FICO

MARCH 25, 2020

The introduction of the score has enabled Home Credit to underwrite and evaluate new clients with a thin file more objectively. For its achievement, Home Credit was awarded the 2019 FICO® Decisions Award for Financial Inclusion. This type of financial inclusion is good for the consumer and good for our business.

Risk 97

Risk Point-of-Sale (POS) Financial Inclusion Risk Assessment 97

Finovate

JUNE 21, 2024

The company will use the new capital to accelerate product development and support its efforts to leverage technology to enhance financial inclusion in Mexico. ” Belvo’s open finance and payments platform helps financial institutions and their customers benefit from user-permissioned, secure data sharing.

Financial Inclusion 64

Financial Inclusion Payment APIs and Integration Legal Framework Cross-Border Payments 64

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

FICO

AUGUST 16, 2021

FICO Applauds FHFA Inclusion of Rental Data in Underwriting. 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.

Underwriting 52

Underwriting Risk Assessment Assessments Financial Inclusion 52

M2P Fintech

MARCH 24, 2025

This includes employing machine learning algorithms to automate parts of the loan application and underwriting process, as well as using digital platforms to facilitate communication between borrowers, lenders, and other relevant parties. Global adoption, supported by regulators, promotes competition and inclusion.

Payment APIs and Integration 52

Payment APIs and Integration Blockchain Regulatory Compliance Underwriting 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

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