Roadblocks and Blindspots

This data is fed into platforms like CreditVidya, where AI and machine learning algorithms process it to assess credit risk, even when applicants lack traditional credit histories. Juvo is another organisation that leverages data from mobile user behavior to create proprietary credit scores. These scores unlock new financial opportunities for individuals who lack formal credit histories, offering them access to resources that were previously out of reach Roadblocks and Blindspots While alternative credit scoring offers a promising path toward financial inclusion, it raises important questions around privacy, data integrity, and regulation. The extraction of personal data—ranging from mobile transactions to social media activity ufabet