Hello,

I need a newempirical research written on this topic:Singapore based startup Lenddo uses battery life to determine credit scores

Here are the details and guidelines that must be followed below:

The project is an empirical research that requires to: 1) conduct independent research on a specific current topic in international finance; 2) analyze the data; 3) report on the findings and 4) summarize lessons learned about international finance from this project.

The final report must include: 1) an overview of the topic as described in the press, etc; 2) preliminary hypotheses that you are planning to test; 3) a sample of the data that will be used; and 4) a list of references (articles and data sources) used up to this point. 5) the data analysis; 6) a summary of the findings; and 7) a summary of lessons learned about international finance from doing this project. You are encouraged to use tables and figures in the report.

There is no specified length to the report, but I would recommend a maximum of 20 and minimum of 10 single-spaced pages plus appendices, tables, references (12 minimum) and figures. The report must be done using APA format. It should be carefully proof-read.

I have attached a proposal I made to get you started.

Thank you!!

Proposal for Individual Project: Singapore based startup Lenddo uses battery life to determine credit scores Millions of middle class people around the world find themselves in a bind when trying to access credit, whether it is to buy a home, car or getting approved for credit card. Even though they have a good job with steady income they still can't access credit because usually because of a lack of credit history. That's where Lenddo steps in. Lenddo is a technology company based in Singapore that developed its patented technology of Credit Scoring and Identity verification based on 4 years of actual online lending experience. A majority of these middle class consumers carry a smartphone, are online and connected through social networks, leaving behind a digital footprint that can be analyzed to better understand who they are and their attitudes toward credit. Lenddo's vision is to \"Improve financial inclusion for at least 1 billion people around the world using Credit Scoring and Social Verification based on non-traditional data.\" Lenddo chairman and founder Jeff Stewart said the company is already helping dozens of banks analyze data from millions of smartphones globally. The 5-year-old firm's software platform analyzes thousands of data points, everything from a smartphone user's messaging and browsing activity, to the apps and Wi-Fi network they use. Factors like the cellular towers a phone pings are examined, too. How does all this coincide with credit scores? Online social and mobile behavior are very predictive. For instance, in messaging there are elements in foreign language that are used and the length of your message that track behavioral patterns. While the battery level doesn't matter too much in real time, the company looks at how that changes over a specific duration can convey how consistent someone is and how much they plan ahead. Lenddo puts the data points into a complex proprietary algorithm, which computes how likely someone will default on a loan. Lenders then decide the default rate they want to accept. Lenddo's technology has helped banks make millions of dollars in loans since launching globally in January of 2015. But its program is primarily used by lenders in emerging markets, such as Asia, Africa and Latin America. Most people in those regions don't have traditional bank accounts or credit cards but access to a smartphone is increasingly greater. The trend of using smartphone data to make financial decisions is expanding in other categories, too. Lenddo is already helping companies like Globe and Indosat, two telecommunications networks in the Philipines and Indonesia, become lenders. References About Lenddo | Learn More. (2016) King, H. (2016, August 24). This startup uses battery life to determine credit scores