Report

Advan Foot-Traffic Data: Finding the Diamonds in the Pandemic Rough

Foot-traffic data can help lenders identify where people visit, dwell, and spend money despite pandemic conditions.
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Boston, November 5, 2020 Among the many things made profoundly difficult by the COVID-19 pandemic is the tricky business of lending money to businesses. Of primary importance is identifying the borrowers most at risk as a result of the pandemic as well as those that are thriving despite—or because of—the pandemic. By examining foot-traffic data, decision-makers at business-lending financial institutions can begin inferring which businesses in the economy are benefiting the most, which are harmed the most, which can improvise the most, and which can improvise or adjust the least.

This report discusses a set of tools for delineating where in the economy credit risks are emerging, where opportunities have arisen, and how the states of both have changed over time.

Clients of Aite Group’s Wholesale Banking & Payments service can download this 10-page Impact Brief. To learn more about the topic covered in this Impact Brief, please contact us at [email protected].

This report mentions Advan.

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