"Fintech lenders need to capture real-time data for underwriting. After months of disruption, traditional backward-looking metrics do not paint an accurate picture of a borrower’s creditworthiness today." - @haar_jacob
We couldn't agree more 👌
https://t.co/6qcpUAYpCg
1/ 3 Why am I so passionate about #OpenBanking (#ConsumerDirectedFinance)? Simple. This @LoPResearch summarizes @PhiladelphiaFed research into #FinTech lending. Using alternative data, fintech lenders identify "invisible prime borrowers"...2 https://t.co/ZeL22kTrnl