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Reshaping the Future of Credit Scoring

About 2.5 billion people across the world still lack access to formal credit according to World Bank estimates. An estimated 3 billion people are set to enter the middle class by 2030 and banks in emerging markets are looking at a revenue opportunity of around  USD 400 billion in serving [...]

2020-01-14T06:21:54+00:00

3 Ways Blockchain Is Transforming The Way We Do Business

Most of the blockchain technology headlines revolve around the outsize performance (and then underperformance) of cryptocurrency, which closely resembled a roller coaster as Bitcoin gained 1,400 per cent in 2017, up as much as 1,935 per cent when it hit a record high of $19,666 in December 2017, before [...]

2020-01-02T06:02:19+00:00

Chatbots to Help Bank Save $7.3 Billion by 2023

A new study has found that the operational cost savings from using chatbots in banking will reach $7.3 billion globally by 2023, up from an estimated $209 million in 2019. This represents time saved for banks in 2023 of 862 million hours, equivalent to nearly half a million working years. According [...]

2019-12-23T06:59:33+00:00
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