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a16z Podcast: Fintech for the People

a16z Podcast

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Navigating Lending Challenges and Innovations

This chapter explores the hurdles faced by lending institutions in assessing borrowers without traditional credit scores, emphasizing innovative approaches like employment verification and alternative data use. It examines the balance between regulatory frameworks and the adoption of machine learning, alongside strategies for building trust among lower-income consumers. The discussion also sheds light on the evolution of financial services in emerging markets and the potential for app-based solutions to meet the needs of a digitally savvy audience.

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