HR Digest

JANUARY 2, 2022

In this article, we will discuss how Generation Z’s habits differ from those of previous generations regarding finances and work ethic. Generation Z are known for being more responsible with their money than millennials, so they tend to have a higher credit score. They are also very innovative and come up with new ideas.

Credit Scoring 105

Credit Scoring Finance Bottom-up Entrepreneur 105

Harvard Business Review

SEPTEMBER 16, 2014

Today, community banks are being consolidated and larger banks are relying more and more on data-driven credit scoring to make small business loans—if they are making them at all. My recent Harvard Business School Working Paper on small business credit explores new technology-driven entrants in the world of small business lending.

Credit Scoring 10

Credit Scoring Banking Dunning Metrics 10

Strategy Driven

SEPTEMBER 5, 2019

Amongst the world’s ambitious graduates are some of the next generation’s entrepreneurs and innovators. With a well-developed business plan, entrepreneurs are also much more likely to attract angel investors or secure funding from venture capitalists. It helps to achieve a stronger business credit score. •

Entrepreneur 12

Entrepreneur Venture Capitalist Banking Credit Scoring 12

Harvard Business Review

SEPTEMBER 16, 2014

Today, community banks are being consolidated and larger banks are relying more and more on data-driven credit scoring to make small business loans—if they are making them at all. However, all these online models depend on developing accurate new predictive models of credit assessment, often using new sources of data.

Credit Scoring 8

Credit Scoring Banking Dunning Metrics 8

Harvard Business Review

APRIL 26, 2017

Approval times are cut to days or, in some cases, a few minutes, fueled by data-driven algorithms that quickly pre-qualify borrowers based on a handful of data points such as personal credit scores, Demand Deposit Account (DDA) data, tax returns, and three months of bank statements.

Banking 11

Banking Stage-Gate Credit Scoring Competitive Advantage 11

Harvard Business Review

AUGUST 11, 2014

Small businesses are also instrumental to our innovation economy; small firms produce 13 times more patents per employee than larger firms and employ more than 40% of high technology workers in America. These developments, while promising, are not without risks. Banks remain relatively risk-averse amid the tepid recovery.

Technology 9

Technology Banking Class Real Estate 9

Harvard Business Review

MARCH 26, 2015

Both practices have long developed insights into their customers based on data and analytics. Use risk data as an avenue for innovation. CROs are deeply familiar with the troves of risk data, such as payment habits and internal credit scores, that their companies keep. Cross-pollinate your talent.

Credit Scoring 8

Credit Scoring Risk Management Finance Marketing 8