Overcome External Data Deployment Challenges to Launch and Scale Innovative Financial Products
Wednesday, March 30 • On-Demand
Wednesday, March 30 • On-Demand
Overcome External Data Deployment Challenges to Launch and Scale Innovative Financial Products
The financial services market is undergoing an intense period of product innovation with both fintechs and incumbents launching new financial products (e.g., “buy now, pay later”, cash advance, virtual cards, etc.).
Each of these products depends on accurate, timely, and trustworthy external data for use cases including marketing, customer onboarding, underwriting, credit, fraud detection, and portfolio monitoring, among others.
The matrix of product offerings and use cases can be challenging for FIs on two fronts. First, it can be overwhelming to find, test, and integrate the right external data sources for each use case among the sea of available data products. Second, as FIs scale, managing the overhead of data vendor contracts across differing regulations is not a trivial task. These challenges frequently result in delays in product launches and workflow optimizations (e.g., improving fraud detection by adding additional data sources).
Join this webinar to hear how two innovative fintechs are addressing this challenge by using an external data platform that includes 700+ ready-to-integrate data products, a data orchestration layer to customize integrations, and a searchable data catalog.
