News for hackers. Stuff that matters.

A comment on Max Levchin’s Affirm Raises $275M to Make Loans.

Re:Max Levchin’s Affirm Raises $275M to Make Loans by walterbell on Wednesday May 06, 2015 @07:59PM (#9502534)
The article claims that credit assessment is partially based on "..behavioral factors like how long he or she takes to remember all that information..". Is data entry latency being used as a proxy for human memory latency?
[ Parent | on HN ]
Re:Max Levchin’s Affirm Raises $275M to Make Loans by grandalf on Wednesday May 06, 2015 @08:36PM (#9502681)
It's just kitchen sink AI applied to as much data as possible, and two plays: 1) a trustworthy lender that doesn't short-term maximize, and 2) in some cases a better rate due to the AI's data-driven prediction.
[ Parent | on HN ]