Financial Inclusion Top of Mind for U.S. Financial Leaders
EXPERIAN PLC S/ADR (EXPGY)
NASDAQ:AMEX Investor Relations:
experianplc.com/investors
Company Research
Source: Business Wire
New study commissioned by Experian finds most banks are focused on driving financial inclusion; nearly 60 percent believe expanded data can improve access to credit COSTA MESA, Calif.--(BUSINESS WIRE)--Financial inclusion is a primary focus for nearly all banks and financial institutions according to a new commissioned study Experian® released today conducted by Forrester Consulting. The study highlights lenders’ plans to make financial products and services more affordable for consumers across the United States and shows one-quarter of banks have financial inclusion plans up and running with over two-thirds in the process of implementing financial inclusion strategies.In addition, the study reinforces the role expanded data plays in increasing access to fair and affordable credit. In fact, sixty two percent of respondents stated the use of additional data sources can improve access to credit for consumers and 60 percent plan to use advanced analytic technologies, machine learning
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