Philippines-based Neobank Tonik has signed a partnership agreement with alternative credit rating firm FinScore.
Tonik wants to help under-banked Filipinos. As part of the collaboration, FinScore’s Telco Data Credit Scoring System will be integrated into Tonik’s digital banking platform.
According to FinScore, the system can access more than 400 data points, including voice usage, top-up patterns and data usage.
Tonik will use the data provided by the solution to …