Wednesday, April 24, 2024
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credit score

BSP pushes use of alternative data, including from social media, for credit scoring

The Bangko Sentral ng Pilipinas (BSP) has also reminded banks and e-wallet providers to enhance their surveillance and monitoring measures to deter digital vote-buying and selling schemes in relation to the upcoming elections in May 2022.

Credit score info applications rise during pandemic

Inquiries and requests for credit score information increased significantly during the pandemic as more people apply for loans to help them cope with the crisis.
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