Our Credit Scoring research report provides a detailed assessment of how credit scoring is ensuring that businesses have a concise analysis on customers, by obtaining a credit report which looks into credit history and credit risk. Alternative credit scoring methods are able to boost financial inclusion, especially in emerging markets with unbanked and underbanked populations, as they assess alternative data variables instead of the typical payment history and instances of late payments.
The report provides a segment analysis, alongside a comprehensive future market outlook for the biggest segments within the credit scoring market. The segment analysis in the report focuses on the following segments:
• Consumer Credit Scoring
• Business Credit Scoring
• Alternative Credit Scoring
• Open Banking and Credit Scoring
• AI and Credit Scoring
In addition, this report covers market opportunities; providing strategic insights into the development of new technologies and key drivers. The report also positions 18 vendors across our Juniper Research Competitor Leaderboard; focusing on credit scoring for businesses and consumers. This provides an invaluable resource for a broad range of stakeholders, including financial institutions, credit bureaus and credit scoring providers seeking to understand the competitive landscape in the market.
The research suite also contains a detailed dataset; providing forecasts for 60 countries across a wide range of different metrics. This includes the number of consumers accessing their credit score on a subscription and ad hoc basis, total spend on consumer credit scoring, the total number of businesses accessing credit scoring services for both consumer credit scores and business credit scores. These metrics are also split by subscription and ad hoc access models.
This research suite comprises:
• Market Trends & Strategies (PDF)
• Competitor Leaderboard (PDF)
• Data & Forecasts (PDF & Excel)
• 12 Months' Access to harvest Online Data Platform
Key Features
Market Landscape: A strategic analysis of the major drivers, challenges, and innovations shaping the adoption and development of credit scoring solutions, including the following:
Detailed analysis of the future evolution of the market and challenges to further growth.
Future strategic direction and market outlook for credit scoring services.
Key drivers for credit scoring vendors, including how credit scoring is improving financial inclusion and the benefits of credit scoring services.
Segment Analysis: An analysis of the key sectors within credit scoring, these include consumer credit rating business credit scoring, alternative credit scoring, Open Banking and credit scoring, and AI and credit scoring, followed by main action points outlining our view on the future outlook of the key segments; providing actionable insights.
Benchmark Industry Forecasts: Includes forecasts for the total number of credit scoring users split by businesses and consumers, total spend on credit scoring split by consumers and businesses, as well as on a subscription and ad hoc basis. This data is split by across our 8 key forecast regions and 60 countries.
Please note: the online download version of this report is for a global site license.
- 1. Key Takeaways & Strategic Recommendations
- 1.1 Key Takeaways for Credit Scoring
- 1.2 Strategic Recommendations
- 2. Market Landscape
- 2.1 Introduction
- 2.1.1 Definitions and Scope
- Figure 2.1: Representation of the FICO Credit Score in the US
- i. Credit Scoring
- ii. Credit Bureaus
- iii. Alternative Credit Scoring
- 2.2 Key Drivers & Trends
- 2.2.2 Key Challenges
- 3. Segment Analysis
- 3.1 Introduction
- 3.2 Consumer Credit Scoring
- 3.3 Business Credit Scoring
- 3.4 Alternative Credit Scoring
- 3.5 Open Banking and Credit Scoring
- 3.6 AI and Credit Scoring
- 4. Juniper Research Credit Scoring Competitor Leaderboards
- 4.1 Why Read This Report
- Table 4.1: Juniper Research Competitor Leaderboard – Credit Scoring Vendors
- Figure 4.2: Juniper Research Leaderboard: Credit Scoring
- Table 4.3: Juniper Research Leaderboard: Credit Scoring Vendors & Positioning
- Table 4.4: Heatmap Displaying Scores for Credit Scoring Vendors (Part 1)
- Table 4.5: Heatmap Displaying Scores for Credit Scoring Vendors (Part 2)
- 4.2 Vendor Profiles
- 4.2.1 ClearScore
- i. Corporate
- ii. Geographical Spread
- iii. Key Clients & Strategic Partnerships
- iv. High-level View of Offerings
- v. Juniper Research’s View: Strategic Recommendations & Key Opportunities
- 4.2.2 Credibble
- i. Corporate
- ii. Geographical Spread
- iii. Key Clients & Strategic Partnerships
- iv. High-level View of Offerings
- v. Juniper Research’s View: Strategic Recommendations & Key Opportunities
- 4.2.3 Credit Karma
- i. Corporate
- Table 4.6: Credit Karma Funding Rounds
- ii. Geographical Spread
- iii. Key Clients & Strategic Partnerships
- iv. High-level View of Offerings
- v. Juniper Research’s View: Strategic Recommendations & Key Opportunities
- 4.2.4 Credit Passport
- i. Corporate
- ii. Geographical Spread
- iii. Key Clients & Strategic Partnerships
- iv. High-level View of Offerings
- v. Juniper Research Strategic Recommendations & Key Opportunities
