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Just a few months ago at PYMNTS’ Innovation Project 2016 , PayPal CEO Dan Schulman told Karen Webster that “financialinclusion is really about financial health.”. Acquiring that financial health means financial institutions are able to not only know, but accurately identify, their customers.
The UltraFICO Score™ empowers consumers to leverage their checking and savings account data to enhance their score. When the UltraFICO Score™ uses this demanddepositaccount (DDA) data, it’s current as of the day prior to the score pull. Learn more about the FICO® Score: FICO FinancialInclusion Fact Sheet.
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 financialinclusion and lending opportunities for credit challenged customers.
FinancialInclusion. Why Credit Isn’t Working For FinancialInclusion. Just a few months ago, at PYMNTS’ Innovation Project 2016 , PayPal CEO Dan Schulman told Karen Webster that “financialinclusion is really about financial health.”. Internet Of Things. The IoT Goes Shopping.
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