Sree Vijaykumar |
From the Editor's Desk The mobile phone gives us an opportunity to include the billions of people in the informal economy into the economy of trust. Today they have no formal credit history, no formal transaction record and are hence not credit-worthy. As Shivani Siroya of Tala says in this 8 minute TED talk, a simple credit score based on mobile phone data points like number of regular conversations and location regularity can help include billions of people into the formal credit economy. These people can avail loans, build their small businesses and increase their savings. More TED talks on the economy of trust here Advertisers of the day On behalf of SAP India: Get GST-Ready in just a few weeks shivkhera.com: Optimize Performance and Move Up to the Next Level : Programs by Mr. Shiv Khera Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails (B2B Decision-Makers, B2C Decision-Makers, TradeBriefs Premium). |