FICO and Plaid launch a new credit score powered by real-time cash-flow data

The updated UltraFICO Score blends traditional credit information with Plaid’s transaction-level data from 12,000+ institutions to give lenders a fuller financial picture.

For consumers heavy on savings and light on credit history, a new partnership in the world of credit scores could help you lock down a loan. FICO, the company basically synonymous with the credit score, is teaming up with Plaid to bring real-time data showing how much cash you have on hand to lenders.