How Fintech Is Rebuilding Credit Scoring From Scratch

Episode 19 of Fintech Conversations with Fexingo: Banking, Payments, and Financial Software Companies. Lucas and Luna dive into the quiet revolution in credit scoring—moving beyond the FICO score that hasn't changed in decades. They explore how fintechs like Petal, Tala, and Upstart are using cash flow data, utility payments, and machine learning to extend credit to the 50 million Americans with thin files. The hosts break down why traditional scores miss reliable borrowers, how alternative data cuts defaults by 30 percent at some lenders, and whether the Consumer Financial Protection Bureau will force incumbents to adopt these models. A concrete look at how the risk underwriting engine of modern banking is being rebuilt from the ground up. #Fintech #CreditScoring #AlternativeData #FICO #Petal #Tala #Upstart #CashFlowUnderwriting #MachineLearning #ConsumerFinance #CFPB #CreditInclusion #ThinFile #RiskModeling #OpenBanking #LendingTech #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo