IFC Publishes Handbook for Financial Inclusion

By | June 28th, 2017|Categories: IFC|

In collaboration with Cignifi Inc, the Intarnational Finance Corporation published The Data Analytics and Digital Financial Services Handbook. The handbook gives financial service providers an overview of the potential that data and data analytics present for [...]

The Bank in Your Pocket

By | June 23rd, 2017|Categories: BBC|

Smartphones are bringing banking to the unbanked - giving millions in emerging markets access to credit and banking for the first time. Presenter Manuela Saragosa speaks to World Bank treasurer Arunma Oteh, as well as [...]

Leapfrog and Omidyar Network target unbanked billions in Cignifi deal

By | June 22nd, 2017|Categories: Cignifi|

Big Data Platform Plans Aims to Extend Financial Inclusion to One Billion Emerging Consumers LeapFrog Investments and Omidyar Network, the investing firm of eBay Founder Pierre Omidyar, invest in Cignifi, a big data platform powering [...]

Alternative Credit Scoring in the US: Innovators Applying Data Science to Unlock Financial Potential of ‘Thin-File’ Individuals

By | March 1st, 2017|Categories: Cignifi|

In 2015, there were 26 million credit invisible consumers in the US, according to the report by Consumer Financial Protection Bureau (CFPB). Although those people are credit-invisible for the traditional sector, their everyday activity and alternative [...]

No Credit History? No Problem. Lenders Are Looking at Your Phone Data

By | November 28th, 2016|Categories: Bloomberg|

"Financial institutions, overcoming some initial trepidation about privacy, are increasingly gauging consumers’ creditworthiness by using phone-company data on mobile calling patterns and locations. The practice is tantalizing for lenders because it could help them reach some [...]

Cellphone Use to Determine FICO Scores Abroad

By | October 26th, 2016|Categories: Wall Street Journal|

"How often do you call or text your friends? Credit scores for some consumers outside the U.S. will soon be based on that. Fair Isaac Corp., or FICO, plans to announce Tuesday that it will start letting nonfinancial [...]

This New Kind Of Credit Score Is All Based On How You Use Your Cell Phone

By | April 28th, 2016|Categories: Fast Company|

"In many emerging market countries, where the cash economy is more prevalent and credit is less common, far fewer people have any credit history, and thus have no credit score at all. The World Bank [...]

Cignifi and Equifax Partner to Bring Next-Generation Credit Scores to Unbanked Population in Latin America

By | March 30th, 2016|Categories: Business Wire|

"Cignifi and Equifax, a global information solutions company, today announced a multi-year partnership that will help Equifax expand its credit scoring capabilities in Latin America. The agreement will leverage Cignifi’s path-breaking analytics and technology to [...]

A Key Question of the Digital Era: How Much Information is Too Much?

By | February 8th, 2016|Categories: Techonomy|

"Mobile technology is rapidly changing the way we live. This is most dramatic in emerging countries that have simply skipped the static world of desktop computers and one-to-one emails and moved directly to the untethered, [...]

Fintech Start-Ups Need Not Be A Threat

By | November 10th, 2015|Categories: Informilo Magazine|

"Cignifi, a Cambridge, Massachusetts-based start-up funded by eBay founder Pierre Omidyar’s investment firm and American Express Ventures, calculates a person’s credit-worthiness from their mobile phone calling history...  It offers its technology platform to banks and [...]