PaymentsJournal
SUBSCRIBE
  • Analysts Coverage
  • Truth In Data
  • Podcasts
  • Videos
  • Industry Opinions
  • News
  • Resources
No Result
View All Result
PaymentsJournal
  • Analysts Coverage
  • Truth In Data
  • Podcasts
  • Videos
  • Industry Opinions
  • News
  • Resources
No Result
View All Result
PaymentsJournal
No Result
View All Result

Taking the High Road; Experian Rolls out New Features

Brian Riley by Brian Riley
September 29, 2017
in Analysts Coverage
0

Internet shopping. Woman shopping online with credit card and laptop.

0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

Awesome move.  Instead of criticizing Equifax, Experian adds new consumer features in a UK market test.

  • London Stock Exchange-listed global information provider Experian has begun piloting a software tool which pre-checks mortgage eligibility against six lender’s criteria alongside a free consumer credit check.

  • The pilot includes six lenders: Barclays, Aldermore, Family BS, West Brom, Leeds BS and Platform.

It would be an easy shot for Equifax’ global competitor to talk about the flaws that caused the recent 145,000,000 record breach.  Instead, Experian launches a nice product in the UK that enables consumers to prequalify for mortgages.

  • “The pilot is part of the Financial Conduct Authority’s regulatory sandbox created by Innovate, which enables businesses to test innovative products, services, models and delivery mechanisms in a live environment.

  • The sandbox provides innovators such as Experian with support to navigate the regulatory system and promote competition in the interests of consumers.

With social media, it is easy to get into the attack mode with “we’re better because…” message.  It is refreshing to see Experian focus on innovation rather than criticizing their global competitor after one of the most significant breaches in history.

Overview by Brian Riley, Director, Credit Advisory Service at Mercator Advisory Group

Read the full story here

Tags: ExperianUnited Kingdom
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

    Analyst Coverage, Payments Data, and News Delivered Daily

    Sign up for the PaymentsJournal Newsletter to get exclusive insight and data from Javelin Strategy & Research analysts and industry professionals.

    Must Reads

    Google Wallet Expands Features

    Google Wallet Continues to Bet on Digital with Expanded Features

    June 2, 2023
    digital value

    How Embracing Digital Value Can Help Solve the B2C Payments Conundrum

    June 1, 2023
    instant payments, real-time payments, RTP

    Banks Developing Instant Payments Products in the U.S. Should Focus on Billers to Generate New Revenue Streams  

    May 31, 2023
    Digital Wallet Use Delivers on Convenience and Security

    Digital Wallet Use Delivers on Convenience and Security

    May 30, 2023
    5 Ways to Protect Your Financial Institution from a Cyberattack

    5 Ways to Protect Your Financial Institution from a Cyberattack

    May 26, 2023
    traditional banks

    How Traditional Banks Can Modernize Without Risk

    May 25, 2023
    identity fraud

    Javelin’s Identity Fraud Study Highlights the Changing Nature of Fraud

    May 24, 2023
    SASE, security-as-a-service

    Security-as-a-Service Secures
    Distributed IT Models

    May 23, 2023

    Linkedin-in Twitter

    Advertise With Us | About Us | Terms of Use | Privacy Policy | Subscribe
    ©2023 PaymentsJournal.com

    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Videos
    Menu
    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Videos
    • Industry Opinions
    • Recent News
    • Resources
    Menu
    • Industry Opinions
    • Recent News
    • Resources
    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Industry Opinions
    • Faster Payments
    • News
    • Jobs
    • Events
    No Result
    View All Result

      Register to download this complimentary report from CSG Forte: