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

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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The Open Banking Opportunity
The Open Banking Opportunity

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