2022: Merging with CredFin.
In 2022 we merged with CredFin, bringing bank statement capability together with our bureau, and putting both halves of the picture on a single platform.
Bank statements and bureau data answer different questions. Bank statement information shows whether a customer can afford a commitment today. Bureau data shows how they have handled their obligations over time. On their own, each tells only half the story.
Merging with CredFin brought those two capabilities under one roof. CredFin added deep bank statement analysis to our bureau, so lenders could see affordability and conduct together, from a single integration, rather than stitching two providers and two data sets into every decision.
It set the foundation for what came next: a score built from both sources, and a platform designed to retrieve and interpret bank data at scale.