PYMNTS

JANUARY 17, 2017

The problem with building financial inclusion — particularly in a developing world context — is that it is a tough goal to pursue directly. billion adults who are totally (or nearly totally) detached from formal financial services, actually implementing a plan that actually makes a difference is often a very separate matter.

Financial Inclusion 41

Financial Inclusion Visa Risk Assessment On-Demand 41

The Payments Association

MARCH 18, 2025

Open finance extends beyond payments, empowering individuals and businesses with holistic financial management tools and personalised services. Open data, in turn, enriches these offerings, enabling innovative credit scoring and risk assessment beyond traditional banking channels.

Finance 88

Finance Payment APIs and Integration Non-Bank Embedded Finance 88

The Fintech Times

AUGUST 29, 2024

Cashfree Payments , the Indian paytech and API banking solutions provider, has launched Secure ID, its end-to-end solution for identity verification, risk assessment and fraud prevention. ” Ensuring growth in line with regulations The extent of Secure ID can be seen by the brands using it. With UIDAI recording 1.96

Checks 69

Checks Security Risk Assessment Payment APIs and Integration 69

Fintech Review

FEBRUARY 11, 2025

Traditional models rely on limited data, whereas AI assesses alternative factors like transaction history and online behaviour. This enables more accurate risk assessments and financial inclusion. This can result in discriminatory lending practices or inaccurate risk assessments.

AI 66

AI FinTech Risk Assessment Assessments 66

FICO

SEPTEMBER 15, 2022

SIMAH wins FICO ® Decisions Award for financial inclusion using FICO ® Scores. This growth in Saudi financial inclusion was made possible by SIMAH’s advocacy efforts with financial institutions and a parallel education campaign with consumers. “We Going Beyond Salary Data For Saudi Financial Inclusion.

Financial Inclusion 52

Financial Inclusion Risk Assessment Assessments Risk 52

Fintech News

JULY 4, 2024

For lending, AI’s ability to analyse alternative data sources could improve credit scoring and expand financial inclusion, particularly beneficial in emerging Asian economies with large unbanked populations. As AI continues to evolve, central banks must strike a delicate balance between embracing innovation and managing risks.

Central Bank 103

Central Bank AI Correspondent Bank Correspondent 103

FICO

NOVEMBER 15, 2017

Our work with both EFL and Lenddo is part of the FICO Financial Inclusion Initiative. Lenders rely on credit scoring to assess consumers’ risk, and credit scoring relies on credit data. Everybody has a personality which can help us understand their risk profile, making the EFL assessment universal – we can score anyone.

Credit Risk 80

Credit Risk Risk Assessments Financial Inclusion 80

The Fintech Times

JANUARY 28, 2025

We often explore how fintechs are changing the banking and payments landscapes, and sometimes look into how their solutions are supporting financial inclusion and helping people develop healthy financial habits.

Service Provider 59

Service Provider FinTech Underserved Innovation 59

Fintech News

MAY 20, 2024

Register Here AI in Finance: Risk Management Challenges and Opportunities May 28 2024, 18:00 CEST The financial landscape is undergoing rapid transformation, with AI playing a central role. Moreover, AI fosters the creation of new financial products and services previously inconceivable.

FinTech 135

FinTech Embedded Finance BNPL On-Demand 135

The Fintech Times

JULY 16, 2024

As of April 2023, there were 1,000 active fintechs in Latin America (LatAm) with a vast majority focusing on financial inclusion, tackling the issue of 70 per cent of the population not having access to formal financial services. Our goal is to build an open and interconnected financial market.

Financial Inclusion 52

Financial Inclusion Consumer Assessments Interoperability 52

FICO

JUNE 2, 2023

While FICO may be the foremost champion of using safe and reliable alternative data, we also recognize both the opportunities and limitations of incorporating alternative data into credit risk assessment.

Credit Risk 52

Credit Risk Financial Inclusion Risk Assessment Assessments 52

Tearsheet

JULY 1, 2024

Financial Inclusion: Prepaid vouchers and online cash are great for young adults and those without access to traditional banking or credit cards. Start with a risk assessment. This security builds trust between merchants and customers. What are best practices when it comes to protecting consumer information?

BNPL 105

BNPL Online and Mobile Banking Encryption Payments 105

FICO

APRIL 28, 2023

Credit Risk Assessment Trends For a couple of decades now, there has been a growth in the use of alternative data (i.e., consumer data not included in the traditional credit file) for credit risk assessment. Therefore, we expect the use of consumer-permissioned data to grow in importance in the latter half of 2023.

Credit Risk 52

Credit Risk Risk Risk Assessment Assessments 52

PYMNTS

NOVEMBER 23, 2020

The proposal would systemize over 10 years of OCC guidance, asking banks to extend services based on individual risk assessment instead of category-based assessment.

OCC 68

OCC Office of the Comptroller of the Currency Risk Assessment Assessments 68

M2P Fintech

MARCH 24, 2025

Global adoption, supported by regulators, promotes competition and inclusion. AI, ML, and blockchain enhance risk assessment and security. Expect a consumer-centric, secure, and innovative financial future, accessible worldwide. Expanding beyond traditional services, it now includes investment and insurance.

Payment APIs and Integration 52

Payment APIs and Integration Blockchain Regulatory Compliance Compliance 52

FICO

AUGUST 16, 2021

Last week, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae will begin considering borrowers’ rental payment history in its risk assessment process. that show a personal financial history that isn’t captured by the credit bureaus. Mon, 08/16/2021 - 18:53. percent of the estimated 80 million U.S.

