Financial fairness is possible
Possible provides access to capital and a simple way to build credit for people who otherwise would get a payday loan or get hit with a bank overdraft fee. The company uses real-time financial data, rather than a credit score, to qualify customers and provide funds instantly through its iTunes and Android apps.
Fintech firm Plaid has reportedly introduced Plaid Beacon, which is the anti-fraud network for fintechs and financial institutions.
In its ongoing quest to diversify beyond bank account data-aggregation, Plaid aims to help fintechs and banks to block fraud by sharing data about stolen …