Bank-internal credit scores existed since 1965 at Citibank... Then some Citibank employees formed their own company, FICO, to sell scores to banks without data or computing power to do so
Another way to think about this is that those projects that have a more structured approach to documentation have a better chance at lasting longer, attracting more contributors, and making more lasting impacts
Bank-internal credit scores existed since 1965 at Citibank... Then some Citibank employees formed their own company, FICO, to sell scores to banks without data or computing power to do so