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Payment Platforms Evolving As Faster Payments Take Root

PYMNTS

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.

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Why Credit Isn’t Working For Financial Inclusion

PYMNTS

Johnny Ayers, co-founder and SVP of Business Development for Socure , argues that being able to have a traditional savings account or demand deposit account (DDA) is a basic financial right that should be afforded to all. may be unable to participate in the banking system and all it has to offer.

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Leveraging DDA Data in Consumer Lending to Stay Competitive

FICO

Q: Some lenders only ask applicants for access to DDA data permissioned by them when it’s an absolute requirement (e.g., Verification of Income for a mortgage) OR when the applicant is “near approval” and additional information could help the applicant.