Tag: data analytics
How Tech Companies Using Credit Scoring To Determine Eligibility
In the UK, tech companies are increasingly venturing into the financial sector, offering products like loans, credit cards, and buy-now-pay-later (BNPL) services such as Klarna. A critical component of determining eligibility for these financial products is credit scoring. This system assesses a customer's creditworthiness and risk level, allowing companies to make informed lending decisions. Here's…
Harnessing the Power of Data Analytics for Actionable Insights and Improved Business Outcomes
Data analytics is rapidly becoming a game-changer for businesses across the globe, allowing organizations to glean valuable insights into their operations and customers, leading to informed decision-making. In this article, you will read an overview of data analytics, its importance in business decision-making, and the various types of data analytics, such as descriptive, predictive, and…