Trade Ledger, Equifax partner to transform SME credit scoring

The CIF is part of the RBS Alternative Remedies Package, designed to improve the financial products and services available to small and medium enterprises in the UK. Trade Ledger’s loan origination and servicing technology has been built to aggregate, store, and transform structured data directly from common SME applications to facilitate digital credit products. It also combines transaction data from banks and credit history data from credit bureaus, such as Equifax to help underwrite risk.