The value of big data for credit scoring: Enhancing financial inclusion using mobile phone data and social network analytics

María Óskarsdóttir, Cristián Bravo, Carlos Sarraute, Jan Vanthienen, Bart Baesens

Abstract: Highlights•A novel approach for credit scoring using mobile phone data and social networks.•Implies enhanced financial inclusion in the context of positive credit information.•Incorporating mobile phone data increases statistical performance.•The best model in terms of profit includes only calling behavior features.•Individual calling behavior is most predictive of creditworthiness.