in the use of explainable AI and ML in the credit industry, Trust Science has submitted information and comments on “Financial Institutions’ Use of Artificial Intelligence” to the CFPB and other US regulatory agencies. Trust Science’s guidance will support and guide the regulating atmosphere.

Trust Science on 2021 Microsoft Exchange Vulnerability Exploitation

On March 2, 2021, Microsoft issued patches for four security vulnerabilities in on-premise Exchange Server 2013 through 2019, and Exchange Server 2010, and these vulnerabilities are extremely concerning.

Trust Science Flexes New Bench Strength - Names Former Equifax Executive as Chief Data and Analytics Officer

Palo Alto, USA, Feb 6, 2020 – www.TrustScience.com USA Inc., which offers the Credit Bureau 2.0® service as a leading provider of AI-Powered Credit Scoring, announced today that Jeremy Mitchell has joined as Chief Data and Analytics Officer.

Trust Science Nominated as AI Company of the Year

Palo Alto, USA, Nov 6, 2019 – www.Trust Science.com USA Inc., Credit Bureau 2.0™, a leading provider of AI-Powered Credit Scoring, announced today that it was nominated as AI Company of the Year by the Canadian FinTech & AI Awards.

Trust Science Finalist in Global Banking Technology Awards - Named Most Innovative Banking Technology Provider

Palo Alto, USA, October 31, 2019 – www.Trust Science.com USA Inc, Credit Bureau 2.0 ®, a leading provider of AI-powered Credit Scoring, announced today that the Banking Technology Awards has recognized Trust Science® as a finalist for the Most Innovative Banking Technology Provider.

Trust Science Enables Vergent Customers with First Step in Automated Loan Underwriting

Palo Alto, USA, Oct 14, 2019 – www.TrustScience.com USA Inc. a leading provider of AI-Powered Credit Scoring, and Vergent Loan Management Software, formerly eSoftware Solutions, announced today enabling Vergent’s sub-prime lender customers with the first step in automated loan underwriting.

Trust Science Sets Out to Transform Underwriting Space, Launches Annual Survey to Hear Pain Points in Credit-Decisioning

Palo Alto, USA, Oct 10, 2019 – www.TrustScience.com USA Inc. a leading provider of AI-Powered Credit Scoring, announced today the launch of an annual survey to uncover key pain points facing credit underwriters. Trust Science wants to help resolve the industry’s pain through digital transformation and automation.

Manulife’s CEO(ret.) invests in Trust Science

Palo Alto, CA July 30, 2019: www.Trust.Science.com USA Inc., a leading provider of AI-powered Underwriting support known as Credit Bureau 2.0®, is thrilled to announce an equity investment by Donald Guloien, the previous President and CEO of Manulife Financial (parent of John Hancock in the USA), one of the largest insurance and asset management companies in the world.

Trust Science and Inovatec Systems Team Up to Release World's First End-to-End Loan Management Platform Powered by Alternative Credit Scores

Palo Alto, USA, June 12, 2019 – Trust Science Inc. a leading provider of AI-Powered Credit Scoring, and Inovatec Systems Corporation, a new breed of Loan Operating System (LOS) provider, announced today they will partner to release a fully automated lending platform that enables end-to-end loan management across the entire credit spectrum.

Trust Science joins ranks of LinkedIn and Dropbox: Red Herring awards it Top 100 Award

May 15, 2019, Pasadena, U.S. – Today, Red Herring announced the winners of its Top 100 North America 2019 event, and Trust Science has been chosen as one of the most exciting and innovative technology companies on the continent.