Data

Canadian banks are building a digital identity tool

  • Canada's banks could soon debut a product that allows people to self identify in a digital world.
  • Bank of Montreal, CIBC, Royal Bank of Canada, Scotiabank, TD Bank and credit union network Desjardins have been working with SecureKey, an authentication provider in which they collectively invested $27 million in October
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Canadian banks are building a digital identity tool

 


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Banking, Data, Member Exclusive

What a bank-client relationship looks like when banks control the data behind the UX

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The key to onboarding good businesses (at scale)

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Banking, Data

FIs are warming up to alternative data and 93% think it will have a positive impact on their bottom lines

  • Recent data shows that FIs are warming up to the possibilities alternative data presents, albeit slowly.
  • If FIs can better determine who is a good credit risk, it's good for consumers as well as lenders’ own bottom lines.
Rabab Ahsan | April 16, 2024
Data, Lending

The Financial Data Evolution: Unraveling lending in open finance with Akoya’s Rishi Kapadia

  • As part of Tearsheet Talks: Lending x Credit, Data, Rishi Kapadia, product manager at Akoya, discussed "The Financial Data Evolution: Unraveling Lending in Open Finance."
  • Kapadia sees open finance facilitating an evolution in the whole user experience in the lending process.
Tearsheet Editors | October 31, 2023
Data, Lending

Best practices for fusing internal and external data to enhance credit decisioning for SMB lending with Stripe’s Yaakov Erlichman

  • Learn strategic and tactical best practices for maximizing the fusion of internal and external data to enhance credit decisioning and risk management for SMB lending.
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Tearsheet Editors | October 26, 2023
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