Tag: fintech
Ian P. Moloney of the American Fintech Council discusses responsible fintech innovation and Experian’s role in expanding credit access.
Discover how Union Credit and Experian help credit unions reach younger consumers through personalized digital lending experiences.
Unlock the future of fintech by exploring how alternative data is reshaping decision-making and growth strategies.
Fintech analytics transforms fragmented data into real-time decisioning power, helping lenders manage risk and earn consumer trust.
Discover how data-driven risk management strategies are transforming credit risk management in the fintech industry.
Industry leaders are leveraging GenAI technology to accelerate the modeling lifecycle, streamline workflows and ensure regulatory compliance.
Scott Brown, Group President at Experian, recently presented at Reuters Next on the power of AI innovation in financial services.
With fraudsters continuously refining their methods, fintechs must invest in advanced fintech fraud detection and prevention solutions.
As digital borrowing continues to gain prominence, fintech lenders must leverage data and analytics to fuel growth while mitigating risk.
Explore credit card marketing trends and strategies to help you identify, engage, and acquire the right customers.
The rapid acceleration of digital shopping and transactions highlights the need for marketplaces to refine their fraud and identity proofing strategies.
View our digital lending trends report for a full analysis on origination volume trends, delinquency trends, and consumer behavior insights. Read more!
Download the ultimate guide for lenders to debunk popular buy now, pay later myths and how BNPL can benefit consumers and lenders.
“As an industry, fintech is known for creating compelling and personalized online journeys. But that experience can suffer if the fraud-prevention routines are perceived as burdensome by consumers,” said Kathleen Peters, Chief Innovation Officer for Experian’s Decision Analytics business, in a recent Q&A article with Finovate. With the proliferation of the digital world, managing digital identity and “getting it right” is crucial. However, as much as it is an opportunity, leveraging consumer identity data can also create a stumbling block for some organizations. Peters cited Experian’s annual Global Identity and Fraud Report, specifically, the consumer concern around online security and the need for industry players to find the right balance between security and a frictionless experience. “In short, we need the right fraud-prevention treatment for the right transaction; it is not a one-size-fits-all exercise,” Peters said. The interview also covered the importance of knowing a customer’s identity for compliance reasons and business use cases, dispelling the myth that banks’ efforts around personalization are considered “creepy” by consumers, and the best ways for banks and fintechs to build trust among their consumers. According to Experian’s Global Identity and Fraud Report, consumers are willing to give entities they trust more data, particularly if they feel they are receiving value. And it’s undeniable that data is at the heart of personalization and building better relationships. “It comes down to identifying and understanding consumers and their needs. The best way to do that is with a lot of data,” Peters said. To read the full article, visit Finovate’s website. Finovate: Experian CIO on Digital Identity, Personalization and Building Trust with Consumer Data Learn more about Experian Identity
Experian recently attended Fintech Nexus USA, formally known as LendIT Fintech USA, to discuss fraud prevention and BNPL. Read more!