Mastercard Expands Open Banking Program to Modernize Lending
Thursday, August 29, 2024
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Posted by: Sierra Lindemann
Mastercard is enhancing its Open Banking for Lending program, now powered by Argyle, to simplify income and employment verification for 95% of U.S. workers paid via direct deposit. This innovation aims to streamline lending processes, especially for the 19% of individuals outside the traditional credit system.