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Experian and FinScore to Raise Financial Inclusion in the Philippines via Alternative Credit Scoring
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.
Through this partnership and subsequent access to Experian’s global know-how, FinScore will intensify its focus on delivering alternative credit scoring to help financial institutions reduce high default rates and prevent fraudulent activity, whilst simultaneously bridging the financial inclusion gap for unbanked individuals in the country. Banks and financial institutions that utilize the joint technology will be able to score the unbanked population and gain access to more relevant financial products and services that they need.