What is Financial Services Innovation? Digital financial innovation is a broad concept that includes advancements that change the way financial institutions and other financial services can better serve consumers through technological advancements. Generally, a new or emerging technology that comes along and disrupts a traditional way of doing things can be considered digital financial innovation. […]
In the UK, when selling financial services, lenders and financial advisors need to know if a customer can actually afford the product. Whether it’s a loan or investment product, Castlight Financial provides credit and financial information about a particular customer, and paints their complete financial picture through aggregated data.
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