Experian, the multinational data brokerage headquartered in Dublin, has launched Cashflow Score, an open banking-powered solution that leverages consumer-permissioned transaction data to improve credit decision-making, particularly for individuals with limited or no credit history. The new score integrates with traditional credit assessments, providing lenders with a more comprehensive view of applicants’ financial behavior, and delivering up to a 25% improvement in predictive accuracy. By combining traditional credit data with real-time cashflow insights, Experian aims to enhance financial inclusion and support more informed lending practices.
Launch of Experian’s Cashflow Score Signals New Era of Open Banking-Powered Lending
