AI & ML Credit

Experian Sharpens Focus On Developing A Game-Changing Offering Using Analytics And AI (Peter High, Forbes)

Shri Santhanam came to the world of AI and analytics first in serving clients as a consultant at Mercer and Oliver Wyman. Next, he co-founded OW Labs to make sense of client data, unearth hidden knowledge, surface insights where clients need them, and reinvent decision making, building up a team of roughly 100 in the […]

Credit Fintech

NEW DATA: The Innovations Credit Union Members Need To Stick, Not Switch (pymnts.com)

Credit unions (CU) members have a reputation of being loyal to their financial institution (FI) — and not without reason. CU members, by and large, are happier than most financial consumers are with their primary FIs, with 88.5 percent saying they are very or extremely satisfied with their CUs’ performance. This compares to just 80.5 […]

Alternative Data Credit

GAO Asked to Study Alternative Data Credit Decisions (jdsupra.com)

In a new letter last month, a group of Democratic lawmakers asked the Government Accountability Office (GAO) to take a closer look at the use of alternative data for credit decisions, particularly in the context of mortgage lending. Alternative data can help lenders expand access to credit and make loans available to more consumers who […]

Credit Fintech

The 5 Hottest Technologies In Banking For 2020 (Ron Shevlin, Forbes.com)

OBSERVATIONS FROM THE FINTECH SNARK TANK In the movie All The President’s Men, Woodward and Bernstein meet their informant in a parking garage and are told: “Follow the money.” If you want to know which technologies are hot in banking, you should do the same. The truly “hot” technologies in banking are the ones that financial […]

Credit Indonesia

OJK officially recognizes CredoLab as first credit-scoring fintech firm (The Jakarta Post)

Smartphone-based credit-scoring financial technology (fintech) company CredoLab announced that it had been officially acknowledged by the Financial Services Authority (OJK) as a provider of fintech services in Indonesia, making it the first firm of its kind to be listed by the regulatory body. The Singapore-based company stated in a statement that it had fulfilled all […]

Credit Data Leadership Open Finance

Inside the Experian DataLabs with Eric Haller (Zack Miller, tearsheet.co)

We continue to see lots of consolidation across the financial services industry. In fact, a lot of traditional FIs have entire innovation programs designed to tap outside talent. But what if you’re looking for organic growth? If you’re Experian, the global financial data firm, how do you get more out of your existing assets, things […]

Credit Events Open Banking UK

March 2020 Event: Discover the next stage of Open Banking at the Credit Summit (creditstrategy.co.uk)

The Open Banking Conference at the Credit Summit, sponsored by Experian, will explore the progress of its implementation and its impact on the lifecycle of loans, Credit Strategy can reveal. The sessions will take a practical look at how Open Banking will change the credit industry, how the level of public uptake can be improved, its effects […]

Credit Fintech

Spotlight: Fintech startup offers Gen Z ‘training wheels for credit’ (finance-commerce.com)

Sezzle, a rapidly growing Minneapolis fintech startup, says its mission is “financially empowering the next generation.” Some in that group — Gen Z, or those born after 1995 — may be may reluctant to take on credit after seeing what the Great Recession did to their families, said Charlie Youakim, Sezzle CEO and co-founder. The […]