What are the technical requirements for building and maintaining alternative credit scoring platforms?

Aug 16, 2022 ... An alternative credit score uses data that isn't used in traditional credit scoring models, called alternative data. Here's why alternative ... Sep 8, 2016 ... The app gathers 10,000 data points for each customer, forms a financial identity for them within five seconds, and then uses mobile money or ... Summary of S.1685 - 115th Congress (2017-2018): A bill to require Fannie Mae and Freddie Mac to establish procedures for considering certain credit scores ... M&T Advisory is a digital publication prepared by the Indonesian law firm, Makarim & Taira S. It informs generally on the topics covered. May 17, 2022 ... New alternative credit scoring systems present challenges not covered by the Fair Credit Reporting Act or the Equal Credit Opportunity Act. Mar 21, 2022 ... MO Technologies Chooses Esri's ArcGIS Platform to Support Alternative Credit Scoring Tool ... The product also works in tandem with MO Score, the ... Jun 28, 2023 ... Several fintechs leverage alternative data such as rent payments to help consumers improve their credit scores. For example, RentPlus and ... By: Chi Chi Wu, Carolyn Carter. June 1, 2022 — Issue Brief. Credit scores reflect dramatic and troubling disparities by race. For instance, a 2019 study by ... Feb 16, 2017 ... In the consumer financial marketplace, alternative data refers to information used to evaluate creditworthiness that is not usually part of a ... Jun 5, 2024 ... We find that incorporating retail data increases approval rates for individuals without a credit history, from 15% to between 31% and 47%.