FinWhaleX
FinWhaleX
Jul 30 · 2 min read

In our previous posts, we have already mentioned FWX scoring technology. Today we would like to tell about it in details.

FWX scoring technology — is able to quickly and reliably manage the process of verifying the identity of new borrowers (KYC) and assessing their creditworthiness. This is a universal tool for collecting and processing data of a potential borrower.

It uses connection to databases of credit bureaus, government organizations, social networks, and monitors behavioral factors.

FWX Scoring technology allows to fully automate the collection of data on the borrower, to carry out deduplication and consolidation update its profile data when re-applying, using the widest list of data sources. Internal technology capable of managing the risks of each loan and assign a unique scoring range to borrowers with the ability to interact with third-party scoring companies.

Thus, the system of assessing the creditworthiness of the borrower is created on the basis of the collected various characteristics of the client: income, age, profession, marital status, etc. As a result of the analysis of factors, an integrated indicator is calculated, which gives an idea of the degree of creditworthiness of the borrower, based on the during the score analysis. And in the end, depending on scoring, we get a decision on the loan and its options, or the refusal of the loan.

Why can FWX scoring technology be trusted?
It’s simple: the system does not allow one-sided assessment of the degree of creditworthiness of the borrower, as often happens in banks, and then followed by refusal. FWX scoring technology — allows you to give an objective assessment, because a huge amount of information is used.

Read more about the project: https://finwhalex.com

FinWhaleX_platform

FinWhaleX P2P crypto-fiat credit platform

FinWhaleX

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FinWhaleX

FinWhaleX is a P2P credit platform that provides access to loans anywhere and at any time based on blockchain technology, machine learning and Big Data.

FinWhaleX_platform

FinWhaleX P2P crypto-fiat credit platform

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