DALLAS–(BUSINESS WIRE)–#autolending—Highline Technologies, the payments fintech that unlocks payroll-linked lending and billpay, today announced that it has been selected as a winner for the 2023 BIG Innovation Awards. This annual business awards program recognizes organizations, products, and people that bring new ideas to life in innovative ways from around the globe.
“Innovation is ‘business critical’ in today’s society,” said Maria Jimenez, chief operating officer of the Business Intelligence Group. “We are thrilled to be honoring Highline as they are leading by example and improving the lives of so many.” Highline was recognized for innovation in the financial category for providing both consumers and lenders with better ways to access and extend credit.
Founded in 2020, Highline helps consumers avoid missed payments and overdraft fees by automating bill payments directly from their paycheck, while allowing lenders to reach and approve credit for more potential customers, growing revenue and reducing risk. Though available for decades, Highline’s innovative approach to payroll-linked lending provides a user-friendly, streamlined process for both borrowers and lenders, scaling easily and efficiently and promoting better financial wellness.
“It’s an honor for Highline to be chosen as a winner for this year’s BIG Innovation Award, and a privilege to be among so many extraordinary participants,” said Geoff Brown, Co-founder and CEO of Highline. “I want to thank Business Intelligence Group and the judges for their recognition. We are committed to ensuring more consumers gain access to the credit they deserve while helping responsible lenders reach more potential borrowers safely and effectively. Congratulations to all of this year’s winners.”
Highline is a new payments platform that automates bill payments directly from payroll. It provides lenders with a simple, direct approach to credit decisioning and payment automation that can be supported at scale. Lenders can decrease missed payments by up to 2/3rds, reduce default rates by more than half, expand customers’ credit options, and better support financial wellness. Built by subject matter experts, data scientists and technologists, Highline’s solution unleashes the power of payment automation to help lenders and financial institutions expand the pool of potential borrowers. For more information, please visit https://highline.co/.
About Business Intelligence Group http://www.bintelligence.com The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. Unlike other industry award programs, these programs are judged by business executives having experience and knowledge. The organization’s proprietary and unique scoring system selectively measures performance across multiple business domains and rewards those companies whose achievements stand above those of their peers.