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 10

Credit Scoring Banking Dunning Metrics 10

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

OCTOBER 21, 2013

Some innovative companies are connecting data traditionally used by banks to assess the credit score of loan applicants with information ranging from mobile phone usage data to online social media relations data, in order to better and faster assess the creditworthiness of a micro-loan applicant.

Credit Scoring 11

Credit Scoring Diversity Retail Media 11

Harvard Business Review

MAY 8, 2018

Last year the same team at Google used data on eye scans from over 125,000 patients to build an algorithm that could detect retinopathy, the number one cause of blindness in some parts of the world, with over 90% accuracy, on par with board-certified ophthalmologists. And this study is no outlier. Regulators at the U.S.

Health Care 8

Health Care Credit Scoring Constraint Learning-by-Doing 8

Strategy Driven

SEPTEMBER 18, 2019

OnDeck: OnDeck offers working capital loans to borrowers with a minimum credit score of 680 with rates around 9%. It also offers a line of credit which has a repayment period from 6 months till one year. It also offers a line of credit which has a repayment period from 6 months till one year.

Working Capital 11

Working Capital Credit Scoring Long-term Short-term 11

Strategy Driven

APRIL 11, 2018

Credit checking your customers can also help you to improve your cash flow and save money. If you work with a client with a bad credit score, you’d likely never get paid and end up losing out. You can easily reduce your company’s electricity bill this way, and if you get the whole team on board, it’s very easy to do.

Outsourcing 52

Outsourcing Energy Software Credit Scoring 52

Harvard Business Review

SEPTEMBER 21, 2012

For insurers, transforming these data into their most usable form may require the creation of new composite variables or scores from the existing data — something like a driving risk score that gives weight to telematics data, geography, and credit score.

Insurance 15

Insurance Team Credit Scoring Retail 15

Harvard Business Review

MARCH 26, 2015

CROs are deeply familiar with the troves of risk data, such as payment habits and internal credit scores, that their companies keep. The risk team helped run the numbers to ensure the client met the right credit threshold, then marketing prepared the package and the reps went to work. Cross-pollinate your talent.

Credit Scoring 8

Credit Scoring Risk Management Finance Marketing 8

Harvard Business Review

DECEMBER 9, 2016

This bias shows up in numerous aspects of our lives, including algorithms used for electronic discovery, teacher evaluations, car insurance, credit score rankings, and university admissions. Consider assigning a team or hiring outside professionals to audit key algorithms.

Credit Scoring 8

Credit Scoring Software Efficiency Review 8

Harvard Business Review

FEBRUARY 1, 2016

You and Your Team. How to build a strong team. Instead, a strong statistics background can ensure the credit models withstand rigorous statistical scrutiny and do not overfit the data. For example, in credit scoring, lenders are not allowed to discriminate on the basis of various protected classes (e.g.,

Incubator 8

Incubator Credit Scoring Software Engineering 8