Article: Experian & Neonomics to streamline access to data and affordability calculations

Access, Money, Open Decision-Support, Open Governance

Experian & Neonomics to streamline access to data and affordability calculations

Neonomics and Experian have teamed up to offer lenders up-to-date credit information by classifying raw transactional data into predefined categories of income and expenditure. The collaboration will boost Experian’s Open Data strategy, thus enabling lenders to improve their decision-making processes and user experiences for effective management of portfolios.

Experian will bring Trusso, their open banking machine-learning categorization engine, and Neonomics, as a licensed third-party provider with close to 100% live fully operational coverage across the Nordics, is enabling pure API based account-to-account payments and account data. Experian will boost the expansion of its Open Banking solution across the Nordics, following the launch in Denmark.

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