Experian Continues to Drive Innovation in Credit Decisioning
In a move that is set to revolutionize the way banks assess risk and expand access to credit, Experian PLC has partnered with Plaid to improve credit decisioning. This strategic collaboration marks a significant milestone for the company, a leading provider of professional services in the Industrials sector.
The partnership with Plaid is expected to deliver better outcomes for consumers by enabling lenders to assess risk more accurately. This is a crucial step towards making credit more accessible to those who need it, while also ensuring that lenders are protected from potential risks.
But that’s not all - Experian’s Ascend Platform has been found to provide a substantial return on investment (ROI) of 183% for global banks and credit providers. This impressive figure is a testament to the platform’s ability to help lenders make better decisions on credit granting and fraud prevention.
The Ascend Platform’s success is a key driver of Experian’s growth and innovation. By providing a robust and reliable solution for credit decisioning, the company is helping lenders to stay ahead of the curve and adapt to changing market conditions.
In other news, Experian has scheduled its Annual General Meeting (AGM) for July 16. This is an important event for shareholders and stakeholders, providing an opportunity to review the company’s performance and discuss its future plans.
The company has also released its annual report, which provides a comprehensive overview of its activities and financial performance. The report is a valuable resource for anyone looking to gain a deeper understanding of Experian’s business and its place in the market.
Key Highlights:
- Experian partners with Plaid to improve credit decisioning
- Ascend Platform delivers a substantial ROI of 183% for global banks and credit providers
- Annual General Meeting (AGM) scheduled for July 16
- Annual report released, providing a comprehensive overview of the company’s activities and financial performance