Overview
- The companies announced an updated UltraFICO that integrates consumer‑permissioned deposits, withdrawals, and balances from checking, savings, and money market accounts.
- Lenders will receive a single score that blends traditional credit history with real‑time cash‑flow signals.
- The score will be delivered through Plaid Check, Plaid’s consumer reporting agency.
- FICO says the model closely tracks its traditional scores to limit system changes and reduce onboarding time, including for mortgage use.
- Plaid provides the data through connections to more than 12,000 institutions and reports nearly 1 million daily data links, while it separately continues a beta for its LendScore product.