ZestFinance sits at the intersection of “Big Data” and machine learning, a two-pronged approach the company says can help determine the creditworthiness of the unbanked – and which the company says moves far beyond the traditional credit scoring models. ZestFinance’s CEO, Douglas Merrill, offers insight...
As any Boston Red Sox fan knows, a good rivalry can really spice up the action. After thinking for 86 years that there could be nothing on Earth better than breaking the streak by winning the World Series, in 2004 the entire city of Boston...
Move over, Uber. The next wave in transportation disruption may come from a myriad of startups looking to provide a convenient niche service to commuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
U.K. lawmakers released the 2015 Budget plans last week, one Chancellor of the Exchequer George Osborne said would be a “Budget for the working people,” and one he said would create the largest structural budget surplus — of £11.6 billion ($18 billion) by 2020-21 —...
The European Union stands as a massive market for alternative lending, and small business lending remains a hot political topic. EU policymakers are in the midst of working on legislation that would establish a Capital Markets Union aimed squarely at facilitating cross-border investment in small...
Between the Greek government’s reenactment of “The Boy Who Cried Wolf” by threatening loudly to breakup with the euro (and realizing no one really cares), the Chinese government potentially threatening to breakup with the free market and Reddit breaking up with interim CEO Ellen Pao, you...
The problem with security of all kinds is best typified by an experience anyone reading this can relate to — going through the security lines at the airport. After September 11, there are exactly zero adults in the United States who do not understand the...
New research shows the promise of a global middle class may still be somewhat out of reach. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
The European Commission has taken action in recent months to facilitate and encourage cross-border financing in small businesses. It’s a complicated feat that will require streamlining the regulations for SME lending in all member states, but officials have taken the first steps toward this goal...
