Fintech takes x Plaid
Beyond the basics of cash flow lending
See how consumer-permissioned cash flow data is more accessible and cost-effective—with Plaid helping along the way.
Fintech takes x Plaid
Beyond the basics of cash flow lending
See how consumer-permissioned cash flow data is more accessible and cost-effective—with Plaid helping along the way.
Climb past the low-hanging fruit in cash flow underwriting
Times are changing. Consumer-permissioned data and open banking APIs have made cash flow underwriting faster, easier, and more cost-effective.
Yet most lenders still use only the bare minimum of cash flow data’s capabilities. In this article, Alex Johnson explores how to move beyond the basics and unlock its full potential.
What you’ll learn:
The business-case for cash flow data
How pairing bureau and cash flow data strengthens lending models
Where cash flow data goes next
Climb past the low-hanging fruit in cash flow underwriting
Times are changing. Consumer-permissioned data and open banking APIs have made cash flow underwriting faster, easier, and more cost-effective.
Yet most lenders still use only the bare minimum of cash flow data’s capabilities. In this article, Alex Johnson explores how to move beyond the basics and unlock its full potential.
What you’ll learn:
The business-case for cash flow data
How pairing bureau and cash flow data strengthens lending models
Where cash flow data goes next
We will move from second-look underwriting, where the permissioning step is tacked on at the very end, to asking the borrower to link their primary financial account(s) as part of the application process.
Alex Johnson, Founder