The Data Analytics Blog

Our news and views relating to Data Analytics, Big Data, Machine Learning, and the world of Credit.

Thomas Maydon

Thomas Maydon

Thomas Maydon is the Head of Credit Solutions at Principa. With over 17 years of experience in the Southern African, West African and Middle Eastern retail credit markets, Tom has primarily been involved in consulting, analytics, credit bureau and predictive modelling services. He has experience in all aspects of the credit life cycle (in multiple industries) including intelligent prospecting, originations, strategy simulation, affordability analysis, behavioural modelling, pricing analysis, collections processes, and provisions (including Basel II) and profitability calculations.

Recent Posts:

Solving the Credit Unaware Challenge with Psychometrics

At Principa, we engage with clients and organisations across the entire credit lifecycle and track the focus of the South African credit industry. For nearly ten years the focus has consistently been in the collection space, but recently (since early 2021) this has changed and a large number of our clients are focused on acquisitions and originations.

The Pros and Cons of a Multi-Bureau Strategy in Credit

Although not a new concept, very few lending organisations have deployed a true multi-bureau strategy (MBS). It is however talked about fairly regularly, but often dismissed as “too hard” or “not important enough”. So why should you consider a multi-bureau strategy? What are the key considerations? How do you go about deploying a MBS? This blog hopes to address all these questions.

What is a credit scorecard?

A scorecard is a mathematical model that is used to predict a certain outcome. In credit this might be the probability of default. The information used in a scorecard can vary, but common fields include demographic characteristics (e.g. age of applicant, number of dependants, time spent in current job) and credit bureau data (e.g. number of personal loans registered to applicant, worst arrears status on all accounts in the last 6 months).

The often-overlooked tech. in digital credit originations

With the large drive in account origination towards digitisation and automation, in our experience much focus has been on bedding down omni-channel capability. But the real unsung hero of an originations’ project is the API hub. In this blog I unpack API hubs and APIs available in originations. 

DecisionSmart-powered mortgage advisor App wins an international award

DecisionSmart decision engine drives innovative App that assists Saudi nationals  with home ownership.

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