Revolution in Lending with Big Data, Small Credit

We are on the verge of massive change. Technological advances in credit assessment are poised to deliver a huge impact by bringing formal, accessible, and affordable credit to hundreds of millions of aspiring middle-class consumers in emerging markets. At the forefront of this change is a burgeoning new field that we’re calling Big Data, Small Credit (BDSC). Omidyar Network, Big Data, Small Credit

2 billion people around the world don't have access to formal financial services

They ar ...

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