Emerging Credit scoring practices in developing Economies - Prof Johnathan Crook
From James Stewart on April 1st, 2020
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From James Stewart on April 1st, 2020
The past few years have seen considerable interest in developing credit models to include new data sources. This is particualrly valuable in developing economies where most people have no relevant data associated with them, which means they cannot currently access credit and other financial services.
The scope of use of people's scores is also expanding, and nowhere more so than in China, where the state and private enterprises are attempting to introduce 'social credit systems' in to support the economic and political system.
What is the truth about these systems and these practices? What can we learn from recent experiments, and what are the benefits and risks of using data-based metrics in calculating social risk and entitlement.
Jonathan is Professor of Business Economics, Deputy Dean and Director of Research at the University Business School, and director of the Credit Research Centre which he has led for a number of decades.He concentrates on two research areas:
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