True Balance scores every loan application with AI, using alternative data
According to a September 8 report, True Balance scores all of its loan applications with AI and uses alternative data, such as FASTag activity, beyond credit bureau data.
Who is affected and how
- banking professional
- Including alternative data can sharpen the assessment of customers without credit bureau profiles.
Sources
- True Balance scores 100% of loan applications with AI, looks beyond credit bureaus to curb defaults - The Economic Timeseconomictimes.indiatimes.com · Sep 8, 2026
- Digital lending platform True Balance now runs every loan application through AI-driven scoring systems, while retaining human review for around one in 10 cases. The lender combines conventional credit bureau scores with … | The Economic Timeslinkedin.com · Sep 9, 2026
- How AI Is Transforming Digital Lending Beyond Automationmytectra.com · Sep 10, 2026
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