Demand Deposit Account (DDA) Innovation On-Demand 
FICO
APRIL 9, 2019
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.
FICO
MAY 22, 2019
While FICO has been the leader in developing innovative ways to incorporate new and regulatory compliant alternative data into credit scores, there are still barriers to fully unlocking the potential of alternative data. Due to the confusion around this issue, it’s important to be clear about what constitutes alternative data.
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PYMNTS
OCTOBER 3, 2017
The API model works to boost traditional companies’ digital presence, she explained, with a focus on authentication to help address concerns about security — especially as firms conduct identity verification and find out if an account used to fund transactions is legitimate. Join PYMNTS.com and Fiserv for a webinar on Wednesday, Nov.
FICO
NOVEMBER 2, 2018
As volumes of account-to-account consumer payment transactions grow — such as person-to-person (P2P) transfers made via Zelle, which is forecast to take over Venmo in 2018 — so does the opportunity for fraudsters to exploit demand deposit accounts (DDA). Consortium Data Speeds Model Adoption and Efficacy.
PYMNTS
DECEMBER 2, 2019
In the face of such funding, it has become difficult for the ecosystem at large to separate tech innovators from those that are but a next-generation façade of a traditional business model. Uber and Lyft might be the poster children here. The marquee name that stands out for having lost big on bets for disruptors is SoftBank’s Vision Fund.
FICO
APRIL 21, 2023
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.
PYMNTS
MAY 10, 2016
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. The bad news is, Ayers noted, that in the U.S.
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