Data, Member Exclusive

A story of two Pauls: Financial wellness, credit scores and data

  • Paul Diegelman and Paul DeSaulniers talk about improving consumer financial health.
  • Fiserv’s integration with Experian Boost allows Boost to pull billing data and add it to consumer credit profiles to improve their credit scores.
close

Email a Friend

A story of two Pauls: Financial wellness, credit scores and data

Paul Diegelman, VP aggregation and information services at Fiserv, and Paul DeSaulniers, senior director of data strategy and partnerships at Experian Consumer Services, joined us last week at our virtual DataDay Conference 2021. Diegelman and DeSaulniers talked about how companies like Fiserv and Experian can work together to improve consumer financial health and credit scores. 

Fiserv x Experian

The talk was a good opportunity for Diegelman and DeSaulniers to unpack Fiserv’s integration with Experian Boost, a feature that allows consumers to connect their utility and telecom accounts to their Experian credit report.

SPONSORED

 

Credit bureaus generally don’t include positive utility payments in credit scores. Only negative payments like late or missed payments are reported to the bureaus. Utility companies are also unwilling to report fully to credit bureaus. Experian spent some time talking to utility companies about reporting more consumer payment information with little success before it turned its attention to consumers and consumer consent to furnish their own data to the bureau. 


This content is available exclusively to Tearsheet Outlier members.

Tearsheet Outlier information and signup Missing out? Subscribe today and you’ll receive unlimited access to all Tearsheet content, original research, exclusive webinars and events, member-only newsletters from Tearsheet editors and reporters and much more. Join Outlier now — only $49/mo. Already an Outlier member? Sign in to your account

0 comments on “A story of two Pauls: Financial wellness, credit scores and data”

Outlier OpinionsMakers

Member Exclusive

Cheat Sheet: What’s going on behind Goldman Sachs’ acquisition of BNPL GreenSky?

  • Goldman Sachs has acquired BNPL firm GreenSky for $2.24 billion, with the transaction expected to finish by Q4 2021 or Q1 2022.
  • GreenSky's platform and team will be integrated with Marcus by Goldman Sachs.
Subboh Jaffery | September 21, 2021
Member Exclusive

‘$130 trillion of global B2B trade is coming online’: Balance looks to digitize payments for B2B ecommerce

  • Balance claims it’s the first ecommerce payments platform that’s custom-built for B2B merchants and marketplaces.
  • The firm aims to facilitate the digitization of B2B trade through its payments infrastructure.
Ismail Umar | September 16, 2021
Member Exclusive

Incumbents take the pedal off ad spending to compete with fintechs

  • Banks and insurance companies are redistributing their ad spend budget to technology and innovation to compete with challengers.
  • Insurance companies will account for 45.6% of the industry’s ad spend.
Shehzil Zahid | September 09, 2021
Member Exclusive

How rooting its customer experience in hotels and airfare enables Sunbit to make an impact

  • Sunbit is a buy now, pay later solution that's making a name for itself in the service industry market.
  • Sunbit’s customer experience mantra centers on flexibility, making it easy and doing it with a smile.
Shehzil Zahid | September 07, 2021
Member Exclusive

Accessibility in banking: how finance actually fares when it comes to catering to customers with disabilities

  • Financial institutions are legally required to be ADA compliant but many are not.
  • Accessibility consultants say institutions need to do a better job of listening and responding to customers with disabilities.
Shehzil Zahid | September 03, 2021
More Articles