Lenders have long identified the need to develop better scoring models that include those with thin or no credit files, but the problem persists, Credolab’s CSO Michele Tucci said. Credolab tackles the problem using privacy-consented and permissioned data through smartphones and web pages.
Will this be enough to break the spiralling loss of confidence in the banking system?
More than a year after it would expand to Latam, British neobank Revolut has officially launched in Brazil with its global account product.
David Velez founded Nubank in 2013 with the idea of taking on big banks in Brazil and leveraging technology to change how financial products are served in the country radically.
This partnership opens doors for virtual communities across the globe to engage with global financial services providers and sports communities.
It is becoming increasingly necessary for financial institutions to start thinking outside the box for ways to grow and diversify their loan portfolios.
Financial exclusion is a global problem affecting millions of people, through strategic design and implementation, could CBDCs be the solution?
In the Netherlands, BNPL company In3 has been a part of this growth and is now set to expand into other markets.
Mirato simplifies the third-party risk management process with its Industry Landscape Map placing vendors into the most relevant categories.
Plaid is becoming the glue that connects so much in financial services. Here is a rundown of just some of their recent developments.