Data

Finicity’s Lisa Kimball on how consumer-permissioned data is changing the financial consumer’s user experience

  • Tearsheet hosted a webinar to explore how data is changing the financial customer experience.
  • Lisa Kimball, vp of strategic partnerships at Finicity, delivered the goods.
close

Email a Friend

Finicity’s Lisa Kimball on how consumer-permissioned data is changing the financial consumer’s user experience
For the past month, a lot of our work on Tearsheet has been focused on data aggregation. When we started researching the topic, we quickly appreciated how data aggregation -- the kind that's permissioned by users and shared with other applications -- has become the backbone of the modern financial ecosystem. It's literally everything -- enabling new experiences, better designed services and products, and hopefully helps create better financial outcomes. Our work culminated with a webinar to tie together a lot of the topics we explored. Fincity's Lisa Kimball, vp of strategic partnerships, took the lead on describing a new type of customer experience -- one with financial data at its core. Here are the slides (there's a YouTube video of the session on slide 2) from the webinar. During the webinar, we discussed the following topics:
  • What trends that are impacting the customer experience?
  • What is consumer-permissioned data and how can it be used?
  • How has this empowered consumers in a way they haven’t been before?
  • Let’s talk about financial inclusion. Can you explain how permissioned data can enhance financial inclusion and provide greater decisioning accuracy?
  • How are leading financial institutions leveraging data to improve customer experience?
  • What are the challenges of using this data?
  • Where do you see this heading? What does a banking customer look like and do in the future?
  • Credit scores are interesting. People have a greater understanding of them and their importance but they haven’t been able to affect them. But that doesn’t sound like what we’re talking about. What’s happening in that space?

0 comments on “Finicity’s Lisa Kimball on how consumer-permissioned data is changing the financial consumer’s user experience”

Banking, Data

Behind Finastra’s integration of Plaid to simplify the banking experience for end users

  • Finastra recently integrated Plaid into its Fusion Digital Banking platform, enabling banks and credit unions to deliver a simplified banking experience – account verification and authorization – to their end customers through Plaid Link. 
  • Combined with Plaid's API, FIs using Fusion Digital Banking can incorporate credential-less integrations and easier user interactions. 
Sara Khairi | May 08, 2023
Data, Lending

How Pagaya uses alternative solutions to decision on credit, enabling more financial inclusion

  • Pagaya combines alternative solutions powered by AI with traditional credit reporting databases.
  • The firm analyzes hundreds of data points to generate tailored recommendations that allow its partners to make credit decisions for borrowers that may not meet a particular FICO cutoff.
Sara Khairi | April 20, 2023
Data, Sponsored

How marginal improvements in data strategy can yield tremendous results

  • The truth is brutal: data is hard, and most people don’t understand it.
  • Here's how marginal improvements to a company's data strategy can have a profound impact.
Quantalytix | December 14, 2022
Data, Podcasts, Sponsored

‘Earned wage access is the next evolution in improving day-to-day liquidity’: Argyle’s Matthew Gomes

  • Director of strategy at Argyle, Matt Gomes, joins us on the Tearsheet Podcast.
  • Listen in to our conversation about how payroll and employment data API platforms enable financial institutions to bring the next generation of financial products to consumers.
Argyle | September 22, 2022
Data, Podcasts, Sponsored

‘Developers have become as central a figure as the banks’: Fiserv’s Niranjan Ramaswamy

  • VP and GM of embedded fintech at Fiserv, Niranjan Ramaswamy, joins us on the Tearsheet Podcast.
  • Listen to our conversation about how Fiserv empowers developers to build products that bring fintechs and FIs together.
Fiserv | September 21, 2022
More Articles