Young adults, individuals relocating to new countries and underbanked communities in emerging economies are often locked out of key financial products and services because traditional data alone may not capture a more holistic view of their true creditworthiness.
Identify and reach new-to-credit consumers with alternative data
New-to-credit consumers represent a largely untapped and undervalued market segment. For credit managers navigating increasing competition and regulatory pressure, engaging this population offers a strategic path to sustainable portfolio growth.
LexisNexis® Risk Solutions offers leading alternative data solutions that can help financial institutions expand inclusion programs, enhance credit risk assessment and unlock new revenue opportunities.
Learn more about how our alternative data offerings can help improve credit risk decisioning at every stage of the customer lifecycle:
Ready to drive financial inclusion and expand access for new-to-credit consumers?