Technowe Unveils Risk Based Credit Scoring Model 'Taraz' at Elecomp 1405

Fintech company Technowe unveiled a new credit scoring model called Taraz ("Balance") at the Elecomp 1405 technology exhibition, according to Ecoiran, reported Tuesday, 10 Shahrivar 1405 (September 1, 2026). Unlike conventional models that assign each user a single fixed credit score, Taraz uses statistical and machine learning methods to estimate the probability of default for each individual credit request, based on the specific amount and credit limit sought. Per the report, a lack of credit history does not by itself lead to automatic rejection under the model; such users instead go through a supplementary evaluation process. The collateral required from each user is set according to their individual risk profile and is held in the user's digital wallet until the loan is repaid in full. Technowe said the model's output is only a default probability estimate and must be combined with the company's own credit policy to reach a final lending decision.