Excerpt from Kevin103 post above that is the most relevant for IOU as they DO have a way to check all this for the underbanked or unbanked- that is one of their BIG advantages in the market
--------------------------------------------------------
Perhaps the trickiest challenge is screening people who apply for credit. It has to be done fast. There are sweet spots to hit, as you want to include users who might not qualify for credit cards but are good risks nonetheless. Further, in a relatively greenfield market such as Southeast Asia, conventional screening gets tough. As noted, most countries don’t have credit bureaus generating US-style FICO scores. Many people have scant credit profiles anyway; many are unbanked or only recently banked.
-----------------------------------------------------------
- Forums
- ASX - By Stock
- $1 Club
Excerpt from Kevin103 post above that is the most relevant for...
-
- There are more pages in this discussion • 19,208 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OVT (ASX) to my watchlist
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.090M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $34 | 8.375K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 231625 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 7455914 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 231625 | 0.004 |
41 | 23339379 | 0.003 |
10 | 14955000 | 0.002 |
9 | 24649999 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 7455914 | 16 |
0.006 | 3048638 | 8 |
0.007 | 1853165 | 6 |
0.008 | 1685714 | 4 |
0.009 | 1100000 | 2 |
Last trade - 10.06am 11/09/2024 (20 minute delay) ? |
Featured News
OVT (ASX) Chart |