Credit Scoring Innovation Technology 
HR Digest
JANUARY 2, 2022
Generation Z are known for being more responsible with their money than millennials, so they tend to have a higher credit score. This cohort is constantly plugged into social media and technology, making it difficult for them to focus on anything else. They are also very innovative and come up with new ideas.
The Horizons Tracker
NOVEMBER 26, 2023
Equipped with business profiles that exceeded the criteria for loan qualification, the Black testers were furnished with even stronger profiles (including higher business income, longer operational history, greater funds in their accounts, and superior credit scores).
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Harvard Business Review
SEPTEMBER 16, 2014
Today, community banks are being consolidated and larger banks are relying more and more on data-driven credit scoring to make small business loans—if they are making them at all. My recent Harvard Business School Working Paper on small business credit explores new technology-driven entrants in the world of small business lending.
Harvard Business Review
AUGUST 11, 2014
Small businesses are also instrumental to our innovation economy; small firms produce 13 times more patents per employee than larger firms and employ more than 40% of high technology workers in America. Since 1995, small employers have created about two out of every three net new jobs65%of total net job creation.
Harvard Business Review
OCTOBER 21, 2013
Some innovative companies are connecting data traditionally used by banks to assess the credit score of loan applicants with information ranging from mobile phone usage data to online social media relations data, in order to better and faster assess the creditworthiness of a micro-loan applicant.
Harvard Business Review
SEPTEMBER 16, 2014
Today, community banks are being consolidated and larger banks are relying more and more on data-driven credit scoring to make small business loans—if they are making them at all. However, all these online models depend on developing accurate new predictive models of credit assessment, often using new sources of data.
Harvard Business Review
APRIL 26, 2017
banks are going to survive the coming wave in financial technology (fintech), they’ll need to finally take digital transformation seriously. Small businesses are starting to demand banking services that have engaging web and mobile user experiences, on par with the technologies they use in their personal lives.
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