Finicity is part of the Mastercard family. Our open banking platform provides the financial data you need.

5 Key Problems in Credit
Decisioning and How Open Banking Solves Them

Open banking platforms deliver consumer-permissioned data,
the foundation of more comprehensive, more accurate risk
assessment. And lenders need enhanced assessment in order
to remedy these five problems in today’s credit market.

Read all about it in our e-book

Download the e-book now

Learn how to solve these five problems:

  • Traditional credit scoring is a lagging indicator of financial health
  • Credit scores do not follow individuals across borders
  • Sixty-two million Americans have a thin credit file or are credit invisible
  • Millennials are lagging behind other generations in building credit
  • The COVID-19 pandemic has exposed problems with traditional credit scoring

Certain open banking solutions are provided by Finicity, a Mastercard company.