✉news BusinessFinance first seen 11 h ago, last 7 h ago, peak #13
Open banking and community finance pushed to serve credit invisibles
Original: Community finance and open banking technology can support ‘credit invisibles’ – Salad Finance
Salad Finance says combining community finance with open banking technology can help 'credit invisibles' – people with little or no credit history who are shut out of mainstream lending. The fintech argues that access to transaction data through open banking allows lenders to assess affordability without relying on traditional credit scores, widening access to affordable credit for under-served consumers.
Why now: Open banking data-sharing rules are expanding, renewing debate over how to include people without credit files in mainstream lending.
Salad Financeopen bankingcredit invisibles
Rank over time, top of the chart is #1. 4 snapshots from 11 h ago to 7 h ago.
Evidence
- Community finance and open banking technology can support ‘credit invisibles’ – Salad Finance · Finextra Research
API: https://socialmediatrends-api.osmike.com/v1/trends/1078443