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(Credit Scoring/Financial Inclusion/Emerging Economies) This new approach to credit scoring is accelerating financial inclusion in emerging economies (Vira Widiyasari, Herman Widjaja, WEF)

  • An alternative form of credit scoring is being used successfully in emerging markets as data on consumer consumption is rich because e-commerce is widespread.
  • The new scoring (ACS) works with artificial intelligence and social media, instead of paper-based scoring methods that depend on consumers having a bank account.