CIMB Bank Philippines is using smartphone data for underwriting

Buy-now pay-later mode and credit scoring of consumers

From a merchant’s point of view, establishing BNPL payment options will be a way to increase volume of sales and allow consumers to make immediate purchases in instalments without worrying about interest rate. The challenge is to identify low-risk and high value customers who will have the ability and willingness to pay. Fintech has the answer.

BNPL funding grew 93% CAGR as volumes, users and revenues surged in 2020

Industry experts, including our CEO & Founder, Peter Barcak, share their views on the impact of this changing landscape, emerging value propositions, and key technology enablers for future growth.

Bahasa: Masa Depan Neobank di Indonesia

Our Sales Director & Country Manager – Indonesia, Paramita Wikansari, shares her views on th emerging Buy Now Pay Later trend in Indonesia.

Artificial Intelligence: The Gamechanger in Improving Persistency Ratio and Boosting Customer Experience

Alternative data to financially boost Indonesia’s population

Read our Sales Director and Country Manager, Paramita Wikansari's thoughts on how alternative data can not only benefit the non-lendable, NewtoCredit, and unscorable (by conventional means) customers, but also become a complementary source of data to score and hence provide the entire population with equal access to financial services on fair terms.

Alternative Data Seeks to Fill in Gaps for the Fintech Industry When Big Data Proves Inadequate

Product development and data partnerships lead Michele Tucci explains the advantages of alternative data in credit scoring and its wider use in the fintech industry.

Alternative Credit Scoring: Banking for the Unbanked

Most people in the developed world went through a “credit building” phase in their lives, but 4.5 billion people around the world have little or no credit history.

Airtime-Based Credit Scoring: The Key to Successful Customer Engagement and Growth

Accelerating Financial Inclusion with Smartphone Metadata

CIMB Bank Phillipines expanded its consumer base by signing over 1 million Filipino customers in just 10 months, through its all-digital mobile banking platform. This helped the bank become market leader in the ASEAN region. In a country like Philippines, with 77% of the unbanked population this is a classic success story. How did the bank achieve this feat?

7 Fintechs in South East Asia That’s Making Financial Inclusion Its Mission

Addressing the problems of ‘thin file’ and the underbanked

Michele Tucci of CredoLab discusses how the company evaluates smartphone and web metadata to create bank-grade digital scorecards. The use of such ‘alternative data’ addresses the problems faced by ‘thin file’ and underbanked customers in access to credit – not a small issue when, for example, 27% of the US population has so little credit history, they’re considered ‘unscorable’.