Remove Demand Deposit Account (DDA) Remove Deposit Account Remove Financial Inclusion
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FICO Fact: How Current is the Data in my FICO Score?

FICO

The UltraFICO Score™ empowers consumers to leverage their checking and savings account data to enhance their score. When the UltraFICO Score™ uses this demand deposit account (DDA) data, it’s current as of the day prior to the score pull. Learn more about the FICO® Score: FICO Financial Inclusion Fact Sheet.

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Why Credit Isn’t Working For Financial Inclusion

PYMNTS

Just a few months ago at PYMNTS’ Innovation Project 2016 , PayPal CEO Dan Schulman told Karen Webster that “financial inclusion is really about financial health.”. Acquiring that financial health means financial institutions are able to not only know, but accurately identify, their customers.

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Leveraging DDA Data in Consumer Lending to Stay Competitive

FICO

Allowing customers to easily move between financial institutions should drive competition and innovation at established organizations while breaking down barriers of entry for new market participants. This in turn should increase financial inclusion and lending opportunities for credit challenged customers.

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What’s Trending So Far In 2016

PYMNTS

Financial Inclusion. Why Credit Isn’t Working For Financial Inclusion. Just a few months ago, at PYMNTS’ Innovation Project 2016 , PayPal CEO Dan Schulman told Karen Webster that “financial inclusion is really about financial health.”. Internet Of Things. The IoT Goes Shopping.