Ethical AI: Experts say AI can be tapped for alternative credit scoring
Approximately 7.1 million U.S. households are unbanked, according to the most recent data from the FDIC, and 1.7 billion adults ...
Tag: credit scoring
Can Banks Solve their Small-Dollar Loan Problem with Fintech Partnerships?
Aura, a San Francisco-based fintech offering affordable loans to low to moderate-income households, wants to partner with banks to offer ...
Why Does Alternative Credit Scoring Help Consumers?
EXCLUSIVE— As fintech progresses, consumers are flocking to digital services and products, which all rely on the same thing: data. ...
Credit-Scoring Tool Wecash Gains 5 Million Users in 12 Weeks
When services scale in China, they go big. Beijing-based credit-scoring platform Wecash recently counted more than 35 million users. Not too ...
Alternative Credit Scorer Aire Heads to North America
Thin file? No problem. U.K.-based alternative credit-scoring engine Aire is heading to Canada next month, and to the U.S. a few months ...
Alternative ways to score consumer credit worthiness in the global Underbanked market
Fair Isaac Corporation, which invented the FICO score, was founded way back in 1956. The FICO score was one ...
Loan Volume at Elevate, Alt-Subprime Startup, Hits $442 Million
Welcome to the newest innovation sector: alternative subprime lending. Fort Worth, Texas-based Elevate appears to be leading the charge in ...
The Klout to Get a Loan
Lenddo Lenddo is like Klout for your credit score. Using the number and quality of your social connections to help ...
