Experian’s recent research has shown that the corona crisis is continuing to have a negative impact on the financial situation of businesses. Traditional credit risk models are under pressure since historical data does not provide us with up to date information on the financials of businesses.
The fast-changing environment we are in asks for real-time data to complement existing data and credit risk models. Web data has proven to be a solid solution in solving this challenge.
Read the report here to learn more about the current situation and how web data can manage credit risk more effectively.
Did you miss the research report from earlier this year (July 2020)? You can catch up here.