Aire is completing proof-of-concept trials on an online platform that lenders offering unsecured loans and credit cards can use to mitigate the problem of thin credit files — those that lack sufficient information about the applicant to generate an automated risk score from an established credit bureau. The platform uses a proprietary algorithm that leverages artificial intelligence focused on behavior, specifically the intent of an applicant applying for credit. Instead of rejecting consumers who apply online, lenders direct the applicants with thin files to Aire where they receive a virtua...