TOKYO -- Japanese convenience store operator FamilyMart has started a mobile lending service that uses customers' purchase histories to help determine their creditworthiness in a bid for growth beyond retail.
Convenience store chain crunches borrowers' purchase histories to help set interest rates

Customers can apply for loans through the FamiPay app around the clock, with no need for a co-signer or collateral.
TOKYO -- Japanese convenience store operator FamilyMart has started a mobile lending service that uses customers' purchase histories to help determine their creditworthiness in a bid for growth beyond retail.