MasterCard announced a partnership with alternative scoring startup Entrepreneurial Finance Labs (EFL) earlier this week. The deal did not involve the payments giant taking an ownership stake. EFL offers credit providers in developing markets with sophisticated tools to improve underwriting for small business loans. Co-founder and COO DJ DiDonna ofRead More
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Innotribe, SWIFT’s startup engine, today unveiled the 15 companies that are finalists for the $50,000 prize for best startup to be awarded at the upcoming Sibos Dubai. We’ve narrowed down the 15 to the 10 we think are best, and rank ordered them based on what we know about theRead More
In 1956, Bill Fair and Earl Isaac founded FICO, the purveyor of credit scoring algorithms, and since then lenders have used math to make underwriting decisions. But if you want a glimpse into the future of underwriting — especially in the emerging markets — allow me to introduce you toRead More