| Mobile Web

Toss, PFCT team up to advance alternative credit scoring for lenders\' loan screening

Viva Republica, operator of Toss, will work with PFCT to develop lender-tailored credit scoring models using alternative credit information. The jointly developed models will be supplied to financial companies through PFCT’s lending tech solution and used in actual loan screening. Toss and PFCT said they signed a strategic memorandum of understanding to advance credit scoring models. Toss will provide data and consulting, while PFCT will apply and support the models via Airpack.