# On the Rise of FinTechs: Credit Scoring Using Digital Footprints

“On the Rise of FinTechs: Credit Scoring Using Digital Footprints” (2019), by Tobias Berg et al. Business and Management research paper. Original abstract below, unchanged. No free PDF was found.

- Authors: Tobias Berg, Valentin Burg, Ana Gombović, Manju Puri
- Published: August 28, 2019
- Field: Business and Management
- DOI: https://doi.org/10.1093/rfs/hhz099
- Source: https://doi.org/10.1093/rfs/hhz099

## Abstract

We analyze the information content of a digital footprint—that is, information that users leave online simply by accessing or registering on a Web site—for predicting consumer default. We show that even simple, easily accessible variables from a digital footprint match the information content of credit bureau scores. A digital footprint complements rather than substitutes for credit bureau information and affects access to credit and reduces default rates. We discuss the implications for financial intermediaries’ business models, access to credit for the unbanked, and the behavior of consumers, firms, and regulators in the digital sphere. (JEL G20, G21, G29)

Canonical page: https://nerdi.pages.dev/paper/W3021074122
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