Underwriting 52

Underwriting Risk Assessment Assessments Financial Inclusion 52

PYMNTS

MARCH 13, 2018

According to Grab , central to the new joint venture is the ability for the company to gather and analyze alternative data points on consumer behavior, which can then be used to develop credit and risk assessments. Many in our region have no access to loans that they can use to purchase a new home or grow their small business.

Consumer 40

Consumer Finance Financial Inclusion Assessments 40

Fintech News

OCTOBER 16, 2024

The “ A data-powered economic view: Insurance and pensions ” session, on 8 November at 14:05-14:35 in Hall 3 of Singapore EXPO on the Technology Stage, will explore how data-driven technologies are transforming the insurance and pension industries by enhancing risk assessment, cost management and investment strategies.

FinTech 113

FinTech Cross-Border Payments AI Innovation 113

M2P Fintech

MARCH 25, 2025

This integration will help reduce operational costs, making credit more accessible to underserved populations and aligning with ULI’s goal of financial inclusion. Overall, the synergy between ULI and LMS will streamline lending operations, improve efficiency, and enhance financial accessibility across India.

Payment APIs and Integration 52

Payment APIs and Integration Verification Small Business Use Case 52

Seon

APRIL 24, 2024

By leveraging various data sources, the financial sector can extend its reach, refine risk assessments, drive innovation, foster financial inclusion and adapt to the changing economic landscape.

Assessments 52

Assessments Risk FDIC Risk Assessment 52

FICO

AUGUST 28, 2017

When it comes to using alternative data in credit risk assessments, the field has really opened up over the last few years. Alternative data is a hot topic, in part because of the data explosion of the last few years, and in part because of the drive in lending for financial inclusion.

Credit Risk 52

Credit Risk Risk AI Assessments 52

M2P Fintech

MARCH 28, 2024

It aims to streamline verification, enhance accuracy, and promote financial inclusion. This collaborative approach expands market reach and enhances financial inclusivity. It’s essentially a risk assessment to determine the likelihood of the borrower repaying the debt according to the agreed terms.

FinTech 59

FinTech Online and Mobile Banking Push-to-Card Payer 59

PYMNTS

AUGUST 3, 2016

The key in its model, VantageScore says, is the consistency its model delivery across CRCs, which “provides tighter risk assessment to lenders who use multiple scores for decision making.”

Risk Assessment 40

Risk Assessment Assessments Database Consumer 40

FICO

FEBRUARY 7, 2023

BNPL loans are cited as a potential driver of greater financial inclusion, both in terms of consumer access to the BNPL loan themselves, as well as access to credit products that could enable unbanked and underbanked consumers to establish (or re-establish) their credit histories with one or more of the Consumer Reporting Agencies (CRAs).

BNPL 52

BNPL Posting Underwriting Consumer 52

The Payments Association

JUNE 5, 2025

These findings reaffirm that while digital payment adoption grows, meaningful segments of the populationespecially older, less affluent, and economically inactive groupscontinue to depend on cash, raising important questions around financial inclusion. Regional patterns also persist. Differentiating by speed, user control (e.g.

Payments Trends 88

Payments Trends Consumer Online and Mobile Banking Debit Card 88

The Fintech Times

NOVEMBER 26, 2024

Sundip Patel , co-founder and chief executive officer at AVANA Companies , the investment firm, highlights how wealthtechs are creating a more financially inclusive ecosystem. This democratisation is enhanced through sophisticated data analytics and risk assessment tools that were previously available only to large institutions.

Risk Assessment 111

Risk Assessment Accreditation Assessments Financial Inclusion 111

Fintech Review

JANUARY 7, 2025

Data-Driven Risk Assessment Crowdfunding platforms leverage advanced data analytics to assess risks, benefiting SMEs that lack traditional credit histories. These platforms use alternative data sources, such as transaction records, customer reviews, and behavioural patterns, to create comprehensive risk profiles.

Finance 105

Finance Risk Assessments Risk Assessment 105

The Fintech Times

JANUARY 24, 2025

We often explore how fintechs are changing the banking and payments landscapes, and sometimes look into how their solutions are supporting financial inclusion and helping people develop healthy financial habits. This prevents the largest part of exclusion and helps to improve inclusivity. .”

Financial Inclusion 59

Financial Inclusion Due Diligence FinTech Risk Management 59

The Payments Association

MAY 14, 2025

Cross-border payments support global trade but remain inefficient and risky; modernising them is key to financial inclusion and economic stability. This includes visibility into documentation, rule application, and risk assessments. Why is it important? Trust is replaced with transparency, he said.

Cross-Border Payments 88

Cross-Border Payments Correspondent Bank Cross-Border Correspondent 88

M2P Fintech

APRIL 29, 2025

Microfinance institutions (MFIs) play a crucial role in driving financial inclusion by providing a suite of financial services tailored specifically for the underserved and unbanked populations in remote and rural areas. Irregular Risk Assessment Inaccurate income assessments lead to poor credit profiling.

Technology 52

Technology Assessments Risk Assessment Compliance 52

Finovate

APRIL 23, 2025

Companies that can safely onboard and serve this population of emerging identities can unlock significant growth potential and improve financial inclusion. More legitimate consumers access the financial services they want. By 2030, 75% of consumers in emerging markets will be between the ages of 15 and 34.

Verification 52

Verification Risk Assessment Risk Assessments 52