Block chain is a trending technology that is revolutionizing global financial sector. Its impact on various industries has been so positive that even the lending market has taken note. P2P Lending firms globally have started harnessing blockchain concepts as it is a potentially disruptive technology. Start-ups in this space are all set to invest in… Continue reading How P2P Lending could benefit from block chain?
Month: February 2019
How Machine Learning Can Help Risk Managers Profile Customers
As digital lending continues its rapid expansion, businesses seek strategies to enhance efficiency and profitability for both lenders and borrowers. Central to consumer lending is the management of borrower default risk, historically assessed primarily through credit scores. However, advancements in technology now offer more nuanced approaches to risk assessment, notably through Machine Learning (ML). Unlock… Continue reading How Machine Learning Can Help Risk Managers Profile Customers