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We will continue to assess the UK's sovereign creditworthiness with reference to the resilience of its economic growth prospects and its public finances as the domestic political situation develops and Brexit talks begin.
The move, which equated Japan's creditworthiness with that of Italy, the lowest among the Group of 7 major economies, dealt a blow to the fiscal overhaul program of Prime Minister Junichiro Koizumi by making Japan's immense debts more expensive and burdensome.
WeLab can respond to applications almost instantly by assessing creditworthiness with data gathered from online sources, including bill payment records and social media profiles, with its proprietary technology, which it also licenses to banks and telecoms.
"The broader economic impact of the card will be felt as the previously unbanked and under-banked are able to gain access to the mainstream economy and the visibility of their assets allows them to build a financial history and establish creditworthiness with financial institutions".
Kabbage checks sellers' creditworthiness with this information, but it also analyzes their sales on online marketplaces, how they interact with customers on Facebook and Twitter and their record of shipping products with UPS.
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Moody's, which appears to be farthest along in its plans, is hiring 10 people whose job will be to assist the company's analysts in evaluating creditworthiness, starting with companies that carry large amounts of debt or that have potential accounting issues already identified by the agency, Mr. Jonas said.
Standard & Poor's downgraded the nation's creditworthiness to AA, with a negative outlook.
A Paytm banking affiliate is exploring how to offer loans too small to interest a normal bank, with creditworthiness assessed by examining a borrower's transactions on the service.
Competition in the business means that margins will be reduced, and the creditworthiness of counterparties with them, leading to bigger losses.Banks' urge to take on ever more risk reached its zenith in the mid- to late 1990s, and especially after the 1998 crisis, when the capital markets dried up and banks stepped in.
Although politicians often like to use fiscal stimulus to boost the election-year economy, these countries are going in the opposite direction: trying to signal their creditworthiness to investors with austere budget policies that make it more likely these countries will repay debts.
They've been used to assess the creditworthiness of consumers with little or no traditional credit history, including those in developing countries.
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