US-based Fintech firm Harvest is reportedly planning to transform the existing credit scoring systems. Like many other Fintechs, Harvest will be using artificial intelligence (AI) and machine learning (ML) algorithms to offer clients a dynamic view of their financial profile. This should help people with creating their financial wellness plans. It will also assist them with making informed decisions throughout the lifetime of any loans they decide to take out. Harvest's PRO Index (PariFi Rating & Opportunity Index) takes into consideration many different factors along with a client's credit score so that individuals and businesses are able to make better assessments and decisions related to managing their finances. The Harvest index uses advanced AI and machine learning algorithms to create a holistic or thorough financial plan for each client based on their credit score, income level, and spending habits.

Like many other Fintechs, Harvest will be using artificial intelligence (AI) and machine learning (ML) algorithms to offer clients a dynamic view of their …