Tagged: experian

Apple BNPL Users Will Have their Payment History Reported to Experian

Apple (NASDAQ:AAPL) released a buy now pay later (BNPL) product a year ago. Expectations are for a more extended credit option to appear soon as Apple continues its ongoing expansion into financial services. Today, Experian has shared that Apple BNPL users will now have their… Read More

Fraudsters Are Leveraging Generative AI to Dupe Consumers and Businesses – Research Report

Experian released its 2024 Future of Fraud Forecast, which identifies five fraud threats consumers and businesses should be cautious of this year. Today’s fraudsters are sophisticated and will “deploy the latest technology, such as generative artificial intelligence, to dupe consumers and businesses.” According to an… Read More

UK Consumers May Switch and Save £672 Annually as Lower Interest Credit Returns in 2024 – Experian Analysis

Experian has shared an important update which reveals that UK consumers may switch and save £672 annually as lower interest credit returns in 2024. According to a blog post by Experian, savvy Brits are already “taking advantage with searches for balance transfer credit cards up… Read More

NeuroID’s Behavioral Analytics Available via Experian’s Fraud Prevention Solutions

Experian announced NeuroID’s behavioral analytics is now available through Experian’s fraud prevention solutions, including CrossCore and Precise ID. NeuroID’s unique behavioral analytics solution “provides robust, frictionless fraud prevention capabilities that can effectively combat identity theft, deter fraud ring attacks and protect against AI-enabled bots while… Read More

Experian Adds Capabilities to UK Ascend Analytics Platform to Streamline Lender Operations and Client Outcomes

Experian, the global information services company, has announced the launch of a suite of new capabilities for Ascend, its cloud-based analytics and technology platform. These latest innovations aim to “increase operational efficiency, maximize profitability and support lenders and businesses in today’s rapidly changing market conditions… Read More

Automobile Financing Report: Average Amount Financed for Vehicles Decreased in Q3 2023, Indicating Positive Trend for Consumers

With affordability remaining top of mind throughout the automotive industry, new data shows the average loan amount “for new and used vehicles decreased in Q3 2023, an optimistic sign that things are continuing to level out for vehicle shoppers.  ” According to Experian’s State of the… Read More

Identity Fraud Set to Peak During Shopping Surge – Experian Report

Identity fraud rose by more than a fifth this year, “amid warnings that fraudulent activity is set to peak over the Christmas shopping period.” New analysis from Experian reveals “that identity fraud rose by 22% in 2023, when compared to 2022, with the trend expected… Read More

Financial Stress and Trauma Experienced by Majority of US Adults – Experian Report Claims

A significant 68% of U.S. adults feel they have suffered from, or are currently suffering from, financial trauma according to new research released today by Experian. The research sheds light on the prevalence of negative feelings and angst “related to financial matters, with approximately 65%… Read More

Experian Introduces New Card to Support Consumers with Becoming Debt-Free, while Building Credit

Continuing its innovation to put debt-free, credit-building power in consumers’ hands, Experian launched the Experian Smart Money Digital Checking Account & Debit Card that embeds the first-of-its-kind feature Experian Boost. Now it will be even more convenient for consumers “to use Experian’s FICO Score -boosting… Read More

HSBC UK, Nationwide Building Society, Others Launch Support Hub to Share Access Needs with Multiple Organizations

Founding members including HSBC UK, Nationwide Building Society, Tesco Bank, NewDay, Co-operative Bank and Ovo have come together to launch Support Hub, a free platform powered by Experian that “shares access needs with multiple organisations in one go.” Nearly three-quarters (73%) of disabled people “have… Read More

Experian Adds IntoZetta Capabilities to Assist Firms with Taking Control of Data Quality

Experian announced that IntoZetta’s data governance capabilities will be integrated with Experian’s Aperture Data Studio, the company‘s flagship data quality platform. The combination of data quality and data governance capabilities will allow clients “to better find, track and manage their data while ensuring that it… Read More

Konfir Enhances UK Pre-Employment Screening Process with Access to Employment Data via Experian’s Work Report

Experian has announced a deal with Konfir in a move that is set to transform the pre-employment checking process for both candidates and employers. By adding Experian’s income and employment verification solution, Work ReportTM1, to its existing offering, Konfir reportedly “becomes the first provider in… Read More

Auto Financing: Consumers Continue to Prefer Shorter-Term Loans, Experian Report Claims

A new Experian report shows consumers are continuing to opt for shorter term loans. In the second quarter of 2023, captives reportedly “regained the lion’s share of total vehicle financing, outpacing banks and credit unions.” According to Experian’s State of the Automotive Finance Market Report:… Read More

Financial Wellbeing: Civica, Experian to Enhance Worker Payday Experience

Customers of global software provider Civica will benefit from enhanced payroll information thanks to a new partnership with Experian. Through Experian’s interactive digital platform, PayDashboard, Civica users “will be empowered to better engage with, and understand their payslip information, helping them to take control of… Read More

FTC Charges Experian with “Spamming” Clients Who Signed Up for Accounts with Marketing Emails They Couldn’t Opt Out Of

The Federal Trade Commission will require Experian Consumer Services, which offers consumers access to their Experian credit information, “to pay $650,000 to settle charges it sent consumers unsolicited email without offering them a way to opt out of such messages, as required under the CAN-SPAM… Read More

Experian Now Offers Real Time Employment Verification

Experian has announced the availability of real-time employment verifications as well as income. The service is aimed at credit or loan providers. The information is said to come directly from employer payroll services. Experian claims to cover over 85% of the US workforce for the… Read More

Open Banking: First Time Buyers’ Mortgage Hopes Helped by Leeds Building Society, Experian

Aspiring homeowners can improve their chances of getting on the housing ladder thanks to Open Banking and “to extra evidence of a borrower’s good financial track record being factored into mortgage checks by a leading lender.” Leeds Building Society has reportedly “become the first UK… Read More

Experian Introduces AI Fraud Solution to Combat Fraudulent Activities, Boost Revenue

Experian – which claims to be one of the world’s leading global information services companies – has launched Aidrian, a new cloud-based fraud solution “powered by adaptive Machine Learning, which enables businesses to prevent fraud without impacting the customer experience.” Experian’s latest research “shows fraud… Read More

Experian Money-Saving Resources to Help Consumers Develop Better Savings Strategies

To help keep more money in consumers’ wallets and bring financial power to all, Experian is partnering with nationally-recognized consumer finance and budgeting professional Andrea Woroch in order “to share financial tips and create awareness about a variety of Experian resources that can help consumers… Read More

Experian Selects AWS as Cloud Provider to Drive Product Innovation at Scale

Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), announced that Experian (LON:EXPN), the global information services company and credit reporting bureau, “has named AWS as its preferred cloud provider to power its multiyear information technology (IT) modernization initiative.” As part of the… Read More

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