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
“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 Cost of Financial Crime Compliance for Banks and FinTechs
As financial fraud attacks grow, the hard and soft costs of financial crime compliance for banks and financial services institutions continues to rise.
Decisioning Platform Buyers Guide
Decisioning Platform Buyer's GuideCan your decisioning platform do more? For financial institutions, a flexible decisioning platform is key for...
Zoot’s Top 4 Blog Posts of 2022
As we sit on the cusp of 2023, ‘tis the season of resolutions and fresh starts. For financial institutions, the year ahead is ripe with...