“Machine learning is the answer to the financial inclusion problem.” So said Douglas Merrill, founder of ZestFinance. It’s a bold statement, considering that the lending space...
Nothing attracts a crowd like a crowd, and nothing sparks ignition faster than the fact that something is already popular. Digital payments and prowess, by...
Just as SAT scores don’t convey everything about a student, FICO scores don’t convey everything about a loan applicant. They can be one valuable piece...
Talk to anyone in the U.S. credit space, and they can tell you about their access to consumer information, such as name, income, education, voting...
Soon after news emerged that the Consumer Financial Protection Bureau (CFPB) would be pulling back its investigation into Equifax Inc. and the data breach that...
Ant Financial Services Group (which offers Alipay) said on Monday (Jan. 15) that it has garnered approval in China to issue consumer credit backed securities...
In January 1950, William Applebaum published a piece in the Journal of Marketing about the buying behaviors of consumers in retail stores. At the time, Applebaum...
China is on the hunt for a homegrown alternative to the U.S.-based FICO score credit ranking system as it attempts to keep up with the...
Muhammed needs six new computers for his internet café in Jakarta. It’s a small café, and six machines are enough, but the ones he has...