Expands Finicity Analytics Offerings... — Mastercard

For decades, the standard for determining creditworthiness has relied on static, historical snapshots of financial health. For many small business owners and consumers with "thin" credit files, this traditional model has felt more like a barrier than a bridge to growth.

However, a major shift is occurring. Mastercard is significantly expanding its Open Finance analytics offerings through Finicity , its Utah-based subsidiary. This expansion isn't just about more data; it’s about that transforms how lenders evaluate potential. Moving Beyond the "Snapshot"

: Analyzing credits, debits, and balances over a 24-month period to tell a complete financial story. Mastercard expands Finicity analytics offerings...

: Comparing a business’s performance against industry standards using unique network intelligence. Why This Matters for Small Businesses

Small businesses are the backbone of the economy, yet 85% of owners are searching for faster, easier access to capital. Traditional funding for small-business applicants has seen a steady decline, falling from 51% in 2019 to just 30% by 2021. multidimensional view of performance:

: Tools like Payment Risk Insights help identify potential indicators of insufficient funds before they happen, reducing fraud and return rates.

By using Finicity's advanced analytics , lenders can now offer more inclusive and personalized credit solutions. This is particularly critical for businesses that may not have deep historical credit records but have strong, verifiable current cash flows. A Win-Win for Lenders and Consumers verifiable current cash flows.

This provides a holistic, multidimensional view of performance: