traditional loss and default models. Using proprietary transaction-level data from a leading fintech company in China for the … advantage of the model that uses the fintech credit scoring technique based on machine learning and big data tends to decline …

FinTech has been transforming the financial landscape in the People’s Republic of China. Its leading FinTech businesses … system. Overall, the FinTech development not only makes financial inclusion an achievable goal but also has important …

globally due to high information costs. Recent fintech developments may be able to mitigate this problem. By leveraging big … fintech approach to assessing credit risk using big data and machine learning models with the bank approach using traditional … financial data and scorecard models. The study shows that the fintech approach yields better prediction of loan defaults during …