Is the rise of alternative data making credit bureaus obsolete? Not quite…

Tianxiao Fang

Tianxiao Fang (Luke) is the Data and Analytical Lead at the forum. His responsibilities include tracking, providing, and forecasting weekly profit and loss (P&L), offering technical support for the customer relationship management (CRM) system, and analyzing and generating statistics and reports on the forum’s impact, events, and awards.

Is the rise of alternative data making credit bureaus obsolete? Not quite…

Mar 13, 2025

As digitalization accelerates, the use of alternative data should be seen as a complement rather than a threat to the traditional global credit bureau industry. A new blog by IFC - International Finance Corporation’s Collen Masunda - (FCCA, CDFA, RPAC, Fulbright Fellow) explains that leveraging alternative data can significantly enhance access to credit for underserved individuals and micro, small, and medium enterprises (#MSMEs).

Learn more about how integrating alternative data could boost financial inclusion and economic growth: https://lnkd.in/e4C-cVX3

This work is supported by the SECO Economic Cooperation and Development under the IFC Global Financial Infrastructure Program.