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MFS- The mantra of survival of the fittest for a sustainable business

MFS- The mantra of survival of the fittest for a sustainable business
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This new approach to credit scoring is accelerating financial inclusion in emerging economies


This new approach to credit scoring is accelerating financial inclusion in emerging economies
The concept of credit scoring first arose in the US and was initially deemed to be successful to the degree it was used as a primary, or even sole, mechanism for identifying one’s financial fitness.
However, there are differences between the US and maturing markets like Indonesia.
US credit scoring focuses primarily on banking and financial data, and mainly consists of credit cards, loans and banking usage data and alarms. To date, there are not many non-banking entities participating in this problem space in a unified way. ....

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