Latest news with #ScottBrown
Finextra
3 hours ago
- Business
- Finextra
Experian and Plaid team to provide real-time cashflow insights to lenders
Today, Experian, a global data and technology company, and Plaid, a leading financial data network, announced a strategic collaboration to lower barriers to accessing cashflow solutions and expanding financial inclusion. 0 Now, banks, credit unions and consumer lenders can leverage Experian and Plaid's combined expertise in real-time cashflow data and credit analytics to accelerate decisions, sharpen risk assessments and improve borrower outcomes. 'We are highly focused on making real-time cashflow data and insights more accessible to drive greater financial inclusion and enable our clients to have a more holistic view of an individual's financial health,' said Scott Brown, Group President Financial Services for Experian North America. 'This is just the beginning of what we believe will be a very powerful relationship with Plaid. Together, we're helping to accelerate the adoption of cashflow insights to drive faster decisions, stronger portfolios, and new financial opportunities for consumers. We're achieving this while delivering an experience that is transparent and provides consumers with control every step of the way.' How it works: turning real-time cashflow data into actionable insights As part of the newly forged relationship, lenders can leverage Plaid's secure connectivity capabilities used by 1 in 2 U.S. bank account holders, and Experian's expertise in advanced credit analytics and decisioning from a single solution. 'Real-time cashflow insights, alongside traditional credit data, are becoming essential for lenders to improve business outcomes and expand access to credit,' said Eric Sager, Chief Operating Officer at Plaid. 'Our work with Experian is about removing long-standing barriers, making it easier for lenders to access consumer-permissioned data and make better decisions. Together, we're building a more inclusive, intelligent and competitive financial system.' When a consumer consents to share cashflow data from their bank account during a loan application, a Consumer Report is generated on their behalf by Plaid's consumer reporting agency — and then securely delivered to Experian via a seamless integration. Experian analyzes the data and returns a predictive Cashflow Score or set of Cashflow Attributes to the lender in near real time. Consumer Report provides up to two years of historical data and the latest cashflow data from more than 12,000 financial institutions. Backed by the largest open banking data network — powering 7,000 apps and services — Plaid enriches and analyzes over 500 million transactions daily with proprietary machine learning and AI-powered categorization specifically for lending. Experian's Cashflow Score provides up to a 25% lift in predictive performance when compared to scores using conventional credit data. The score ranges from 300 to 850 and can be used to make decisions across credit cards, personal loans, auto loans and more. Why it matters: driving inclusion with a modern approach When traditional credit data is paired with cashflow insights, it creates new opportunities to assess risk more efficiently and holistically, particularly for consumers with limited credit histories. Incorporating cashflow insights gives lenders a broader view of consumers' finances, which can improve risk management and help expand access to more affordable credit. Ultimately, the collaboration between Experian and Plaid provides lenders with the capabilities and insights needed to offer first- and second-chance credit opportunities to even more consumers.
Business Wire
10 hours ago
- Business
- Business Wire
Experian and Plaid Team up to Unlock Smarter Credit Decisions With Real-Time Cashflow Insights
COSTA MESA, Calif. & SAN FRANCISCO--(BUSINESS WIRE)--Today, Experian ®, a global data and technology company, and Plaid, a leading financial data network, announced a strategic collaboration to lower barriers to accessing cashflow solutions and expanding financial inclusion. Now, banks, credit unions and consumer lenders can leverage Experian and Plaid's combined expertise in real-time cashflow data and credit analytics to accelerate decisions, sharpen risk assessments and improve borrower outcomes. Now, banks, credit unions and consumer lenders can leverage Experian and Plaid's combined expertise in real-time cashflow data and credit analytics to accelerate decisions, sharpen risk assessments and improve borrower outcomes. Share 'We are highly focused on making real-time cashflow data and insights more accessible to drive greater financial inclusion and enable our clients to have a more holistic view of an individual's financial health,' said Scott Brown, Group President Financial Services for Experian North America. 'This is just the beginning of what we believe will be a very powerful relationship with Plaid. Together, we're helping to accelerate the adoption of cashflow insights to drive faster decisions, stronger portfolios, and new financial opportunities for consumers. We're achieving this while delivering an experience that is transparent and provides consumers with control every step of the way.' How it works: turning real-time cashflow data into actionable insights As part of the newly forged relationship, lenders can leverage Plaid's secure connectivity capabilities used by 1 in 2 U.S. bank account holders, and Experian's expertise in advanced credit analytics and decisioning from a single solution. 'Real-time cashflow insights, alongside traditional credit data, are becoming essential for lenders to improve business outcomes and expand access to credit,' said Eric Sager, Chief Operating Officer at Plaid. 