On financial modelling,  credit scoring, and risk assessment
Channel: Hasgeek TV
Date: 23/01/2019

Traditional methods of credit scoring and risk assessment have limitations when dealing with populations who don’t have previous credit history. Digital trails created by online activities such as social media, telecom data can be used as inputs for alternative credit scoring models. Financial firms and NBFCs are working hard to come up with credible algorithms, using these alternative models.

How do these models work in the real world and do they actually help in financial inclusion of previously underbanked sections of the society? What should technologists who are working in these areas do to address privacy, security and agency of the individuals?

Thuong Nguyen, Chris Stucchio and Anand V chat about the various techniques in financial modelling, credit scoring and risk assessment.