![]() As a result, companies in this space are constantly looking to find new and innovative ways to better serve consumer demographics that are underserved by the current system. While that is still a significant part of the industry, there is a growing shift to focus more on the needs of consumers. Innovation within the world of fintech has traditionally focused on helping financial institutions serve customers through new and more convenient ways. What has been the traditional company response to financial technology innovations nationally? Misha Esipov is the co-founder and CEO of Nova Credit, known for unlocking financial opportunities for those historically excluded from the credit system. This integration has already helped thousands of newcomers access their credit reports and get approved for cards - opening a lot of new doors and providing them with the foundation they need to build the credit history that can ensure a strong financial future. Typically, credit history is stopped at the border, preventing many people who moved from being able to obtain consumer credit. The growth of this digital capability enables newcomers from nine countries to use their international credit history to quickly and easily apply for personal American Express Cards and begin building US credit history, if approved. Recently, the company announced new details for its ongoing partnership with American Express to provide expanded credit access to people who have moved to America. ![]() Nova Credit is a company that partners with credit bureaus around the world to deliver real-time international credit data to credit card issuers, lenders, property managers, telecommunications companies and other service providers in the US. More than one million immigrants arrive in the US every year, yet a lack of domestic credit history means millions of recent arrivals appear only as no-file or thin-file when applying for financial services.
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