Providing access to credit to individuals and businesses sparks inclusivity and drives growth for the society and economy. The existing brick wall that we are facing is that despite the strong loan appetite banks and financial institutions to the lower-class, they cannot proceed in fulfilling the loan because of lack of financial information. Their options
FinScore, an alternative data credit scoring company in the Philippines, wins The Asset Triple A Digital Awards as ‘Fintech Start-up of the Year’ for the second year in a row. The Asset is the financial magazine for Asia’s decision-makers, providing unbiased and independent coverage on Asia’s financial industry. The Asset Triple A Digital Awards is in its sixth
Experian Teams Up with FinScore to Uplift Financial Inclusion through Alternative Data Scoring in the Philippines
MANILA, March 10, 2021 – Experian, the world leader in information services, has partnered with FinScore, the pioneer in delivering telco data credit scoring to the unbanked and underbanked populations in the Philippines.
The banking sector of today relies on digital solutions to manage customers and provide an overall better credit and lending experience. While technology makes business processes simpler and more advanced, it also makes a company vulnerable to fraudulent customers and non-performing loans (NPLs). Non-performing loans are one of the major factors that interfere in bank
FinScore Awarded As Best Fintech Start-up For Credit Score Solutions in the Philippines by Global Brand Magazine Awards 2020
FinScore is awarded as the Best Fintech Start-up for Credit Scoring in the Philippines by Global Brands Magazine. The Global Brands Awards was established with the aim of honoring excellence in performance and rewarding companies across different sectors.
Secure and reliable verification of identity is always going to be a top priority in the financial sector. However, the recent global pandemic has accelerated the world into becoming digital-first and set off a major resurgence in identity fraud and cybercrimes. As banks and other financial institutions shift their operations online to reach remote customers,
MANILA, February 2021 – Tonik, the first neobank in the Philippines operating under its own bank license by the Bangko Sentral ng Pilipinas (BSP) strikes a partnership with FinScore, the Philippines-based Alternative Credit Scoring company. The two fintech startups are on a mission to revolutionize the way Filipinos access loans for various purposes.
FinScore Seals Partnership with UnionBank of the Philippines to Boost Accessibility to Financial Services in PH
UnionBank of the Philippines (UnionBank), a leading universal bank in Southeast Asia, ranked as Asia-Pacific’s second most helpful bank during COVID-19 and the only Philippine bank in the top 20 list, has signed a partnership agreement with FinScore, an alternative credit scoring company that is powered by telco data and advanced analytics, aiming to promote
According to the latest survey from the Bangko Sentral ng Pilipinas (BSP), the number of Filipino adults who remain unbanked is estimated at 51.2 million, out of a total adult population of 72 million. Forty-five percent of the unbanked cited lack of funds as the top reason for not having an account, followed by the
Provenir welcomes FinScore to its Partner Ecosystem to Empower Smarter Credit Decisioning in the Philippines
Provenir partners with FinScore, an alternative credit scoring company that is powered by telco data and advanced analytics, to accelerate and streamline access to decisioning data in the Philippines. Provenir, a leader in risk decisioning and data analytics software, today announced a new data integration partnership with FinScore, an alternative credit scoring company in the Philippines