What Do Acquisitions Look Like Post COVID-19?

by Stefani Wendel 4 min read May 26, 2020

blog-checking phone-930x420The largest industry disruptor was a surprise to everyone. Where bets may have been placed on digital transformation, automated decisioning, or better omnichannel programs, no one foresaw the global pandemic of COVID-19 and the corresponding economic fall out that ensued.

As financial institutions have spent the past two months scattered and then regrouping, whether with pivoted downturn contingency strategies or with a business-focused Hail Mary, some might argue that the dust is beginning to settle. While the world and the majority of businesses are working to manage and stabilize a new normal against a background of some form of chaos, once federal and state regulations are loosened, the world – and financial institutions in particular – will need a plan forward.

So, what comes after COVID-19?

With stimulus checks and what everyone hopes will soon be a re-stimulating of the economy, consumers will seek credit. And when that influx comes, there will be a need to strategize what is the right offer for the right consumer. How do you take on more customers while minimizing risk?

Non-existent and/or shrinking budgets

Many marketing budgets were already small prior to the global pandemic, so coming out of it, to say every marketing dollar counts is an understatement. Traditional prescreen, while a pillar in acquisition operations, is an antiquated strategy. Using hyper-segmentation via a true end-to-end marketing service, pumped up by the right data for decision making, enables financial institutions to not only build the right audience but tailor quality experiences that increase engagement and loyalty. That means ultimately reducing operating costs while improving experiences and take rates.

Work from home turned life from home

Going virtual has gone viral. Seemingly overnight, most brick and mortar operations went online. Some versions of digital transformation became a need to have, versus a nice to have, and the gap between the financial institutions who were equipped to pivot online, versus those who were not, spread further.

As the vast majority of consumers are at home – whether by way of work from home or furlough – our society has quickly embraced everything being online. Reach your consumers where they are, in the digital-first channels to which they have become familiar with and accustomed. As consumers are at the center of every marketing strategy, engaging omnichannel delivery enhances reach across critical touchpoints. Inclusive of social media, email, direct mail, TV, and more, the campaign should provide a seamless experience, all working together in a synchronized fashion. Consistency has always been key, but especially during these volatile times, to reflect stability, empathy and constant messaging is an undertone that can only help strengthen consumers’ view of your organization.

Learn fast, grow faster

For marketing financial products, it’s a matter of connecting the dots between consumer touchpoints and results data. By making these critical connections, financial institutions will be better positioned to identify the most effective elements in the campaign. By gleaning more insights from campaign performance, organizations can optimize future campaigns and minimize wasted ad spend. These key learnings, delivered at the end of every campaign cycle, help your organization to remain nimble, pivot quickly and execute campaigns that get increasingly better ROI as you hone in on the nuances revealed by data on consumer behavior, preferences, motivations and more.

Changing times and even faster-changing needs

There’s always been a need for faster decisioning and more results with increasingly fewer resources. The need for speed has been put on hyperdrive as the economy has entered the current environment. How do you keep up with the changing needs of your consumers? Get your marketing right from the start and see results through to the end. Incorporating the right data, advanced analytics and constant access ultimately enable more strategic focus and shorter campaign cycles.

As we all navigate the ever-changing “normal,” offering the right support to your consumers is the right thing to do for them and for you. Managing rising consumer needs, while also minimizing risk to your bottom line, is also the right thing to do for your business.

Once plans move from managing business operations through the crisis to moving forward, make sure your marketing – how you are reaching out to existing customers and prospective customers for the next steps in their financial journey – is data-driven.

To learn more about how Experian can help you execute data-driven marketing that fuels customer acquisition, visit our website.

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Cash Flow Insights: Powering the Next Evolution in Lending

For decades, credit data has given lenders a trusted foundation for assessing risk. Now, consumer-permissioned cash flow data is adding another layer of insight into consumers’ financial lives, including income, spending, liquidity and changing financial obligations. The opportunity is significant. Nearly one in five consumers lacks access to or has damaged credit. New Experian research also shows that 60% of consumers who have previously been denied credit or received less favorable terms than expected believe the outcome would have been different if lenders had considered their recent income and banking activity alongside their credit history. 1,2 For lenders, cash flow insights can provide additional context about a consumer’s financial capacity and support more informed underwriting decisions. The next challenge is making those insights easier to use consistently and responsibly at scale. What are cash flow insights? Cash flow insights are derived from consumer-permissioned banking data and provide visibility into how money moves into and out of a consumer’s accounts. Depending on the information available, cash flow data can provide insight into financial behaviors such as: Income and income stability: Regular and irregular income streams and changes over time Spending and recurring expenses: Everyday spending patterns and ongoing financial obligations Account balances and liquidity: Available funds and changes in account balances Debt obligations: Loan payments and other recurring debt commitments Cash flow patterns: How money moves into and out of accounts over time Traditional credit information provides a rich history of how consumers have managed credit. Cash flow insights add context about their current financial activity and capacity, providing lenders with a more complete view of financial health. Cash flow insights can also add predictive value to risk assessment. Experian analysis shows Cashflow Score can deliver up to a 25% lift in predictive performance over conventional credit scores when tailored to targeted risk tiers.3 How lenders can put cash flow insights to work at scale As interest in cash flow insights grows, the conversation is moving beyond what the data can reveal to how financial institutions can use it consistently and responsibly. That requires standardized consumer reporting, clear governance and decision-ready insights that can work within established lending processes. The launch of Experian Cashflow Data Bureau at Vision 2026 reflects this shift from access to adoption. The new consumer reporting agency operates under the Fair Credit Reporting Act (FCRA) and is designed to help financial institutions adopt consumer-permissioned cash flow insights at scale. A key part of that foundation is the cash flow consumer report, which organizes consumer-permissioned banking information into a standardized consumer report regulated under the FCRA. This gives lenders a consistent foundation for incorporating cash flow information into lending decisions while providing consumers with access to the information in their report. Turning greater visibility into better decisions The next evolution in credit isn’t about choosing between traditional credit and cash flow data. Each provides a different perspective. Traditional credit information offers deep insight into how consumers have managed credit over time. Cash flow insights can add context about financial activity and capacity. Bringing those perspectives together can give lenders greater visibility into consumers’ financial health and help them better distinguish between risk and resilience, support more informed decisions and identify opportunities to responsibly expand access to credit. As cash flow adoption continues to grow, its value will come from how effectively it complements the information lenders already use. The opportunity isn't simply to see more data. It's to turn that additional visibility into smarter, more informed decisions. Explore how Experian Cashflow Data Bureau is helping financial institutions put consumer-permissioned cash flow insights into practice at scale. Learn more [1] Federal Reserve Bank of New York, The Market for Credit Building: Demand, Product Characteristics and Consumer Uses, 2026. [2] Experian commissioned Atomik Research to conduct an online survey of 2,000 U.S. adults age 18+. Fieldwork took place July 16–21, 2026. Margin of error: +/- 2.2 percentage points at a 95% confidence level. [3] Based on Experian analysis when Cashflow Score is compared with conventional credit scores, tailored to targeted risk tiers. Predictability based on KS.

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