Leverage Technology to Facilitate the Responsible Flow of Credit and Financial Wellness

January 29, 2021

Responsible lending requires banks to dig into consumers’ financial data to better understand their financial position and document a borrower’s ability to repay a loan. Bank statements are key to verifying a consumers identity and account information, but they’re not all in the same formats or places. Therefore it can be problematic without the right technology – for the financial institution and the consumer – to bring it all together.

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