- 4.2.5 Credit Reference Center for the People’s Bank of China
- i. Corporate
- ii. Geographical Spread
- iii. Key Clients & Strategic Partnerships
- iv. High-level View of Offerings
- v. Juniper Research’s View: Strategic Recommendations & Key Opportunities
- 4.2.6 Creditinfo
- i. Corporate
- ii. Geographical Spread
- iii. Key Clients & Strategic Partnerships
- iv. High-level View of Offerings
- v. Juniper Research’s View: Strategic Recommendations & Key Opportunities
- 4.2.7 CreditRegistry
- i. Corporate
- ii. Geographical Spread
- iii. Key Clients & Strategic Partnerships
- iv. High-level View of Offerings
- v. Juniper Research’s View: Strategic Recommendations & Key Opportunities
- 4.2.8 Creditsafe
- i. Corporate
- Table 4.7: Creditsafe’s Financial Performance ($m), 2019-
- ii. Geographical Spread
- iii. Key Clients & Strategic Partnerships
- iv. High-level View of Offerings
- v. Juniper Research’s View: Strategic Recommendations & Key Opportunities
- 4.2.9 CTOS
- i. Corporate
- ii. Geographical Spread
- iii. Key Clients and Strategic Partnerships
- iv. High-level View of Offerings
- v. Juniper Research’s View: Strategic Recommendations & Key Opportunities
- 4.2.10 Dun & Bradstreet
- i. Corporate
- Table 4.8: Dun & Bradstreet’s Financial Snapshot ($m), 2020-
- ii. Geographical Spread
- iii. Key Clients & Strategic Partnerships
- iv. High-level View of Offerings
- v. Juniper Research’s View: Strategic Recommendations & Key Opportunities
- 4.2.11 Equifax
- i. Corporate
- Table 4.9: Equifax’s Financial Snapshot ($m), 2019-
- ii. Geographical Spread
- iii. Key Clients & Strategic Partnerships
- iv. High-level View of Offerings
- v. Juniper Research’s View: Strategic Recommendations & Key Opportunities
- 4.2.12 Experian
- i. Corporate
- Table 4.10: Experian’s Financial Snapshot ($m), 2020-
- ii. Geographical Spread
- iii. Key Clients & Strategic Partnerships
- iv. High-level View of Offerings
- v. Juniper Research’s View: Strategic Recommendations & Key Opportunities
- 4.2.13 FICO
- i. Corporate
- Table 4.11: FICO’s Financial Snapshot ($m), 2019-
- ii. Geographical Spread
- iii. Key Clients & Strategic Partnerships
- iv. High-level View of Offerings
- Figure 4.12: FICO Platform Architecture
- v. Juniper Research’s View: Strategic Recommendations & Key Opportunities
- 4.2.14 illion
- i. Corporate
- ii. Geographical Spread
- iii. Key Clients & Strategic Partnerships
- iv. High-level View of Offerings
- v. Juniper Research’s View: Strategic Recommendations & Key Opportunities
- 4.2.15 Risk Monster
- i. Corporate
- ii. Geographical Spread
- iii. Key Clients & Strategic Partnerships
- iv. High-level View of Offerings
- v. Juniper Research’s View: Strategic Recommendations & Key Opportunities
- 4.2.16 Teikoku DataBank
- i. Corporate
- ii. Geographical Spread
- iii. Key Clients & Strategic Partnerships
- iv. High-level View of Offerings
- v. Juniper Research’s View: Strategic Recommendations & Key Opportunities
- 4.2.17 TransUnion
- i. Corporate
- Table 4.13: TransUnion’s Financial Snapshot ($m), 2019-
- ii. Geographical Spread
- iii. Key Clients & Strategic Partnerships
- iv. High-level View of Offerings
- v. Juniper Research’s View: Strategic Recommendations & Key Opportunities
- 4.2.18 VantageScore
- i. Corporate
- ii. Geographical Spread
- iii. Key Clients & Strategic Partnerships
- iv. High-level View of Offerings
- v. Juniper Research’s View: Strategic Recommendations & Key Opportunities
- 4.3 Juniper Research Leaderboard Assessment Methodology
- 4.4 Limitations & Interpretations
- Table 4.14: Juniper Research’s Competitor Leaderboard Scoring Criteria: Credit Scoring
- 5. Market Forecasts
- 5.1 Introduction
- 5.1.1 Business Credit Scoring Forecast Methodology
- 5.1.2 Consumer Credit Scoring Forecast Methodology
- Figure 5.1: Business Credit Scoring Methodology
- 5.2 Market Forecasts Summary
- 5.2.1 Total Spend on Credit Scoring
- Figure & Table 5.2: Total Spend on Credit Scoring ($m), Split by 8 Regions, 2023-
- Figure 5.3: Total Spend on Credit Scoring ($m), Split by Business and Consumer, 2023-
- 5.2.2 Total Number of Businesses Obtaining a Business Credit Score
- Figure & Table 5.4: Total Number of Businesses Obtaining a Business Credit Score (m), Split by 8 Regions, 2023-
- 5.3 Consumer Credit Scoring
- 5.3.1 Total Spend on Consumer Credit Scoring
- Figure & Table 5.5: Total Consumer Spend on Credit Scoring ($m), Split by 8 Key Regions, 2023-
- 5.3.2 Total Number of People Obtaining a Credit Score
- Figure & Table 5.6: Total Number of Subscriber to Credit Scoring Services (m), Split by 8 Key Regions, 2023-
- Table 5.7: Total Number of People Obtaining a Credit Score (m), Split by Subscription and ad hoc, 2023-
- 5.4 Business Credit Scoring
- 5.4.1 Total Spend on Business Credit Scoring
- Figure & Table 5.8: Total Business Spend on Credit Scoring ($m), Split by 8 Key Regions, 2023-
- Table 5.9: Total Business Spend on Credit Scoring ($m), Split by Consumer and Business Credit Scoring, 2023-
- 5.4.2 Total Number of Businesses Obtaining a Business Credit Score
- Figure & Table 5.10: Total Number of Businesses Obtaining a Business Credit Score (m), Split by 8 Key Regions, 2023-
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