Fintech Legal

5: Revolutionising Credit Scoring with Credit Kudos

September 19th, 2019  •  38 mins 25 secs  •  Download (35.2 MB)  •  Link with Timestamp

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Credit Kudos is credit bureau challenger. Credit Kudos has introduced a whole new model – instead of a credit score built up from a series of random interactions, Credit Kudos uses open banking to get (consent based) access to a would-be borrower’s financial history, and calculates a credit score from that hard data. In this episode we talk to Freddy Kelly, co-founder of Credit Kudos, and talk about how the business go started, getting the required authorisations, liaising with the FCA, GDPR issues, the advantages of consented data, machine learning and much more.