Subscribe to BiziNet Digital
Name:     Email:    
BiziNet Logo

"Ms Wan Jiaqi (Jacquelyn)" BiziNet Articles



Showing Articles [1 - 1] of 1.

The application of big data to microcredit risk control

Ms Wan Jiaqi (Jacquelyn)

Nonbank online lenders are making more microloans than commercial banks nowadays. The microfinance institutions worldwide serve more than 70 million borrowers and a total loan portfolio estimated at AUD $40 billion in 2019(Microcredit Summit).

This trend will only continue to accelerate in the 2020s due to the dramatically increased amount of individual consumer loans. Thanks to advanced network technology, conforming loans are now so easy to make that online lenders have been able to outcompete banks on speed and ease of approval.



Ms Wan Jiaqi (Jacquelyn), DaNuhai Consulting
BiziNet Magazine #108 - Jun/Jul 2021

 


Embed

If you would like to embed this page on a website, please use the HTML code below.

Articles by Company
Network Advertising
The Inflatable Event CompanyCommercial Flyer Distribution, B2B Flyer DeliveryFlyer Printing, Business Card Printing, Booklet Printing and Other Printing Services - BiziNet Printing