Webinar
Published September 24, 2024
Banks Economic & Market Insights
The open banking revolution is transforming the financial services landscape, offering banks and financial institutions unprecedented access to consumer-permissioned data. However, during our recent webinar, over 78% of attendees stated that they do not currently have an open banking strategy in place.
This highlights a significant gap in the industry. By tapping into consumer-permissioned data, you can develop more personalized products, streamline credit decisioning, and improve overall customer engagement. With the right strategies, open banking offers a pathway to growth, innovation, and enhanced customer experiences.
Learn key open banking insights and how to capitalize on the many opportunities it presents.
Complete the form to watch the webinar
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Report
The State of U.S. Rental Housing Market Report 2025
The 2025 U.S. rental market reflects broader economic conditions, shaped by shifting market forces and ongoing uncertainty. Landlords and property managers are navigating a complex landscape where understanding renter behavior, affordability challenges, and macroeconomic pressures is key to maintaining stable occupancy. By staying informed on these trends, they can better attract and retain long-term tenants.
Key Insights:
- Renter Financial Pressure: Renters across all demographics are facing rising debt and affordability issues, impacting their housing stability.
- Rent-to-Income Imbalance: Rent prices continue to rise faster than incomes, increasing the financial burden on tenants nationwide.
- Macroeconomic Impact: Factors like interest rates, unemployment, and housing development are reshaping rental market dynamics.
- Strategic Adaptation Needed: Landlords must adapt to evolving renter preferences and market conditions to ensure long-term success.
Infographic
183% ROI and 12-Month Payback
Based on interviews with global financial institutions, the Forrester Total Economic Impact™ study, commissioned by Experian, reveals real customer impact stories and business wins delivered by the Experian Ascend Platform™. This infographic shares some of the key findings.
Key insights include:
- 183% return on investment (ROI) and $13.3M in net present value (NPV) over three years
- A car leasing company’s approval rates increased from 60% to 66%, improving consistency and revenue growth
- An airline reduced fraud chargebacks by 99.9%, lowering regulatory risks and financial losses.
Video
Industry-specific risk models
The latest Experian Commercial Pulse Report provides a sharp look at how recent economic shifts are impacting small businesses across the U.S., with a special focus on supply chains, specifically the transportation industry, which is experiencing fallout from changing trade policies. Are industry-specific models effective in mitigating risk?
Check out the full report to see how these trends could impact your strategy!
Report
Uncertainty, AI, and White-Collar Hiring
While the US labor market remains on decent footing, it has become increasingly challenging to land a job. For lenders, current dynamics suggest there could be greater-than-expected stress in higher-income households and in the Prime credit segments of the market if layoffs increase and job opportunities for these workers remain scarce. Insights include:
- Businesses are scaling back on hiring due to economic uncertainty and AI uptake
- Employment in both tech-centric and broader professional and business services has been stagnant
- Higher-educated/white-collar workers feeling the strain of a challenging job market