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Why the U.S. has reached a real-time tipping point

Finextra

To extract more value from ISO 20022 data banks will need to consolidate Alongside all of this, FedWire ISO 20022 implementation deadline is looming large in the minds of U.S Yet while some are still grappling with compliance, others are now exploring how the new messaging format can be leveraged to better monetize payments data.

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Meet Facebook Libra’s Founding Architects

PYMNTS

Italian banking startup illimity will work with German FinTech Raisin on a new cross-border deposit solution. Under the partnership, illimity will provide deposit accounts through Raisin’s WeltSparen deposits portal and Open Banking platform.

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Mastercard and The Clearing House extend partnership on real-time payments

Fintech Finance

Mastercard and The Clearing House continue to support, invest, and develop real-time account-to-account technologies that enable the transmission of rich payment and non-payment data both in the U.S. demand deposit accounts. for the RTP network and around the world.

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

FICO

Some FICO® Scores use alternative data, which is predictive, regulatory-compliant and found outside of the credit bureau file maintained by the credit bureaus. Telco and utility payment data , similar to credit bureau data is generally reported on a monthly basis.

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5 Key Drivers Behind Thailand’s Fintech Growth

Fintech News

The service, which has been adopted by all major payment players in the country, had some 67 million users in March 2023, according to the Nation. billion real-time transactions, making Thailand the fourth leading country in the world in instant payments, data from payment system company ACI Worldwide show.

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Leveraging Alternative Data to Extend Credit to More Borrowers

FICO

We’re also pioneering the use of new forms of data, alternative data: With FICO® Score XD, which takes into account positive and negative telecommunications and utilities data and public record information not available in traditional credit files, millions of U.S. In the U.S.,

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Top 5 Scores Topics of 2021

FICO

FICO Fact: Do FICO Scores Consider Telco And Utility Data? FICO® Scores have always considered telco and utility payment data that is furnished to the three nationwide U.S. The inclusion of telco and utility payment information dates back to the release of the very first FICO Scores in 1989.