MIT professor Maria Loumioti has studied loans made strictly using hard data and loans where a loan officer clearly was influenced by personal connections or feelings about a borrower. The results shed light on the value and limitations of "soft" information.
In this paper, read about Q2’s approach to machine learning and how it led to Q2 SMART, which provides powerful behavioral analytics for FIs, enabling growth while providing account holders with real value.
The president's executive order reflects a lack of trust in the identity information shared between countries. In theory, blockchains are tailor-made to solve this problem, but current systems may not be up to the task.