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Banksalad, Sogang University study MyData-based alternative credit scoring

Banksalad is working with Sogang University to analyse the relationship between consumer spending patterns and individual credit risk using MyData, and to develop an alternative credit scoring model based on the findings. The study used about 200,000 card payment records and Banksalad\'s consumption category framework. The company plans to develop the \'Banksalad Score\' with HonestAI and Korea Credit Bureau and pursue commercial use in the financial sector.