Less than 25% of the population has access to credit. They cannot get a loan because they are thin file and the lender cannot make the right credit decision. We believe that big behavioural data and the application of new technologies such as Machine Learning will offer the solution. This will help lenders to grant more loans and monitor risk. Spocto applies Machine Learning Technology on to discover and monitor patterns that strongly enable risk reduction.
Our secret sauce lies in the deep scientific knowledge on psychographics applied in our scoring models.
spocto’s psychographic risk scoring as alternative credit score, is operational across all geographies. The solution comes with a customers score and their profile.
Benefits of psychographic credit scoring: