Three ways alternative data will become more mainstream in 2018

Data, Member Exclusive, Podcasts

How Kudos built a consumer data moat on top of credit card rewards

• Kudos started as a tool to help consumers pick the right credit card at checkout but underneath the rewards optimization is something more valuable: a data layer spanning purchase history, credit profiles, and active shopping behavior across 500,000 users.
• Co-founder and CEO Tikue Anazodo explains how that asset is now powering AI agents that negotiate your bills, match you to better financial products, and execute on your behalf.

Banking, Data, Member Exclusive

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

• Client–bank relationships have long revolved around a destination model: clients log in, navigate dashboards, export data, assemble insights. Grasshopper Bank is rewriting that dynamic by moving from a destination to a ‘layer’.
• The digital bank has launched its MCP server to bridge a critical gap: letting clients use modern AI tools with their financial data without sacrificing banking security or control.

Data, Partner

The key to onboarding good businesses (at scale)

• The challenges of business identity can exacerbate credit accessibility, fraud risks, and regulatory compliance issues.
• Hany Fam, Founder & CEO of Markaaz, shares an innovative and scalable approach to KYB which includes resolution, verification, and monitoring.

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.

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.