Remove Demand Deposit Account (DDA) Remove Innovation Remove Participant
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Secure, Standardized Data Sharing Empowers Consumers & Promotes Innovation

FICO

Along with this comes expectations of better experiences, on-demand access and deeper insights. The good news is that consumer-permissioned data is providing the industry a platform for further innovation. Consumers can now permission their demand deposit account (DDA) data for inclusion into the UltraFICO TM Score.

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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. A: Some of my banking partners might not agree, but I think, from a consumer perspective anyway, this type of rule is long overdue.

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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.”. may be unable to participate in the banking system and all it has to offer.

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What’s Trending So Far In 2016

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.”. may be unable to participate in the banking system and all it has to offer. .” This topic is also detailed each month in the PYMNTS Faster Payments Tracker.