Remove Demand Deposit Account (DDA) Remove Financial Inclusion Remove On-Demand
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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. Relying on prepaid.

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FICO Fact: How Current is the Data in my FICO Score?

FICO

In fact, while other credit scoring models may generate a credit score based on stale credit information , our minimum scoring criteria requires that at least one credit account has updated information reported in the last six months. Learn more about the FICO® Score: FICO Financial Inclusion Fact Sheet. Absolutely not.

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Leveraging DDA Data in Consumer Lending to Stay Competitive

FICO

Q: Dale, to start with, can you provide a little background on your business motivation as a credit risk executive for exploring the value of consumer-permissioned DDA data? Dale is a featured panelist at FICO World 2023. A: There are certainly pros and cons to both approaches.

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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.