The Wall Street Journal explains the new Experian Boost with consumer-permissioned data compiled by Finicity. Consumers, especially those with thin files or scores between 580-670, will have even more control over their credit score by providing utility and cellphone payment data which will in turn be added to their credit reports. Read more here (paywall).
The Wall Street Journal broke the news of Finicity, Experian and FICO’s involvement in creating the new UltraFICO™ Score. Finicity CEO Steve Smith talks about how the score will benefit consumers by allowing them to use their consumer-permissioned data to increase their access to good credit.
The article also appearred on the front page of The Wall Street Journal on Monday, October 22. Read more here (paywall).
American Banker reporter Nathan DiCamillo recently spoke with Finicity president and co-founder Nick Thomas to discuss our recent announcement with Capital One and the state of collaboration between U.S. banks and fintechs. Read more here.
Editor-in-chief of HousingWire and host of the “In the Winner’s Circle” podcast Jacob Gaffney recently spoke with Finicity CEO Steve Smith about digitization in the lending industry, the importance of customer data protection and the role that blockchain technology is beginning to play. Listen to the full podcast to learn more about how these tech trends are impacting mortgage lending here.
Finicity was announced today as a HousingWire Tech100 winner, denoting our company as one of the most innovative technology companies in housing! We were recognized for our suite of credit decisioning products, including Finicity Reports, and our commitment to moving the industry towards an all-digital verification process. To read more, click here. To see the full list of winners, click here.
In his article for The Financial Brand, Steve Smith covers how new technology and improvements in data quality are making it easier for lenders to evaluate the credit worthiness of consumers who’ve been labeled “credit invisible.” Click here to learn more about how data aggregation technology is transforming the credit decisioning process for both borrowers and lenders.