The discussion at American Banker’s annual Digital Banking Conference in Austin last week revolved around new technologies like AI and...
Fiserv partnered with TransUnion to use their CreditVision Link software to help asses risk in their auto loan origination system; Fiserv is specifically looking to identify higher risk borrowers as they look to reach more of the underbanked; Steve Chaouki, executive vice-president and head of TransUnion’s financial services business unit, says the integration “enables lenders to score approximately 95% of the US adult population” as reported by Banking Technology. Source.
Data courtesy of FedFis.com shares that Fiserv has more than 37% market share; Jack Henry has the second highest market share with 17.6%, followed closely by FIS. Source
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