Psychometrics: What makes a reliable borrower? Joint Research with Mondato
Emerging research and data collected through psychometric assessments are pinpointing the psychological attributes that portend a promising borrower, while detailing how to tailor products and solutions according to individual psychological traits
The future of lending is first-party data
In a data-rich world, it is increasingly important to know how to select the best data source for each process. What is the difference between first-party and third-party data? And why are some lenders moving to first-party data for risk assessment? Let’s start with some definitions First-party data is data that you create or […]
What is a psychometric assessment?
And how can it help your credit score? If we want to measure temperature, we use a thermometer. But how can we measure variables like knowledge and attitudes? We use a psychometric assessment. The term ‘Psychometrics’ sounds intimidating and complicated, but essentially it refers to the ability to measure psychological traits. Psychometric assessments can objectively […]
