RIBBIT News
How COVID Has Impacted the Need for Bank Data
Due to the COVID-19 pandemic, people now pay differently. Because of massive changes in consumer behavior, alternatives to traditional credit bureau scores are essential to the underwriting process. Bank data is more reactive to sudden economic changes, more...
RIBBIT Continues Expansion with Addition of Steven M. Thompson and Eric A. VonDohlen to Board of Directors
RIBBIT combines payment processing and bank data analytics to empower financial decisioning with better data and superior outcomes OXFORD, Ohio, Jan. 12, 2021 /PRNewswire/ -- Just two months after announcing a new partnership, RIBBIT welcomes to the board of directors...
Who IS This Cheeky New Company called RIBBIT?
In my lifetime, I have been called brash, bold, sassy, and mischievous, so I pay attention when a company, and a new one to boot, jumps out of the starting gate, bragging how they are going to transform the way a consumer’s credit worthiness is measured. Whoa, who does this RIBBIT think they are, challenging a status quo system that has been around since the 1860s when merchants shared lists of villagers who failed to pay their debts? But as Confucius says – To know what is right and not to do it is the worst cowardice.
Non-Credentialed vs Credentialed Bank Data
Now, during COVID, more than ever, people pay differently. Alternatives to traditional credit bureau scores are essential to the underwriting process. Bank data is more reactive to sudden economic changes, more demonstrative of real affordability, more revealing of...
Cash Flow Solutions and Transaction Science join forces as RIBBIT, an AI-FinTech firm
RIBBIT combines payment processing and bank data analytics to empower financial decisioning with better data and superior outcomes OXFORD, Ohio – After 22 years as an electronic payments provider, Cash Flow proudly joins forces with Transaction Science, a...
