How Digital Lenders Can Make Faster, More Responsible Decisions With Real-Time Data
Key Takeaways Real-time data can provide a more current view of a borrower’s financial position. Fast approvals should still rely on accurate data, clear policies, and appropriate oversight. Historical credit information remains valuable when paired with current cash-flow and verification signals. Automation requires controls to ensure privacy, prevent fraud, uphold fairness, ensure explainability, and maintain … Read more