'Our work with Experian is about removing long-standing barriers, making it easier for lenders to access consumer-permissioned data and make better decisions. Together, we're building a more inclusive, intelligent and competitive financial system.' When a consumer consents to share cashflow data from their bank account during a loan application, a Consumer Report is generated on their behalf by Plaid's consumer reporting agency — and then securely delivered to Experian via a seamless integration. Experian analyzes the data and returns a predictive Cashflow Score or set of Cashflow Attributes to the lender in near real time. Consumer Report provides up to two years of historical data and the latest cashflow data from more than 12,000 financial institutions. Backed by the largest open banking data network — powering 7,000 apps and services — Plaid enriches and analyzes over 500 million transactions daily with proprietary machine learning and AI-powered categorization specifically for lending. Experian's Cashflow Score provides up to a 25% lift in predictive performance when compared to scores using conventional credit data. 1 The score ranges from 300 to 850 and can be used to make decisions across credit cards, personal loans, auto loans and more. Why it matters: driving inclusion with a modern approach When traditional credit data is paired with cashflow insights, it creates new opportunities to assess risk more efficiently and holistically, particularly for consumers with limited credit histories. Incorporating cashflow insights gives lenders a broader view of consumers' finances, which can improve risk management and help expand access to more affordable credit. Ultimately, the collaboration between Experian and Plaid provides lenders with the capabilities and insights needed to offer first- and second-chance credit opportunities to even more consumers. For more information about Experian's open banking capabilities, please visit: About Experian Experian is a global data and technology company, powering opportunities for people and businesses around the world. We help to redefine lending practices, uncover and prevent fraud, simplify healthcare, deliver digital marketing solutions, and gain deeper insights into the automotive market, all using our unique combination of data, analytics and software. We also assist millions of people to realise their financial goals and help them to save time and money. We operate across a range of markets, from financial services to healthcare, automotive, agrifinance, insurance, and many more industry segments. We invest in talented people and new advanced technologies to unlock the power of data and to innovate. A FTSE 100 Index company listed on the London Stock Exchange (EXPN), we have a team of 23,300 people across 32 countries. Our corporate headquarters are in Dublin, Ireland. Learn more at About Plaid Plaid is a global data network that powers the tools millions of people rely on to live healthier financial lives. Our ambition is to facilitate a more inclusive, competitive, and mutually beneficial financial system by using data analytics to simplify payments, revolutionize lending, and lead the fight against fraud. Plaid works with thousands of companies, including fintechs, Fortune 500 companies, and many of the largest banks to empower people with more choice and control over how they manage their money. Headquartered in San Francisco, Plaid's network spans over 12,000 institutions across the U.S., Canada, U.K., and Europe. 1 Based on Experian analysis when Cashflow Score is compared to conventional credit scores, tailored to targeted risk tiers. Predictability is based on the Kolmogorov-Smirnov test.
Yahoo
10 hours ago
- Business
- Yahoo
Experian and Plaid Team up to Unlock Smarter Credit Decisions With Real-Time Cashflow Insights
Experian analytics and Plaid permissioned data help lenders assess risk more accurately, expand access to credit and deliver better outcomes for consumers COSTA MESA, Calif. & SAN FRANCISCO, June 05, 2025--(BUSINESS WIRE)--Today, Experian®, a global data and technology company, and Plaid, a leading financial data network, announced a strategic collaboration to lower barriers to accessing cashflow solutions and expanding financial inclusion. Now, banks, credit unions and consumer lenders can leverage Experian and Plaid's combined expertise in real-time cashflow data and credit analytics to accelerate decisions, sharpen risk assessments and improve borrower outcomes. "We are highly focused on making real-time cashflow data and insights more accessible to drive greater financial inclusion and enable our clients to have a more holistic view of an individual's financial health," said Scott Brown, Group President Financial Services for Experian North America. "This is just the beginning of what we believe will be a very powerful relationship with Plaid. Together, we're helping to accelerate the adoption of cashflow insights to drive faster decisions, stronger portfolios, and new financial opportunities for consumers. We're achieving this while delivering an experience that is transparent and provides consumers with control every step of the way." How it works: turning real-time cashflow data into actionable insights As part of the newly forged relationship, lenders can leverage Plaid's secure connectivity capabilities used by 1 in 2 U.S. bank account holders, and Experian's expertise in advanced credit analytics and decisioning from a single solution. "Real-time cashflow insights, alongside traditional credit data, are becoming essential for lenders to improve business outcomes and expand access to credit," said Eric Sager, Chief Operating Officer at Plaid. "Our work with Experian is about removing long-standing barriers, making it easier for lenders to access consumer-permissioned data and make better decisions. Together, we're building a more inclusive, intelligent and competitive financial system." When a consumer consents to share cashflow data from their bank account during a loan application, a Consumer Report is generated on their behalf by Plaid's consumer reporting agency — and then securely delivered to Experian via a seamless integration. Experian