Podcasts
Petal – Jason Gross, CEO
We spoke with Jason Gross, CEO and cofounder of Petal, a consumer credit company.
Learn more at petalcard.com
Related Publications
-
Consumer Financial Data: Legal and Regulatory Landscape
FinRegLab partnered with the Financial Health Network, Flourish Ventures, and Mitchell Sandler to provide a working paper summarizing the current U.S. federal legal framework governing consumer financial data with the goal of laying a foundation for future policy analyses and discussions.
-
Data diversification in Credit Underwriting
This update catalogues recent initiatives involving the use of non-traditional credit data, including cash-flow information. It considers how dramatic shifts in economic conditions due to the Covid-19 pandemic and mass movements for racial justice have increased incentives to adopt new data sources and models, but also created new market and policy challenges.
-
The Use of Cash-Flow Data in Underwriting Credit: Market Context & Policy Analysis
This report provides a detailed snapshot of the use of cash-flow data in U.S. consumer lending and the development of the system for transferring data between firms, in addition to analyzing policy and regulatory issues raised by cash-flow underwriting in both consumer and small business credit markets.
-
The Use Of Cash-Flow Data In Underwriting Credit: Policy Overview
This overview highlights key themes from our longer market context and policy analysis, including outlining options for action by industry, regulators, and Congress.
-
The Use Of Cash-Flow Data In Underwriting Credit: Small Business Spotlight
This report details the evolution of the use of cash-flow data in small business lending. It explains the reasons why electronic cash-flow data may be particularly useful in the small business context, presents evidence of its increasing use by a diverse range of incumbents and new entrants, and notes market and policy issues that may…
-
The Use of Cash-Flow Data in Underwriting Credit
Records from consumers’ deposit and card accounts and from small businesses’ accounting software can provide a relatively detailed and comprehensive picture of how applicants manage their finances on an ongoing basis. FinRegLab conducted an empirical assessment of the data’s benefits and risks, as well as market and policy analyses of the challenges to its wider… Learn More
About FinregLab
FinRegLab is an independent, nonprofit organization that conducts research and experiments with new technologies and data to drive the financial sector toward a responsible and inclusive marketplace. The organization also facilitates discourse across the financial ecosystem to inform public policy and market practices. To receive periodic updates on the latest research, subscribe to FRL’s newsletter and visit www.finreglab.org. Follow FinRegLab on LinkedIn.
FinRegLab.org | 1701 K Street Northwest, Suite 1150, Washington, DC 20006