Finezza

APRIL 23, 2025

In 2022, around 160 million people in India were credit-underserved. One reason for this is the overreliance on traditional scoring models, which typically consider parameters such as payment history, debt-to-income ratio, and length of credit.

Credit Risk 52

Credit Risk Risk Management Risk Underserved 52

Finezza

APRIL 23, 2025

In 2022, around 160 million people in India were credit-underserved. One reason for this is the overreliance on traditional scoring models, which typically consider parameters such as payment history, debt-to-income ratio, and length of credit.

Credit Risk 52

Credit Risk Risk Management Risk Underserved 52

Fintech News

JANUARY 18, 2024

Using remote sensing technologies on farmland, the bank assesses credit risk based on crop growth and various factors. This approach ensures that even farmers in remote areas can access credit. Within a short period, it quickly gained over 500,000 customers, with a focus on helping customers save on everyday spending.

APACS 122

APACS Finance Cross-Border Ubiquitous 122

FICO

JANUARY 11, 2023

Top 5 Decision Management Posts of 2022: AI and Digital Jane. Wed, 05/25/2022 - 03:43. The promise of AI and FICO Platform dominated the top posts of 2022 in the Decision Management category. The promise of AI and FICO Platform dominated the top posts of 2022 in the Decision Management category. Saxon Shirley.

AI 52

AI Posting Audit Governance 52

FICO

DECEMBER 1, 2022

Tue, 07/19/2022 - 16:11. Thu, 12/01/2022 - 11:05. There’s no way to sugarcoat it: 2022 was a rough year for businesses. Here's an example of why we need to focus more on practical uses of Generative AI: Open banking represents a huge revolution in credit evaluation, particularly for the underserved. by Scott Zoldi.

AI 98

AI Governance Government Audit 98

Finovate

APRIL 10, 2024

Empower also announced it closed the acquisition of Philippines-based consumer credit and lending fintech Cashalo. Empower , a fintech helping to extend credit to underserved consumers, announced plans to acquire underserved credit card provider Petal.

Credit Cards 52

Credit Cards Underserved Underwriting Acquirers 52

FICO

JULY 18, 2022

Mon, 07/18/2022 - 18:40. FICO® Score models, developed using advanced computational methods, including insights from ML, are designed to provide lenders with explainable reason codes to share with consumers for their credit decisions. . The use of Machine Learning must be balanced with deep domain expertise in credit risk modeling.

AI 52

AI Financial Inclusion Fraud Detection CFPB 52