In this articleEFXTRUFICOMorsa Images | Digitalvision | Getty ImagesThere's a line item in homebuyers' closing costs that's causing a clash in the mortgage industry: the fee for lenders to check borrowers' credit.While the charges — typically in the tens or hundreds of dollars — represent a tiny slice of the amount that buyers pay when a home purchase is finalized, the cost has risen sharply in recent years. Costs in 2026 could rise an average 40% to 50%, according to a Dec. 12 letter from the Mortgage Bank ...

Core Insights - Experian has been recognized as a winner of the 2026 HousingWire Tech100 Mortgage award for its product, Experian Self-Service Prescreen [1] Company Summary - Experian's Self-Service Prescreen has been acknowledged for its innovation and contribution to the mortgage technology sector [1]

Core Insights - Experian has launched the Experian Insurance Marketplace app on ChatGPT, indicating a strategic move to integrate advanced AI technology into its services [1] Company Developments - The introduction of the Experian Insurance Marketplace app signifies the company's commitment to leveraging AI for enhancing customer experience in the insurance sector [1]

Core Insights - DAS Technology has partnered with Experian to integrate automotive audience segments into the DAS CX Platform, enhancing precision targeting and personalized engagement for automotive dealers [1] - The collaboration aims to provide dealers with actionable insights to improve sales and service outcomes, focusing on high-intent audiences and reducing marketing waste [1] Group 1: Partnership and Integration - The integration connects Experian's automotive audience segments with DAS Technology's AI-native Customer Data & Experience Platform (CDXP) [1] - Dealers can identify in-market shoppers and activate high-intent audiences, improving conversion rates across sales and service [1] - The solution allows for immediate activation of insights through marketing, lead response, and retention workflows without the need for disconnected tools [1] Group 2: Benefits for Dealers - Dealers can measure performance impact through dashboards that link audience strategy, campaign execution, and sales outcomes [1] - The platform helps identify service and trade-up opportunities by targeting lapsed service customers and equity-positive owners [1] - Automated lead engagement is prioritized across various channels using insights from Experian, enhancing customer interaction [1] Group 3: Operational Efficiency - The combined solution is expected to lead to greater operational efficiency by managing prioritization and outreach [1] - Marketing waste is reduced by concentrating spend on verified market opportunities [1] - Higher engagement and conversion rates are anticipated through automated, personalized follow-ups [1] Group 4: Company Background - DAS Technology has over 16 years of experience, serving more than 9,300 dealers and supporting approximately 37% of U.S. automotive retail transactions [1] - Experian is a global data and technology company, operating across various markets and employing over 25,200 people worldwide [1]

Core Insights - Experian has launched its Aperture Data Studio integration with Snowflake, enhancing data quality capabilities for organizations [1] - The integration allows organizations to profile, transform, and validate data directly within the Snowflake platform [1] - This collaboration aims to mobilize global data to assist organizations in their data management efforts [1]

Core Insights - Experian has launched a high-yield digital savings account named Experian Smart Money™ [1] Company Overview - The new product aims to provide consumers with a competitive interest rate on their savings [1] - Experian is positioning itself in the financial services sector by expanding its offerings beyond credit reporting [1] Industry Context - The launch of high-yield savings accounts is part of a broader trend in the financial services industry, where companies are increasingly focusing on digital banking solutions [1] - This move reflects the growing consumer demand for better savings options and higher interest rates in a low-interest-rate environment [1]

Core Insights - Experian is expanding its presence in the mortgage industry by acquiring Own Up, an AI-powered mortgage shopping platform [1][2] - The acquisition aims to enhance Experian Marketplace by integrating Own Up's homebuying guidance and loan capabilities [2] - The deal is expected to close in 90 days, pending regulatory approvals [2] Company Strategy - The acquisition strengthens Experian's role as a comprehensive financial co-pilot for consumers, offering personalized mortgage options within a secure platform [3] - Own Up's technology and network of over 40 lenders will help ensure borrowers do not overpay for mortgages, enhancing the homebuying experience [4] - The integration will complement Experian's existing B2B mortgage capabilities and consumer services that reach 80 million members [4] Recent Developments - In October, Experian acquired KYC360, a regulatory technology provider, to enhance its data, analytics, and credit risk platform [5] - The company has made borrowing and repayment history data of over 8 million UK businesses available to lenders [6] - Experian partnered with CleverChain for AI-powered global due diligence intelligence and collaborated with Fair4All Finance to improve access to debt consolidation products [6]

Core Insights - Experian has announced the acquisition of Own Up, an AI-powered mortgage shopping platform, to enhance mortgage access and consumer home loans within the Experian Marketplace [1] - The acquisition aims to provide consumers with expert homebuying guidance and improve the overall lending ecosystem by integrating Own Up's technology with Experian's existing services [1] Company Overview - Experian is a global data and technology company that operates across various markets, including financial services, healthcare, and automotive, with a workforce of 25,200 people in 33 countries [1] - Own Up is a financial technology company focused on making homeownership more accessible and affordable, utilizing a data-driven platform to connect borrowers with vetted lenders [2] Strategic Goals - The acquisition aligns with Experian's mission of Financial Power to All™, expanding its presence in the mortgage industry and helping lenders reach more qualified shoppers [1] - By integrating Own Up's AI capabilities, Experian aims to enhance its innovation roadmap and speed to market for AI-powered financial solutions [1] Consumer Benefits - Consumers will benefit from personalized mortgage options, expert guidance, and the ability to compare home loan rates seamlessly within the Experian Marketplace [1] - The integration will provide a comprehensive support system for consumers throughout the homebuying process, from credit building to mortgage comparison [1]

Group 1 - The stock price of Yibolai continued to decline, dropping by 5.6% [2]

LAS VEGAS--(BUSINESS WIRE)--With fraud continuing to emerge as a growing operational challenge for the automotive industry, new research from Experian, a global data and technology leader, reveals how significant fraud is becoming. Based on a survey of automotive dealers, nearly nine-in-10 are concerned about fraud. The findings also show 70% of dealers believe fraudulent transactions are on the rise, signaling upward momentum. While income-related fraud schemes are the most common, identity-related fraud h ...