People with higher credit scores are more likely to have grown up in an environment where they learned how to use credit to their advantage.
Lenders today have a credit blind spot; this is because of the provision in the government stimulus package that allows...
Sens. Sherrod Brown, D-Ohio, Elizabeth Warren, D-Mass., and three other Democratic senators sent a letter to Upstart Network and other...
The New York Department of Financial Services is allowing life insurers to use nontraditional data in order to determine premium...
[Editor’s note: This is a guest post from David Lin, Head of Credit at PayU. David is an experienced FinTech risk executive...
In an op-ed in American Banker, the CEO of MeasureOne, Elan Amir, noted that traditional credit models are not well...
Freddy Kelly is the CEO and co-founder of Credit Kudos; Credit Kudos is an alternative credit bureau that uses open...
Fiserv unveils new digital mortgage product, giving credit unions a leg up With the $3 billion alternative data industry exploding,...
There are many consumers who have a thin credit file or no credit history at all; a new bill called...
Indian banks are working with fintech startups to develop technology similar to what is used in markets like Africa and China; the banks hope to use social data and online shopping habits to underwrite borrowers; FICO recently began to offer credit scores in India using alternative data and there are many startups working on similar efforts. Source