The International Journal of Financial Systems
Vol. 3 No. 1 (2025)

Implementing Innovative Credit Scoring (ICS) for Credit Risk Assessment and Loan Origination

Supriadi, Iman (Unknown)
Maghfiroh, Rahma Ulfa (Unknown)
Abadi, Rukhul (Unknown)

Article Info

Publish Date
20 Aug 2025

Abstract

This research aims to analyze the implementation of Innovative Credit Scoring (ICS) in the financial industry through case studies of banks and fintech startups. This research uses a qualitative approach with case studies as the primary research design. The results show that ICS can improve process efficiency, scoring accuracy, and inclusiveness of credit access. ICS has significant practical implications, including improved efficiency, more accurate risk assessment, and more inclusive access to credit. Recommendations include cooperation with technology companies, regulatory oversight, attention to ethical aspects and algorithm bias, and developing a validation framework.

Copyrights © 2025




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Journal Info
The International Journal of Financial Systems
Website

Abbrev

ijfs

Publisher

Otoritas Jasa Keuangan

Subject

Economics, Econometrics & Finance

Description

Financial systems form the backbone of modern economies, comprising a complex network of institutions, markets, regulations, and instruments that facilitate the efficient allocation of resources, risk management, and economic growth. Given the increasingly interconnected nature of our global ...