Cignifi raises funding to provide credit scores for people in emerging markets

mobile-money

Cignifi relies solely on mobile phone behavioral data.

Financial institutions, in the developed world, use credit history in order to assess a person’s creditworthiness and subsequently issue them financial products at personalized terms.. Unfortunately, that’s difficult to do in emerging markets, where mobile phones are more prevalent than traditional credit history.

 

 

Continue reading… “Cignifi raises funding to provide credit scores for people in emerging markets”

0

Going beyond credit scores, predicting personal behavior

ranking responsibility

What is your Medication Adherence Score?  Fair Isaac Co. thinks it knows what it is.  They are the company that created the FICO credit score and they are branching out into new territory.  Fair Isaac Co. is assembling disparate data in an effort to better understand a range of human behaviors.

 

Continue reading… “Going beyond credit scores, predicting personal behavior”

0