Tagged: experian

March 27, 2025 @ 8:31 am By Omar Faridi  |  

In a move to help lenders leverage open banking enabled consumer-permissioned transaction data, Experian announced the launch of Cashflow Score. The solution is the latest in a list of products that may be used to make lending decisions and provides “up to 25% lift in predictive… Read More

March 21, 2025 @ 3:45 pm By Omar Faridi  |  

Affirm Holdings, Inc. (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, announced it is expanding its credit reporting to Experian to include all of Affirm’s pay-over-time products beginning April 1, 2025. By furnishing information about all of its pay-over-time transactions… Read More

March 20, 2025 @ 7:55 am By Omar Faridi  |  

Insights from Experian reveal the rise of ‘synthetic fraud’ in the UK. Recent analysis of confirmed fraudulent and potentially fraudulent credit applications shows that there was “an increase of 60% in false identity cases in 2024 when compared to 2023, with the cases now making… Read More

March 13, 2025 @ 9:59 am By JD Alois  |  

Mifundo reports that it has partnered with Experian to enable cross-border credit in the EU. Experience is a top credit reporting and analytics firm that provides services globally. Mifundo, founded in 2028 and based in Estonia, is developing an artificial intelligence cross-border date platform to power… Read More

March 11, 2025 @ 8:04 am By Omar Faridi  |  

Experian noted that research released for Credit Awareness Week, reveals rising costs (61%) and economic uncertainty (58%) are the two biggest barriers for British businesses striving for sustainable long-term growth. Additional barriers cited include “consumer confidence, regulatory changes and cybersecurity threats.” To combat these challenges,… Read More

February 28, 2025 @ 1:04 pm By Omar Faridi  |  

Dynamo AI, makers of compliant-ready AI for the enterprise, announced that Experian has productionized Dynamo AI’s security and compliance suite to enable deployment of generative AI (GenAI) capabilities across its operations. The relationship, which reportedly began back in 2023, has now enabled Experian “to scale… Read More

February 14, 2025 @ 12:35 pm By Omar Faridi  |  

Experian‘s research ‘Proactive Defense: Tackling Evolving Fraud Threats’ conducted by Forrester Consulting, surveyed more than 400 senior fraud professionals and decision makers across different countries, such as India, Norway, Denmark, Spain, Italy, the Netherlands and Germany. As mentioned in the update from Experian, a notable… Read More

January 14, 2025 @ 9:21 pm By Omar Faridi  |  

Experian has announced that ReFi, a debt consolidation technology from Paylink Solutions, will become part of the Experian Consumer Services Marketplace, in a boost for consumers and lenders with debt consolidation and affordability challenges. Research from Experian, compiled for Fair 4 All Finance, reveals that… Read More

January 8, 2025 @ 11:51 am By JD Alois  |  

The Consumer Financial Protection Bureau (CFPB) has sued Experian (LSE:EXP) – a firm best known for its credit reports. The CFPB claims that Experien “does not take sufficient steps to intake, process, investigate, and notify consumers about consumer disputes, resulting in incorrect information on consumer… Read More

December 14, 2024 @ 1:45 pm By Omar Faridi  |  

Experian announced its 2024 Global Identity & Fraud Report that provides a view of the consumer and business response to the fraud patterns and fraud‑mitigation strategies in the financial services sector. The research study offers meaningful insights from more businesses and fraud prevention professionals, as… Read More

December 10, 2024 @ 10:19 pm By Tony Zerucha  |  

Hackers targeting hackers, vulnerable data centers, and AI-supported employee theft are among Experian’s predictions for the trends that will shape 2025. They are included in Experian’s twelfth annual Data Breach Industry Forecast. Today, cyber hacking and its results are not confined to grown-ups. According to the… Read More

December 7, 2024 @ 2:33 pm By Omar Faridi  |  

Experian — the data and technology company — announced it has acquired Audigent, a data activation and identity platform in the advertising industry. The acquisition reportedly expands Experian’s integrated marketing data and identity capabilities in the advertising ecosystem. With the addition of Audigent’s combined first-party… Read More

December 4, 2024 @ 11:02 pm By Omar Faridi  |  

When it comes to cybercriminals and threat vectors, “expect the unexpected.” Experian’s Data Breach Industry Forecast noted while sharing key predictions for 2025 covering a range of potential trends with AI at the forefront including growing sources of threats such as “AI-savvy teens and fresh… Read More

December 3, 2024 @ 1:05 pm By Omar Faridi  |  

Nationwide, which claims to be the UK’s largest building society is the first major lender to reportedly use Experian Work Report in order to verify applicants’ income, removing the need for manual income proofs. Mortgage applications are set to become “speedier” after Nationwide joined forces… Read More

November 8, 2024 @ 6:05 pm By Omar Faridi  |  

Analysis by Experian and Reward reveal key shopping trends ahead of crucial ‘Golden Quarter.’ Informative and timely insights from Experian, in partnership with Reward, reveal that consumers – despite the festive tradition of heading to the high street – are likely to do “more of… Read More

November 5, 2024 @ 7:19 am By Omar Faridi  |  

Experian research released recently highlights a strong interest among U.S. consumers in using generative AI for personal financial management. The tech and data company has reportedly surveyed consumers across the country to understand current perceptions about generative AI and how frequently Americans are tapping into… Read More

October 30, 2024 @ 10:25 pm By Omar Faridi  |  

Experian announced the launch of Experian Assistant, a generative AI-enabled solution that accelerates the modeling lifecycle, slashing model-development timelines from months to days. Integrated with Experian Ascend Technology Platform, this solution reportedly empowers users to leverage their data for analytics with less effort. The world’s… Read More

October 21, 2024 @ 8:28 am By Omar Faridi  |  

Behavioral biometrics and device intelligence technology enables businesses to analyZe all customer interactions to better identify suspicious behavior. Experian UK&I announces a partnership with lead behavioral biometrics and device intelligence-based fraud prevention. As online attacks and scams become increasingly sophisticated with the use of GenAI… Read More

October 14, 2024 @ 8:16 am By Omar Faridi  |  

Experian UK&I has recently announced an AI-powered data solution ‘Hazard Tags’ which will help with the transformation of underwriting processes in the commercial insurance sector. As explained in the update from Experian, manual underwriting methods can be time-consuming for insurers and can often lead to… Read More

October 8, 2024 @ 3:34 pm By Omar Faridi  |  

Experian Consumer Services announcing a partnership with Oakbrook, a non-bank consumer lender, to offer debt consolidation loans on the Experian Marketplace by reportedly using Paylink’s ReFi tech. This recently announced collaboration is said to mark a significant milestone in improving financial inclusion and unlocking access… Read More