While a credit report is still a good source of information, there is a need to complete the true picture of a consumer's ability to pay, given the potential for large inconsistencies in reporting.
At the end of 2019, five federal regulatory agencies issued a joint statement advocating the use of alternative data in credit scoring.
From the outside looking in, underwriting may seem like the simplest and most basic of tasks, but this is not always the case.
Trust Science, which provides the Credit Bureau 2.0™ service as a leading AI-powered credit scoring provider, announced that Jeremy Mitchell has entered the position of Chief Data and Analytics Officer.
A complete digital customer journey can increase retention and recurring revenue for lenders. Consumers and/or borrowers are presented with a much more frictionless experience.
Trust Science, an AI-backed credit-decisioning software provider, is hoping to partner with a dozen LOS vendors by year end, according to Chief Executive Evan Chrapko.
Canadian Lenders Association (CLA), the voice of the innovative business and consumer lending industry, announces the Top 25 Lenders of 2019.
Trust Science wants more details about the key pain points facing credit underwriters nowadays, so the provider of credit-scoring solutions powered by artificial intelligence recently launched its annual survey.
TrustScience and Inovatec Systems Corp. finalized a partnership this week. The provider of artificial intelligence-fueled credit scoring and the loan operating system (LOS) provider announced they will partner to release a fully automated lending platform that can enable end-to-end loan management across the entire credit spectrum.
The 2019 Red Herring Top 100 North America event came to a close on May 15th, as the best and brightest of North American startups were honored. The three-day conference was held at The Westin Pasadena and featured expert speakers, roundtable discussions, and presentations from shortlisted companies.
Credit scoring you can count on that integrates into your decisioning process.