SB Finance: Taps FinScore for credit scoring in the Philippines

SB Finance: Taps FinScore for credit scoring in the Philippines

  • SB Finance is a partnership between Security Bank Corporation and the Bank of Ayudhya (Krungsri) of Thailand
  • FinScore is an alternative credit scoring company that is powered by telco data and advanced analytics
  • Partnered with FinScore to enhance its credit scoring efforts using alternative data
  • Using FinScore’s Telco Credit Scoring Solution will be able to predict the creditworthiness of borrowers
  • With several Filipinos needing access to funds, being able to determine their creditworthiness is critical
  • FinScore‘s solutions are based on over four hundred (400) telecommunication variables such as voice usage, top-up patterns
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Mal Raises $230M to Launch AI-Powered Islamic Digital Bank

Innovative banking aims to integrate AI with Islamic finance principles.Highlights: Mal raises $230 million for an AI-focused Islamic...

UK Government Appoints AI Champions, Strengthening Tech Leadership

Starling's CIO and Lloyd's AI Chief Named Key Figures in AI DevelopmentHighlights: Starling CIO and Lloyds AI Chief...

Zepz Strengthens Portfolio with Pomelo Acquisition to Expand Services

The remittance leader Zepz moves into the payments space with new purchase.Highlights: Zepz acquires Pomelo to broaden its...

HSBC Strengthens Legal Operations with AI Platform Pilot

The bank explores innovative solutions to enhance its legal workflows.Highlights: HSBC launches a pilot for an AI platform...