If your credit underwriting software pulls bureau data, runs scoring models, or stores KYC records, it needs changes before DPDP takes full effect. And the work should start now rather than closer to the deadline. Finezza works with lenders running exactly this stack, and underwriting software touches nearly every category of data the Digital Personal […]
How Credit Underwriting Software Reduces MSME Defaults
Credit underwriting software reduces MSME defaults by replacing static, backwards-looking credit inputs with current financial data, bank statements, Goods and Services Tax Network (GSTN) filings, and multi-bureau queries that reveal a borrower’s actual repayment capacity at the point of origination. Platforms like Finezza integrate these data sources into a single assessment workflow, applying consistent scoring […]
Hybrid Credit Underwriting: Blending Bureau Data with Cash Flow Projections
A CIBIL score of 780 looks excellent on paper. It tells you the borrower paid every EMI on time, kept utilisation below 35%, and never had a write-off. What it doesn’t tell you is that the borrower lost a major client eight months ago, has been drawing down savings to service existing obligations, and is […]
Alternative Credit Scoring in India: Financial Inclusion Guide
Financial inclusion has emerged as a significant opportunity for lenders in India. As of December 2024, World Bank data estimated that India’s credit-eligible population, comprising consumers aged 18 to 80, stood at approximately 1,036 million. However, only 27%, or approximately 277 million consumers, utilised formal credit facilities. Approximately 451 million Indians have limited or no […]
Behavioural Scoring: A Smarter Way to Assess Credit Risk
Behavioural scoring lets lenders assess a borrower’s creditworthiness using non-traditional signals, like spending habits, digital activity, and credit utilisation, alongside standard credit history. It fills a gap traditional scoring can’t: assessing borrowers who don’t have enough credit history for a standard score to mean much. This matters because a large share of India’s population still […]
AI-Powered Credit Underwriting: The Four-Step Approach
The adoption of AI in the credit underwriting process is expected to be one of the most significant changes in the lending sector over the coming decade. The technology spend on AI systems in the lending sector, for instance, is expected to increase from $11.7 billion in 2021 to $27.7 billion in 2025. One of […]