Infographic
Infographic
Published July 8, 2024
Banks Collections & Debt RecoveryThe financial industry continues to undergo significant transformations, driven by rapid technological advancements and changing consumer preferences. Open banking is at the forefront of these changes, a system that enables third-party financial service providers to access consumer banking information through secure application programming interfaces (APIs).
Enhance your strategy and lead the charge in this banking revolution.
A strong credit risk decisioning strategy is crucial for any financial institution looking to stand out from the competition, book more high performing loans, and drive revenue. Lenders can achieve this by implementing next-gen AI technology to:
Watch this video to learn how you can level up your credit decisioning journey across the customer lifecycle with the Experian Ascend Platform.
GenAI is transforming the financial services industry by drastically improving productivity and efficiency. Experian Assistant, our award-winning GenAI solution, can help lending institutions:
Watch this video to discover how Experian Assistant can help your business unlock the full power of your data with less friction and faster results.
Financial institutions face several challenges during the credit decisioning process, such as poor data quality, scalability issues, data fragmentation, and high maintenance costs. Experian can help lending institutions enhance their credit decisioning journey at every step, through:
Discover how your organization can take your credit decisioning journey to the next level with the Experian Ascend Platform™.
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: