Case Study
Case Study
Published May 3, 2021
Credit Unions Customer ManagementLearn how Experian partnered with Educational Federal Credit Union (EdFed) to design an underwriting strategy that enabled them to approve and fund more loans without increasing risk.
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Based on interviews with global financial institutions, the Forrester Total Economic Impact™ study, commissioned by Experian, reveals real customer impact stories and business wins delivered by the Experian Ascend Platform™. This infographic shares some of the key findings.
Key insights include:
GenAI isn’t just changing the financial services industry; it’s redefining it. When faced with industry challenges and economic uncertainty, leading financial institutions strategically leverage GenAI to drive business growth and profitability.
Experian’s latest innovation, Experian Assistant, is empowering financial institutions stay ahead of the competition while driving strong business results.
Experian Assistant enables organizations to:
Download our latest white paper to unlock insights into how you can improve internal productivity, serve your customers more effectively and generate revenue.
Managing credit limits effectively can help financial institutions maintain a healthy, profitable credit card portfolio. Proactively increasing credit limits can enhance your ability to provide excellent customer satisfaction and drive higher revenue.
Lenders can strategically implement proactive credit limit increases to:
Proactive credit limit increases give customers access to more credit, which can positively impact their financial health and help you drive business growth.
Relying solely on traditional credit scores can leave you with a limited view into consumers’ financial stability.
See how integrating alternative data can help you: