Yohanes Arts Abimanyu Explains the Role of Credit Scores for Digital Banks in an Interview on KompasTV

Direct lending will be one of the services offered by a number of digital banks this year. In an interview with Kompas TV, Yohanes Arts Abimanyu—commonly known as Abi—CEO of PEFINDO’s IdScore Credit Bureau, explained that one of the key principles in extending credit to the public is innovation in credit analysis, specifically the use of credit scores.

According to Abi, credit scores greatly assist digital banks in analyzing loan applications from prospective borrowers and enable instant decision-making. Thus, credit scores simplify operations for digital banks from a business perspective. Prospective borrowers can also benefit from this by ensuring their credit scores remain in good standing so that loan applications proceed as planned.

https://www.youtube.com/watch?v=CJilZl7JIZI