Last week, the SEC asked to speak with us. The SEC has been very active recently, issuing numerous subpoenas. Interestingly, we are not conducting an ICO, presale or SAFT. Instead, we support companies who are, providing Know Your Customer (KYC) support, sometimes called AML/KYC.
Online lenders have built their business using new underwriting and credit scoring algorithms that use alternative data sources to complement or even replace traditional data sources. However, these demographics don’t typically have the same rich records as other customer groups. That makes it harder to understand who they are and harder still to determine their potential risk. What […]