New credit insights for driving growth and managing risk with Consumer Report

Plaid has announced new product enhancements for its Consumer Report, which aims to make cash flow data more actionable than ever. The report includes network insights that reduce risk, a primary account indicator, and notifications of changes in an applicant's cash flow and financial stability. These features leverage unique credit risk signals from the largest open finance network, providing differentiated risk signals complementary to traditional credit and cash flow data. Additionally, customers can now get pre-calculated insights pushed to them on changes to borrower income and loan exposure after the initial credit decision, allowing for proactive servicing of their clients.