This COVID-19 crisis is a test of our resilience and the financial services landscape could change permanently during the recovery. The promise of harnessing telco data and decisioning to drive better financial inclusion and equitable opportunities can help us ‘open up’ opportunities – this time sustainably and resolutely.
39 per cent of 22 to 28-year olds’ credit scores weakened in COVID-19 impacted year, with their credit mix leaning towards credit cards in 2020 vs 2018. Lenders tightened new approval requirements across most portfolios in 2020.
Digital identity solutions are a crucial component to enhancing the customer experience in digital transactions. Driven by verified data, digital identity as a concept benefits both businesses and consumers. Innovative and effective solutions can prevent costly fraudulent activity and enhance compliance measures for businesses and ensure a more convenient and…
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