Experian has launched Cashflow Score, a new solution designed to help finance sources gauge creditworthiness by accessing and analyzing consumer-permissioned transaction data such as income, expenses and cash on hand.

The tool is targeted to the Experian-calculated 20% of Americans for whom the three major credit bureaus cannot provide a credit profile or score.

“We believe in a future where the power of credit data can be augmented with cashflow insights to enhance decisions and ultimately bring more consumers — including those who are traditionally underserved — into the financial ecosystem,” writes Scott Brown, group president of Experian Financial and Marketing Services, in a release.

In February, TransUnion unveiled its TruVision Alternative Bank Risk Score, a “thin- or no-file” scoring model based on applicant banking activity.

Read more at Experian