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banks set to get data rich with upi 20 likely to boost credit scoring - Search

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banks set to get data rich with upi 2.0; likely to boost credit scoring




with the launch of the upgraded unified payments interface (upi), financial institutions such as banks and lenders are set to get access to a lot more consumer data, which is likely to boost consumer profiling and credit scoring in the future. experts said the new upgrade allows for features such as...



'good' customers to get cheaper loans as banks fall into line




borrowers with good credit histories will be able to get cheaper loans after the government forced the big four banks to share more data on their customers' credit histories.treasurer scott morrison on thursday introduced draft legislation mandating a system known as "comprehensive credit reporting...



banks set up elaborate metrics to evaluate bidders




banks have set up elaborate and strict criteria for bidders interested in buying distressed companies going through insolvency proceedings.   preliminary plans suggest the exercise will be based on scores and the top five companies scoring the highest will get an opportunity to sit with banks for f...



banks clock 85% of annual credit target of rs 600 bn in odisha




banks having operations in odisha have clocked 85.67 per cent of the annual credit plan of rs 600 billion fixed for 2017-18 under the priority sector. the credit disbursement made by the banks under major segments of priority sector is rs 514 billion. according to latest data collated by the state l...



facebook says it’s not “actively” seeking your financial data




the wall street journal reported on monday that facebook has been asking wells fargo, citigroup, jp morgan chase, and other major banks for their customers’ financial data, including account balances and credit card transactions, in order to provide new tools to its users. the journal reported tha...



here are all of the banks that currently support apple pay




wondering if you can use apple pay with your credit or debit card? here's a list of all of the banks and credit unions that allow you pay with a tap of your iphone.update, march 2017: apple pay has landed in ireland, with support coming from three banks at launch.apple pay is a convenient, secure wa...



apple pay adds support for 20+ banks and credit unions in the u.s. and russia




apple pay today added more banks and credit unions that now support the payment service, including over 20 for the u.s. and two new banks in russia. the full list of newly added banks is below.the best 4k & 5k displays for mactoday’s wave of newly supported banks and credit unions follows the laun...



here are all of the banks that currently support apple pay




wondering if you can use apple pay with your credit or debit card? here's a list of all of the banks and credit unions that allow you pay with a tap of your iphone.update, may 2017: apple pay has arrived in italy with support from two banks and electronic payment provider boon.apple pay is a conveni...



here are all of the banks that currently support apple pay




wondering if you can use apple pay with your credit or debit card? here's a list of all of the banks and credit unions that allow you pay with a tap of your iphone.apple pay is a convenient, secure way to make purchases both in stores and in apps. the system enjoys wide support from banks and credit...



here are all of the banks that currently support apple pay




wondering if you can use apple pay with your credit or debit card? here's a list of all of the banks and credit unions that allow you pay with a tap of your iphone.apple pay is a convenient, secure way to make purchases both in stores and in apps. the system enjoys wide support from banks and credit...



physical banks will become history in next 3 years in india: amitabh kant




niti aayog chief executive officer amitabh kant on thursday said physical banks in india will be irrelevant in the next three years as data consumption growth and data analytics are likely to further boost financial inclusion. "days of physical bank will be over...india will throw huge amount of dat...



boost mobile offer free month of unlimited data




welcome back to the weekly plan spotlight! if you’re considering a new mobile plan, we’re here to tell you which providers are offering up tasty incentives.sometimes mobile plan deals have so much fine print that you wonder if you’re actually making a saving. so today we’re keeping it simple...



are you a credit risk? banks dig deep in your phone to find out




indian banks have started mining data on customers’ smartphones for fast loan approval, testing out cutting-edge but controversial technology in what is potentially a huge market for such products. long hampered from lending to the hundreds of millions of indians without credit histories, banks ar...



open banking is here to change how you manage your money




on the face of it, open banking is just a data standard. what banks have to do is take your current account transaction history and make it available to other banks and accredited third-party services (securely, of course) when you give consent. over the new few years, this will be expanded to inclu...



borrowers to get 'better deal' as scott morrison mandates credit data sharing




australia's major banks will be forced to share more detailed credit data about millions of customers, a move the government says will result in better deals on loans and greater competition in banking.treasurer scott morrison will on thursday announce plans to mandate a system known as "comprehens...



loans will be disbursed based on data, says nandan nilekani




nandan nilekani on wednesday said india was moving in a direction where lenders will use data such as the goods and services tax (gst)-based “business flows” or credit payment history, instead of collaterals to provide loans to businesses and consumers. he said the data available in the gst syst...



here are all of the banks that currently support apple pay




apple pay is a convenient, secure way to make purchases both in stores and in apps. the system enjoys wide support from banks and credit unions around the world, and with more coming on board every few weeks, it might be difficult to keep track of which banks support it.not to worry, however, becaus...



warnings massive equifax data hack could be replicated in australia




exclusive: australian credit organisations, retailers and superannuation clearing houses could be tempting, data-rich targets for hackers, cybersecurity experts have warned. the warning comes in the wake of a massive hack on the us credit monitoring company equifax, which exposed sensitive personal ...



warnings massive equifax data hack could be replicated in australia




exclusive: australian credit organisations, retailers and superannuation clearing houses could be tempting, data-rich targets for hackers, cybersecurity experts have warned. the warning comes in the wake of a massive hack on the us credit monitoring company equifax, which exposed sensitive personal ...



warnings massive equifax data hack could be replicated in australia




exclusive: australian credit organisations, retailers and superannuation clearing houses could be tempting, data-rich targets for hackers, cybersecurity experts have warned. the warning comes in the wake of a massive hack on the us credit monitoring company equifax, which exposed sensitive personal ...



warnings massive equifax data hack could be replicated in australia




exclusive: australian credit organisations, retailers and superannuation clearing houses could be tempting, data-rich targets for hackers, cybersecurity experts have warned. the warning comes in the wake of a massive hack on the us credit monitoring company equifax, which exposed sensitive personal ...



warnings massive equifax data hack could be replicated in australia




exclusive: australian credit organisations, retailers and superannuation clearing houses could be tempting, data-rich targets for hackers, cybersecurity experts have warned. the warning comes in the wake of a massive hack on the us credit monitoring company equifax, which exposed sensitive personal ...



warnings massive equifax data hack could be replicated in australia




exclusive: australian credit organisations, retailers and superannuation clearing houses could be tempting, data-rich targets for hackers, cybersecurity experts have warned. the warning comes in the wake of a massive hack on the us credit monitoring company equifax, which exposed sensitive personal ...



payments landscape in india: data-rich players turn digital lenders




the indian payments landscape has evolved rapidly over the past few years, driven by an increase in the number of digitally initiated consumers, rising personal consumption expenditure, increase in use cases supporting digital payments, urbanisation and improvement in technology and mobile data usag...



apple pay expands to over 30 more banks across the united states




apple pay continues to pick up new banks and credit unions every few weeks — and soon three new countries. these are the latest new banks and credit unions added in the us that let you pay with iphone, ipad, apple watch, and mac…9to5mac happy hourunited statesaeroquip credit unionallsouth feder...