The consumer credit market is large and complex, but it changes rapidly. One of the biggest trends in the consumer credit market is the increased use of alternative data sources in credit decisions. The banking industry is still transitioning from traditional data collection and analysis methods to more advanced techniques such as artificial intelligence (AI),

On Thursday, March 10, 2022, at the Four Points by Sheraton, in Victoria’s Island, CARMACHAIN hosted a roundtable of top digital lenders. This roundtable meeting was convened to discuss the challenges of accessing consumer data for effective lending to the underbanked in Nigeria. The meeting gave lenders the opportunity to exchange ideas while also enabling

Nigeria is a large complicated economy. A population of 200 million people, a GDP of over 445 billion & 75% of its GDP is in services and industry. These are all signs pointing to a soon to be developed country. However, access to the financial ecosystem, especially to affordable credit is incredibly low. This threatens

API is one of the most used but misunderstood terms in tech & software development. Not everyone understands what exactly it means and why it is needed. Let’s figure it out together. An API (application programming interface) is a connection between computers or between computer programs. It is a type of software interface, offering a

Every bank has very similar challenges, too many borrowers and not enough money. Until now. Globally, more banks than ever are reporting surplus accumulations of capital to lend. My name is Ted Martynov and I’ve ran credit & lending companies for many years. I was fortunate to do this in very diverse economies like Ukraine