A (personal) case for cross-border credit sharing and alternative data
Using cross-border credit and alternative data should be more normalized to give the immigrant population in the United States access to the financial services they need.
It is presently 2023 and the norm is still to use credit scores, whose evaluation methods really haven’t changed since their invention in 1989, to evaluate consumers for mortgages, rentals, credit card approvals, and more.
7 ways eCommerce businesses use alternative data in 2022
Staying competitive in the eCommerce landscape requires agility and flexibility to pivot business strategies and adjust to changing consumer preferences and economic conditions.
Alternative data from websites, desktop/mobile applications, and other online sources gives managers the critical information they need to make effective decisions. While once confined to investors, eCommerce businesses are also adopting alternative data to refine their marketing strategies, improve product offerings, obtain demographic insights, track brand mentions, and improve SEO rankings.