Usage by financial institutions increased by 46% year-over-year from approximately 6 billion scores used to 8.8 billion scores. Usage by banks and thrifts increased by 13.5% and usage by credit card issuers increased by over 18%.
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TransUnion Brings Together Senior Leaders in Financial, Insurance Industries
At its inaugural Financial Inclusion Forum, TransUnion had a group of executives discuss ways to meet and engage consumers where they are on their financial journey, and to help create and deliver equitable products and services for them.
Read More »Fintech for Financial Inclusion
Watch this video to learn how the inclusion of transaction account data in credit assessments can broaden financial inclusion, which ultimately benefits both, the mortgage borrower and the lender.
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