Remove Analyzing Data Remove Credit Risk Remove Economics Remove Financial Data
article thumbnail

FinTech Jeff Aims To Boost Lending To The Underbanked In South Asia

PYMNTS

As it stands, 90 out of 100 people looking for a loan are likely to get rejected, Niparts said, because the banks lack the financial data needed to calculate the risk and were using very outdated methods trying to obtain it. So we are barely scratching the surface in Vietnam alone,” he said. Know-How Meets Opportunity.