The future of banking and credit cards

Document: Published Jan 9, 2020

Rising customer expectations, advancements in AI and machine learning and generational shifts are paving the way for banks and credit companies to see a complete transformation. But what does this transformation look like?

Download our eBook and get Experian’s perspective on the future of banking and credit cards.

Related Resources

  • Case Study: WSECU Implements Instant Digital Prequalification
    Document Published Date: Published Oct 18, 2019

    Washington State Employees Credit Union (WSECU) leveraged Experian’s Advanced Prequalification solution to provide members with instant credit decisioning through their online banking platform. Within three months of implementing a digital prequalification process, the member-powered credit union’s loan and credit applications increased by 25%.

    Discover how Advanced Prequalification helped WSECU in this case study.

  • Case Study: Vantage West CU and Targeting Credit-Active Prospects
    Document Published Date: Published Oct 18, 2019

    As a mortgage lender, it’s important to reach the right customers at the right time. Vantage West Credit Union leveraged Experian’s Prospect TriggersSM to identify and target qualified consumer in the market for credit, leading to an additional $18 million in funded mortgages.

    Learn how this Arizona-based credit union targeted credit-active prospects in this case study.

  • Fintech vs. Traditional FIs: Trends in Unsecured Personal Installment Loans
    Document Published Date: Published Sep 17, 2019

    Fintech is now synonymous with constant innovation, agile technology structures, and being on the cusp of the future of finance—fintech challengers; companies who are disrupting existing financial models by leveraging data, advanced analytics, and technology. These challengers have since inspired traditional financial institutions to either emulate or collaborate. Learn how fintechs are faring against traditional FIs with this must-have eBook.

  • 2019 Alternative Financial Services Lending Trends
    Document Published Date: Published Jul 18, 2019

    Clarity Services, a part of Experian, provides valuable alternative credit data to alternative financial service providers. Clarity’s alternative data gives lenders a more complete picture of nonprime applicants, so they can make better and more informed decisions.

    We analyzed the trends and financial behavior of nonprime consumers by looking at application and loan data in Clarity’s specialty credit bureau from 2014 through 2018. A study sample of more than 350 million consumer loan applications and more than 25 million loans was created and leveraged to evaluate market trends during this period. Data from Experian’s national credit bureau was also used to help profile consumers.

    Download our latest white paper to learn more.

Experian and the Experian marks used herein are service marks or registered trademarks of Experian Informations Solutions, Inc. Other product and company names mentioned herein are the property of their respective owners.