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Episode 203 - What Big Data Revealed About BNPL Consumers with Kristin Carlson and Zach Tondre, LexisNexis Risk Solutions

Payments on Fire™

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The Future of Financial Inclusion

When we think about financial inclusion, I think financial inclusion can mean different things depending on the context that we're talking about. And so really at the end of the day, there needs to be enough data to kind of like in an automated fashion, verify a consumer's identity, score them for credit risk and make sure they pass regulatory compliance checks. All of those things have to happen in order for a consumer to kind of go from being, you know, an invisible into kind of being included in the mainstream financial services. We haven't really gotten to that part of the story yet in the US of where those BNPL transactions are going to land as far as credit reporting goes. But

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