big data driven social profiling for credit scoring
TRANSCRIPT
Big Data Driven Social Profiling for Credit Scoring
http://infinitumdb.comhttp://[email protected]
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Tweet your questions using #bcw (BlobCity Webinar)Tweet your experience to @blobcity, @infinitumdb.
Special thanks to
Our Partner : Jeffrey Robinson
CEO at Internet Advisory Corp
Venture Capitalist
Acknowledgments
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Mr. Raj Dhyani B Tech, MMS, CISA, PMPDirector of BI & Analytics at BlobCity
Mr. Raj Dhyani uses his varied experience of 25+ years to uncover hidden patterns between business information and target parameter which is driven using analysis of big data. He is a 1984 B Tech from IIT Bombay and a management graduate in Finance from JBIMS, with over 10+ years experience in hedge funds and finance space.
email : [email protected]
LinkedIn: https://in.linkedin.com/in/raj-dhyani-1605226
Brief About the Speaker
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Infrastructure for Real-time workloads
Big Data Analytics &Data Management Company
Overview
Data intensive operational and analytical system
BlobCity: Infinitum DB:
Intelligent data storage & processing platform
Scalable & Flexible
In-memory computing
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From click-stream to mouse-stream analytics for real-time hyper
personalisation of eCommerce portals
Real-Time Analytics Platform
Analytics for Machine
Consumption
1sec to detect ATM fraud across250 rules
Drones for gas pipeline / electrical cable monitoring
Inter-car communication with central repository of road conditions
billions of records
< 200 ms 2
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Current Banking & Payment Landscape
Digital wallets gainpopularity
Govt. push for financial inclusion
India largest offline p2p lending
market
eCommerce sites gaining traction
Current
By Tomorrow till 2017
31.6cr mobile internet users
India will have 11 payment Banks
Partner with existing lenders
Online & Offline platforms for P2P lending
Credits easily offered by e-commerce
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Every smart phone a bank Account
To Summarise
Credit Market in
2017
31cr Bank accounts
KYC of accounts
Credit appraisal of
31crore customers (market size)
Transaction size small requiring smarter
solutions
eCommerce stores likely to jump into credit
market, adding to complexity and competition
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Hurdles to Get credit
You are who you say you are & you are indeed a
good person
What do lending companies/persons want to know
Good means who will repay the borrowed
money!
Bank network not available
High level of bureaucracy and lot of paperwork
Lack of availability of data for credit appraisal
The solution may be social listening for credit score & ……(analytics).
Same job for 2 years
Employer reference to allocate loan
Loan repayment to be guaranteed
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How can better credit empower the society
Make credit accessible to more number of people
Stimulate economic growth
Take people out of poverty
Encourage digital payments & borrowings
Reduce the parallel cash economy
Reduce transaction overheads
Protect poor from money-lenders/ un-organised credit
Provide micro credit to farmers, small businesses
Increase ecommerce
Credit to consumers and suppliers
More business leading to better economic growth
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What is the solution: Big Data
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Processing social data fast enough needs Big Data systems
Data collected from twitter in 5 min is equal to 800MB
Facebook generates 2.7B Likes & shares 300 million photos
everyday
Process both structured & unstructured data
Capture employment details, personal preference and
influence
Understand moods, sentiments, reachability by
crunching text data
Why Infinitum?
FB LinkedIn Instagram
Curate Content from Multiple Networks
Standardise Data for Analytics
Storage in Memory for Low-Latency Analytics
Analytical Models Executed as Stored Procedures
Employment StatusInfluence 11
Demo of Social Scoring
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Download slides of this webinar
Ask for a demo / customised solution
Attend trainings on InfinitumDB
Download the InfinitumDB software
Call for consultation on your big data projects
Attend next webinar for more on Big data
If you have any questions please ask it NOW in Q&A tab
Call to action
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Q&A
Tweet your questions with #bcw tag
(#BlobCity Webinar)
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Thanks
Information on Webinars: [email protected] Contact for Infinitum: [email protected]
Company Website: http://blobcity.comProduct Website: http://infinitumdb.com
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