Experian: Experian's Cashflow Score Signals Growing Adoption of Open Banking powered Lending

In a move to help lenders leverage open banking enabled consumer-permissioned transaction data, Experian announced the launch of Cashflow Score. The solution is the latest in a list of products that may be used to make lending decisions and provides "up to 25% lift in predictive performance when compared to conventional credit scores." Experian's solution can integrate into workflows alongside traditional credit scores - providing lenders "with a clearer view of an applicant's financial behavior, including