Month: May 2017

Social media data not suitable for credit scoring

May 29, 2017 by Erki Kert

Roughly 5 years ago, when the idea was first floated that big data might help lenders make more accurate credit decisions, big data was also mostly though of in the context of obtaining additional data from social media, such as the widely popular Facebook where pretty much every individual on the planet has tons of information about. In fact, that’s where we started from as...