Breaking News
Roost Adds Roost Credit Rent Reporting to Cash Security Deposit Automation Platform
Roost (JoinRoost, inc), the leading cash security deposit automation platform with built-in financial amenities for renters, has added on-time rent payment reporting to their platform. Rent reporting joins Roost’s growing list of financial amenities that operators and owners can provide to their residents at no cost to the property.
Roost partner property residents can opt-in to Roost Credit, a service that reports on-time rent payments to all three major credit bureaus—TransUnion, Experian and Equifax. Research by TransUnion has shown that 73% of renters are more inclined to pay rent on time when their rent payments are reported; additionally, renters who had rent payments included in their credit file saw an average 60-point increase to their credit score.
“While homeowners have long benefited from the reporting of on-time mortgage payments, renters paying their rent on time each month have not,” said Chanin Ballance, CEO of Roost. “Roost Credit is a hands-off way for properties to offer a really impactful resident financial amenity.”
Relative to homeowners, renters have historically had lower credit scores. Rising consumer debt delinquencies and growing Fed concern over a credit crunch has further threatened renters’ ability to access credit or obtain lower rates on financial products.
Roost Credit is an opt-in service that only reports on-time rent payments, providing an easy way to reward renters and support their financial health. Residents can sign up and cancel anytime and track their payment history status in the app.
“There’s no additional work for property teams and renters who pay rent on time can just keep doing what they’re already doing, but get some of the credit they deserve,” said Ballance.
People In This Post
Companies In This Post
- TransFi Inc. Raises $19 Million to Build an Emerging Markets–Focused Global Payments Platform on Stablecoin Rails Read more
- BFSI Philippines Summit 2026 to Spotlight AI-Driven Transformation in Financial Services Read more
- AutoRek & Microsoft: Why Reconciliation Is Becoming Strategic Read more
- EXCLUSIVE: “Freedom Calling” – Timur Turlov, Freedom Holding Corp in ‘The Paytech Magazine’ Read more
- Nationwide Launches Teacher Accreditation to Boost Financial Education in Schools Read more
Nationwide Launches Teacher Accreditation to Boost Financial Education in Schools
Nationwide is launching a national accreditation for primary school teachers that aims to boost confidence in teaching financial education
DNERO Launches Borderless Neobank Powering the Rise of the Latino Economy
DNERO, a new borderless Neobank, officially launches March 24 to address this gap with a unified digital platform
Scalable Capital Launches Overnight Savings Account with 2.50% Interest
Scalable Capital continues to grow its savings offering: starting today, both new and existing clients can benefit from 2.50% interest p.a. (variable) on the new Scalable Overnight account. Whether saving for a rainy day or with a specific goal in mind, Scalable Capital clients can now invest their money with even more flexibility and security. The Overnight account benefits from no minimum deposit, monthly interest payments, and withdrawals at any time. Opening an account is fast, digital and free of charge.
Finom Launches Interest Account, Offers European Businesses Daily Returns On Idle Cash
Finom, the integrated financial management platform for freelancers and SMEs in Europe, launched the Interest Account: an embedded, fully MiFID-regulated feature that lets business customers earn daily returns on EUR balances.
Nine In Ten Brits Don’t Know Their Pension Tax Relief Rate as Tax Year Deadline Approaches, PensionBee Research Reveals
Almost nine in ten Brits (88%) do not know the rate of tax relief they receive on pension contributions, according to new research from PensionBee, a leading online retirement savings provider, published just weeks before the end of the 5 April tax year deadline.
XConnect and SONIO Partner to Enhance Fraud Prevention and Compliance for Gaming, Banking, Enterprise, and Fintech
XConnect, a Somos Company, a provider of world-class numbering intelligence and mobile identity solutions, has partnered with SONIO, a leader in Identity Orchestration Solutions, to integrate XConnect network APIs into SONIO’s Identity Orchestration Platform. The partnership supports regulated sectors including Online Sports Betting and gambling, fintech, banking and enterprise with enhanced onboarding, stronger fraud prevention and improved compliance through a single integration.
BankDhofar Introduces Neo Corporate Internet Banking
BankDhofar has announced the launch of Neo Corporate Internet Banking (Neo CIB), a next-generation digital banking platform
TransFi Inc. Raises $19 Million to Build an Emerging Markets–Focused Global Payments Platform on Stablecoin Rails
TransFi Inc., a global payments infrastructure company on stablecoin rails,, focused on emerging markets, today announced the closing of a $19.2 million financing round, comprising $14.2 million in Series A equity and a $5 million committed liquidity facility.
BFSI Philippines Summit 2026 to Spotlight AI-Driven Transformation in Financial Services
The BFSI Philippines Summit 2026 is set to gather the country’s top banking, financial services, and insurance (BFSI) leaders on April 16, 2026 at the Novotel Manila Araneta City. Building on the decade-long success of the Digital Banking Asia series, the summit will convene over 300 C-level executives, decision-makers, regulators, and technology innovators to chart the next wave of AI-powered financial transformation.
AutoRek & Microsoft: Why Reconciliation Is Becoming Strategic
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
EXCLUSIVE: “Freedom Calling” – Timur Turlov, Freedom Holding Corp in ‘The Paytech Magazine’
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Nationwide Launches Teacher Accreditation to Boost Financial Education in Schools
Nationwide is launching a national accreditation for primary school teachers that aims to boost confidence in teaching financial education
Ant International Becomes Official Sponsor of The Argentine National Football Team
Ant International announced a partnership with the Argentine Football Association (AFA), becoming an Official Sponsor of the Argentine National Football Team
DNERO Launches Borderless Neobank Powering the Rise of the Latino Economy
DNERO, a new borderless Neobank, officially launches March 24 to address this gap with a unified digital platform