Back in the olden days – circa 1950 and before – a customer who wanted a loan would walk into a bank and sit across a desk from a man in a blue suit with a red tie. It was, says ZestFinance founder and CEO...
ZestFinance, the financial technology company with a focus on credit scoring, said Wednesday (July 15) that it is moving into the near-prime consumer loan market. According to a Wednesday release from the company, ZestFinance is debuting Basix, an online loan offering that it says will...
ZestFinance sits at the intersection of “Big Data” and machine learning, a two-pronged approach the company says can help determine the creditworthiness of the unbanked – and which the company says moves far beyond the traditional credit scoring models. ZestFinance’s CEO, Douglas Merrill, offers insight...
May 01, 2018
“Machine learning is the answer to the financial inclusion problem.” So said Douglas Merrill, founder of ZestFinance. It’s a bold statement, considering that the lending space is still trying to articulate what, exactly, the financial inclusion problem is — and everyone else is still trying to figure out what, exactly, “machine learning” means and why it […]
April 11, 2018
Back in the olden days – circa 1950 and before – a customer who wanted a loan would walk into a bank and sit across a desk from a man...
July 16, 2015
ZestFinance, the financial technology company with a focus on credit scoring, said Wednesday (July 15) that it is moving into the near-prime consumer loan market. According to a Wednesday release from the company, ZestFinance is debuting Basix, an online loan offering that it says will “provide much-needed credit for millions of middle-class Americans often denied […]
