Search Results

No results found.

(refine search)
SORT BY: PREVIOUS / NEXT
Keywords:Alternative Data 

Working Paper
The Roles of Alternative Data and Machine Learning in Fintech Lending: Evidence from the LendingClub Consumer Platform

Supersedes Working Paper 17-17. Fintech has been playing an increasing role in shaping financial and banking landscapes. There have been concerns about the use of alternative data sources by fintech lenders and the impact on financial inclusion. We compare loans made by a large fintech lender and similar loans that were originated through traditional banking channels. Specifically, we use account-level data from LendingClub and Y-14M data reported by bank holding companies with total assets of $50 billion or more. We find a high correlation with interest rate spreads, LendingClub rating ...
Working Papers , Paper 18-15

FILTER BY Series

FILTER BY Content Type

FILTER BY Author

FILTER BY Jel Classification

G18 1 items

G21 1 items

G28 1 items

L21 1 items

FILTER BY Keywords

Alternative Data 1 items

Fintech 1 items

LendingClub 1 items

Marketplace Lending 1 items

P2P Lending 1 items

Peer-to-peer Lending 1 items

show more (2)

PREVIOUS / NEXT