analyzes the data and returns a predictive Cashflow Score or set of Cashflow Attributes to the lender in near real time. Consumer Report provides up to two years of historical data and the latest cashflow data from more than 12,000 financial institutions. Backed by the largest open banking data network — powering 7,000 apps and services — Plaid enriches and analyzes over 500 million transactions daily with proprietary machine learning and AI-powered categorization specifically for lending. Experian's Cashflow Score provides up to a 25% lift in predictive performance when compared to scores using conventional credit data.1 The score ranges from 300 to 850 and can be used to make decisions across credit cards, personal loans, auto loans and more. Why it matters: driving inclusion with a modern approach When traditional credit data is paired with cashflow insights, it creates new opportunities to assess risk more efficiently and holistically, particularly for consumers with limited credit histories. Incorporating cashflow insights gives lenders a broader view of consumers' finances, which can improve risk management and help expand access to more affordable credit. Ultimately, the collaboration between Experian and Plaid provides lenders with the capabilities and insights needed to offer first- and second-chance credit opportunities to even more consumers. For more information about Experian's open banking capabilities, please visit: About Experian Experian is a global data and technology company, powering opportunities for people and businesses around the world. We help to redefine lending practices, uncover and prevent fraud, simplify healthcare, deliver digital marketing solutions, and gain deeper insights into the automotive market, all using our unique combination of data, analytics and software. We also assist millions of people to realise their financial goals and help them to save time and money. We operate across a range of markets, from financial services to healthcare, automotive, agrifinance, insurance, and many more industry segments. We invest in talented people and new advanced technologies to unlock the power of data and to innovate. A FTSE 100 Index company listed on the London Stock Exchange (EXPN), we have a team of 23,300 people across 32 countries. Our corporate headquarters are in Dublin, Ireland. Learn more at About Plaid Plaid is a global data network that powers the tools millions of people rely on to live healthier financial lives. Our ambition is to facilitate a more inclusive, competitive, and mutually beneficial financial system by using data analytics to simplify payments, revolutionize lending, and lead the fight against fraud. Plaid works with thousands of companies, including fintechs, Fortune 500 companies, and many of the largest banks to empower people with more choice and control over how they manage their money. Headquartered in San Francisco, Plaid's network spans over 12,000 institutions across the U.S., Canada, U.K., and Europe. 1 Based on Experian analysis when Cashflow Score is compared to conventional credit scores, tailored to targeted risk tiers. Predictability is based on the Kolmogorov-Smirnov test. View source version on Contacts Amanda GarofaloExperian Public Lindsey HuttrerPlaid Communicationslhuttrer@ Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Daily Record
4 days ago
- Sport
- Daily Record
Scott Brown reveals the one Celtic booking he 'didn't deserve' as chuckling hero has no complaints about the other 145
Brown has few complaints about the bookings he received as a player... But this one still rankles Scott Brown was shown 146 yellow cards in his Celtic career – but there was only one of them he didn't deserve in his eyes. And it was arguably the most famous one of them all. The former Hoops captain was no stranger to the referee's book with his tough-tackling style and wind-up merchant approach putting him on the wrong side of many an official over the years. It was part of what made him an icon in the eyes of fans, of course, and the now- Ayr United boss has few regrets over doing whatever it took – after all it helped deliver an incredible 22 major trophies. But there's one booking that still rankles. The one he was shown for getting in the face of El-Hadj Diouf. The image of Brown standing in front of the Rangers forward with his arms spread out is a famous one. It occurred in 2011 when Brown put Celtic into the lead against Rangers in a Scottish Cup tie and made a beeline for Diouf who didn't take it well. And speaking on Frank McAvennie's Let Me Be Frank podcast, Brown said: 'I got booked for that. Honestly. That's probably the only booking I didn't deserve. 'We were having a go all season, to be fair. It was every game, then, was he still there that season afterwards? I can't remember how long he was there. 'But it was actually quite good banter. I liked somebody who gave me something back.' You can get all the news you need on our dedicated Rangers and Celtic pages, and sign up to our newsletters to make sure you never miss a beat throughout the season.
Daily Record
28-05-2025
- Sport
- Daily Record
Premier Sports Cup draw sees Ayr United set for clash with St Mirren as group stage revealed
The Honest Men will test themselves against the Saints as part of their group campaign. Ayr have learned their Premier Sports Cup fate this lunchtime after being drawn in Group D of the new season's first competition. Scott Brown's side will tackle Premiership opposition in the shape of St Mirren, who enjoyed an excellent season to finish inside the top six under Steven Robinson. The Honest Men will also face newly promoted Arbroath after the Red Lichties won promotion back to the Championship following a great season at Gayfield. United's group is completed by League Two sides Annan Athletic and Forfar. The group stage will kick off on the weekend of July 12 and run through until the end of the month before the curtain is raised on the new league season.
