Focus on Data, Advanced Analytics and Decisioning Creates a Winning Strategy for Experian

Rhea-AI Summary

Experian has achieved a significant milestone by ranking #11 in the 2021 IDC FinTech Rankings, a notable jump from its prior rank of #45. This annual ranking highlights the top global providers of financial technology. The company’s focus on innovation and addressing challenges for financial institutions has been recognized, affirming its commitment to improving financial access for consumers and businesses. Experian's investment in technology enhances its service offerings, making it a recognized leader in the financial services sector.

Positive

• Ranked #11 in the 2021 IDC FinTech Rankings, up from #45.
• Recognized as a 'rising star' by IDC.
• Investment in technology enhances service delivery and client support.
• Consistent recognition as one of the most innovative companies by Forbes.

Negative

• None.

Experian Named to Top 15 in IDC FinTech Rankings Top 100

LONDON--(BUSINESS WIRE)-- Experian has ranked #11 on the newly announced 2021 IDC FinTech Ranking, jumping from its previous position at #45. The FinTech Rankings is an annual ranking which highlights the top 100 global providers of financial technology. IDC also refers to Experian as a “rising star.”

“At Experian, we are continually innovating and using technology to modernize the financial services industry and satisfy the real-time data demands of consumers and businesses,” said Steve Wagner, Managing Director of Global Decision Analytics at Experian. “We help thousands of businesses lend responsibly, provide services quickly and seamlessly and protect against fraud.”

In the past year, Experian has been focused on helping financial institutions with a wide range of challenges, including opening-up credit to underserved communities, adapting to changing consumer expectations and behaviors, addressing the growing threat from fraud, and becoming a more agile technology provider in an ever-changing market. At Experian, we believe every consumer deserves access to fair and affordable credit are committed to helping our clients better serve and provide greater financial opportunities for everyone.

“Recognition in the top 20 of IDC FinTech Rankings demonstrates Experian’s commitment to the success of its financial clients,” said Marc DeCastro, research director at IDC Financial Insights. “We congratulate Experian for being ranked 11th in the 2021 IDC FinTech Rankings Top 100 list”

The robust data assets of Experian, combined with best-in-class modeling, decisioning, and technology are powering new and innovative solutions. Experian has invested heavily in new technology and infrastructure to deliver the freshest insights, at the right time, to make the right decision. Our technology helps transform the way businesses operate and consumers thrive today. Experian has been recognized as one of the most innovative companies in the world by Forbes for the fifth consecutive year.

The 18^th annual fintech ranking represents the leading hardware, software, and service providers to the financial services industry from around the world. Vendors are ranked based on 2020 calendar year revenues and the percentage of revenues exclusively attributed to financial institutions, including banks, capital markets firms, and insurers. View the list in its entirety here.

About Experian

Experian is the world’s leading global information services company. During life’s big moments — from buying a home or a car to sending a child to college to growing a business by connecting with new customers — we empower consumers and our clients to manage their data with confidence. We help individuals to take financial control and access financial services, businesses to make smarter decisions and thrive, lenders to lend more responsibly, and organizations to prevent identity fraud and crime.

We have 17,800 people operating across 44 countries, and every day we’re investing in new technologies, talented people, and innovation to help all our clients maximize every opportunity. We are listed on the London Stock Exchange (EXPN) and are a constituent of the FTSE 100 Index.

Learn more at www.experianplc.com or our global news blog for the latest news and insights from the Group.

Experian and the Experian marks used herein are trademarks or registered trademarks of Experian Information Solutions, Inc. Other product and company names mentioned herein are the property of their respective owners.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210913005685/en/

Kristie Galvani

Rubenstein Public Relations

1 212 805 3005

kgalvani@rubensteinpr.com

Scott Anderson

Experian Public Relations

1 714 830 3185

scott.n.anderson@experian.com

Source: Experian

FAQ

What is Experian's new ranking in the IDC FinTech Rankings?

Experian is now ranked #11 in the 2021 IDC FinTech Rankings, rising from #45.

When was Experian's ranking in the IDC FinTech Rankings announced?

Experian's ranking was announced in September 2021.

What does Experian focus on according to the press release?

Experian focuses on innovation and addressing challenges for financial institutions.

What recognition did Experian receive from IDC?

IDC referred to Experian as a 'rising star' in the financial technology sector.

How does Experian help financial institutions?

Experian helps financial institutions with responsible lending, fraud protection, and adapting to consumer behavior.