The Application of Alternative Data in Credit Scoring

Xuanrui Zhang ()
Additional contact information
Xuanrui Zhang: University of Minnesota, College of Liberal Arts

A chapter in Proceedings of the International Workshop on Navigating the Digital Business Frontier for Sustainable Financial Innovation (ICDEBA 2024), 2025, pp 789-794 from Springer

Abstract: Abstract This paper mainly combs the ideas and methods of various researches on the application of alternative data in credit scoring and classifies, summarizes and summarizes the research results, so as to provide more comprehensive information for the current researches on this subject and clearer research direction in the future. Using the literature review method, this paper mainly summarizes the relevant researches on the application of alternative data in credit scoring into three aspects: Application of digital footprint, Application of telecommunications data source, and Assessing credit through social networks data, and the important role and feasibility of alternative data in credit scoring. In addition, by sorting out relevant literature, the advantages and disadvantages of each study and the model itself are found, hoping to provide scholars with a more comprehensive understanding of this topic, and provide ideas and research directions for subsequent research by pointing out the shortcomings of current research and application.

Keywords: Alternative data; Credit score; Digital footprint (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-652-9_84

Ordering information: This item can be ordered from
http://www.springer.com/9789464636529

DOI: 10.2991/978-94-6463-652-9_84

Access Statistics for this chapter

More chapters in Advances in Economics, Business and Management Research from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().