Credit
Invisibles
THE ROAD TO FINANCIAL INCLUSION
Incorporating alternative data sources into the decisioning process can help Financial Institutions develop a win-win financial inclusion strategy.
For financial institutions (FIs), consumer expectations surrounding social responsibility show no sign of waning. Coupled with regulatory pressure for financial inclusion, adopting a strategy to bolster offerings for no-file and thin-file consumers is inevitable.
“Credit Invisibles. The Road to Financial Inclusion.” examines the role of alternative credit data in financial inclusion strategies. Enhancing the credit decisioning process with additional data sources could result in millions of consumers who could qualify for conventional credit.
Learn how incorporating alternative credit data into financial inclusion strategies can help:
- Improve Risk Management
- Enhance Portfolio Growth
- Develop New Market Segments
- Optimize Credit Modeling
\\\ WHITEPAPER
CREDIT INVISIBLES
“It’s in both of our interests for Financial Institutions to get a ‘yes’ for thin file customers – but for a product they can afford and meets their needs.”
The Financial Literacy of Generation Z
To understand the financial habits and preferences of Gen Z, banks and fintechs must first look at how and where this generation learns about finance.
Gen Z Credit Aversion: Separating Fact from Fiction
Challenging the Gen Z “credit averse” label, this report gives examines this generation’s financial habits and credit activity...
[PODCAST] FinTech Innovation: Credit-as-a-Service
In the U.S., there are over 500 million credit cards, generating approximately $4T in annual spending. The top ten credit card issuing banks in...