Fintech News Desk
MeasureOne, the leading consumer-permissioned data platform, is pleased to announce a new partnership and integration with TurnKey Lender. Combined with TurnKey Lender’s AI-driven Decision Engine, MeasureOne’s automated VOIE solution will help to streamline the consumer lending experience and give a wider population of borrowers access to credit. Via TurnKey Lender, lenders around the world will be able to leverage MeasureOne’s extensive coverage of payroll providers and employers in order to lend faster and smarter using actionable income and employment data.
“MeasureOne is a pioneer in data and analytics, transforming the way consumers can access and share their data with lenders,” said Elena Ioneko, COO and Co-founder of TurnKey Lender. “As the first consumer-permissioned data platform-as-a-service on the market, MeasureOne has the ability to share actionable data in real time and we are looking forward to offering this service to our lenders.”
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TurnKey Lender and MeasureOne have a common mission to help a wider population of borrowers access fair credit. The end-to-end lending automation platform by TurnKey Lender is already applying alternative data sources (including data from bank statements, social media, psychometric evaluations, and much more) to credit scoring, helping creditors make accurate credit decisions instantly.
Through this partnership, the two companies will deliver secure, real-time access to consumer-permissioned data to empower lenders with trusted, relevant, and actionable consumer data, starting with verification of income and employment. With MeasureOne’s industry-agnostic approach to consumer-permissioned data, TurnKey Lender can rapidly expand into new data types and geographies, furthering credit access to an even wider population of borrowers.
“Turnkey Lender has played a pivotal role in democratizing access to credit around the world, and has been one of the early leaders in leveraging alternative data to help make lending decisions,” said Elan Amir, CEO of MeasureOne. “We’re thrilled to be partnering with them and we look forward to developing new data domains as the way lenders assess creditworthiness continues to evolve.”
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MeasureOne currently has over 7,000 data sources spanning multiple geographies, industries, and institutions, which, in turn, will provide Turnkey Lender a future-proof data solution that can scale with ease. This partnership will lead to better business decisions and consumer outcomes through broad and accurate data that enhance the analytical capabilities of lenders everywhere, expanding access to credit for borrowers who may not have a traditional credit history.
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