Posted on Jun 4, 2019
With a snip of an orange ribbon, speeches, games, music and thank-yous, every address in this tiny, rural city now officially has access to one of the world’s fastest internet services. But when you’re in kindergarten, that announcement came with the best benefit of all.
This report, the second in a two-part series, turns attention to the discovery of emerging tools that enable FIs to analyze, design, and differentiate portfolio risk as well as financial performance and that are well-positioned to have a long-term retail finance impact.
A recent article in American Banker asked the question "Is it OK for lending algorithms to favor Ivy League schools?" The article begins by saying that much of the energy behind the fintech movement comes from its promise of financial inclusion. Unfortunately, that is really not the goal of the fintech (a.k.a.