Remove Continuity Remove Demand Deposit Account (DDA) Remove On-Demand
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Leveraging Alternative Data to Extend Credit to More Borrowers

FICO

Note that demand deposit account (DDA) data such as this is estimated to exist for nearly 250 million Americans, but is found in less than 1 percent of traditional credit bureau files. consumers without sufficient credit history to generate a FICO® Score can now be scored reliably through the use of this DDA data.

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The Venture Investing Road Less Traveled: Funding Enablers, Not Challengers

PYMNTS

Rosen said Commerce Venture’s approach was borne out of the reality that there’s a continuous need for the more-entrenched financial services and payment players to keep up with best-in-class user experiences, processes and interfaces. There’s a continuous need, too, for tech innovators to find distribution.

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FICO World 2023: Four Enterprise Fraud Management Takeaways

FICO

There is also growing impact to traditional card portfolios, not just demand deposit accounts (DDA) and real-time payments channels. Many of the people I spoke with expressed their continued interest in enterprise level solutions that provide more customer-centric decisioning. Let’s dig in a little deeper.

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Why Credit Isn’t Working For Financial Inclusion

PYMNTS

Johnny Ayers, co-founder and SVP of Business Development for Socure , argues that being able to have a traditional savings account or demand deposit account (DDA) is a basic financial right that should be afforded to all. may be unable to participate in the banking system and all it has to offer.

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Top 5 Scores Topics of 2021

FICO

In 2021, the financial services world continued to grapple with the uncertainty brought on by year two of the COVID-19 pandemic. Despite the continued concerns, we were encouraged to see the growth of the average U.S. FICO® Score, as stated in our top post of the year. Each year, we share the average U.S. While millions of U.S

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How Machine Learning Fights “Hypnofraud”

FICO

Often, the ploy contains the threat that the account holder will be arrested if funds are not sent immediately. After gaining access to a victim’s account, a fraudster might go one step further to carry out account takeover fraud. Phishing, Smishing, Hypnofraud and More. Push Payment Fraud Is on the Rise.

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What’s Trending So Far In 2016

PYMNTS

We identified more than 40 different variables that contribute to checkout abandonment and then shopped at 650 online sites that account for more than 70 percent of eCommerce traffic to see how well merchants are doing. We’re two days away from the official start of the halfway mark of the year. Are SMBs Ready For EMV? Digital Banking.