FICO

JANUARY 3, 2017

Chief among your interests were analytic innovation, credit risk, regulatory compliance, customer experience and mobile payments. Here’s a recap of our top 10 most popular posts published in 2016: US Credit Quality Rising … The Beat Goes On – Ethan Dornhelm shares FICO research showing how US consumer credit quality continues to climb.

Posting 53

Posting AML Money Laundering Regulatory Compliance 53

Finovate

JANUARY 28, 2025

Abrigo , a compliance, credit risk, and lending solutions provider for financial institutions, has acquired Integrated Financial Solutions (IFS). This includes transaction structuring and pricing through application processing, credit decisioning, documentation, billing, collection, and remarketing. Terms were not disclosed.

Acquirers 52

Acquirers Fraud Detection Origination Automation 52

FICO

JANUARY 7, 2020

The average FICO® Score ticked up to 706 in 2019, and the blog post where we covered the news continues to be one of the most popular posts on the FICO blog. We also looked at trends in credit scores and addressed whether FICO® Scores are artificially inflated. Read the full post. Read the full post. by FICO.

Posting 52

Posting Innovation AI Risk 52

FICO

SEPTEMBER 28, 2017

One partnership that may surprise some people is with EFL Global , a leading alternative credit scoring company. The EFL score uses psychometrics and behavioral data to measure a person’s credit risk based on an applicant’s answers to a series of interactive questions and exercises administered via an online assessment.

Credit Risk 74

Credit Risk Assessments Online and Mobile Banking Risk 74

PYMNTS

JULY 8, 2020

Fighting Fraud in a Post-Pandemic World. The two executives said acquirers need to have better fraud management solutions than ever before, because the pandemic has prompted consumers to use credit cards for more online and app-based transactions. AI Also Helps Manage Credit Risk.

Visa 109

Visa AI Credit Risk Risk 109

Finovate

DECEMBER 19, 2023

Liquidnet will leverage bondIT’s Scorable Credit Analytics to help traders better anticipate market trends. The technology will also help them mitigate credit risk and make more informed decisions quicker. Embedded is bondIT’s end-to-end, integrated portfolio construction, research, and trading solution.

AI 104

AI Research Credit Risk Mitigation 104

FICO

JANUARY 31, 2019

FICO's research team explored this topic in a new paper, “Developing Transparent Credit Risk Scorecards More Effectively: An Explainable Artificial Intelligence Approach”. Research into AI and Machine Learning for Credit Scoring. To learn more, see these recent blog posts.

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Research AI Federal Reserve Credit Risk 40

FICO

JANUARY 27, 2022

Managing risk and improving the customer experience during a pandemic presented credit professionals with new sets of challenges. Here are extracts from those posts. The Impact of Covid-19 on Credit Card Payments . Read the full post: The Impact of Covid-19 on Credit Card Payments .

Posting 52

Posting Payment APIs and Integration Non-Bank On-Demand 52

FICO

FEBRUARY 7, 2023

Home Blog FICO Top 5 Scores Posts of 2022: Steady FICO Score, BNPL and Alternative Data 2022 marked the first year in over a decade the average FICO Score did not increase, while the industry’s attention remained on topics such as alternative data and BNPL. Read the full post 2. Read the full post 3. Read the full post 4.

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BNPL Posting Underwriting Consumer 52

The Fintech Times

APRIL 15, 2024

. “AI’s contribution extends to intelligent underwriting, where it enables the creation of sophisticated risk profiles by analysing a wide range of data, including non-traditional indicators that might be overlooked in manual processes. ” The post How Has AI Impacted the Embedded Finance Space in Recent Years?

Embedded Finance 134

Embedded Finance AI Finance Assessments 134

FICO

APRIL 6, 2018

How are advances in artificial intelligence and machine learning changing credit risk assessment? On Tuesday, April 17, 1:30-2:30, my colleague Ethan Dornhelm and I will show that machine learning offers tremendous efficiencies for research “in the lab”. Join me at this session on Thursday, April 19, 10:15-11:15.

Credit Risk 89

Credit Risk Risk Assessment Risk AI 89

FICO

JANUARY 8, 2019

Here are the five posts with the most views. credit quality. Read the full post. This blog by Ethan Dornhelm looked at FICO's research project to see just how much predictive lift unconstrained, state-of-the-art machine learning techniques might bring to the FICO® Score. Read the full post. Read the full post.

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Compliance Posting Risk Risk Assessment 40

FICO

FEBRUARY 12, 2023

Home Blog FICO Top 5 Customer Development Posts of 2022: Digital Banking and Pricing Opti The most popular posts in our Customer Development category dealt with digital banking, optimizing credit line increases, loan pricing and machine learning for credit risk models. Read the full customer development post 2.

Posting 52

Posting Online and Mobile Banking Credit Limit Risk 52

FICO

JANUARY 11, 2023

Top 5 Decision Management Posts of 2022: AI and Digital Jane. The promise of AI and FICO Platform dominated the top posts of 2022 in the Decision Management category. The promise of AI and FICO Platform dominated the top posts of 2022 in the Decision Management category. Here are the top 5 posts from 2022. Saxon Shirley.

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AI Posting Audit Government 52

CB Insights

APRIL 22, 2020

The government has backstopped these loans so that lenders can take on minimal credit risk; however, alt lenders carry existing credit risk from non-government-backed SMB loans — and the longer the economy remains on pause, the higher the likelihood these alternative lenders will suffer increased losses resulting from existing borrower defaults.

FinTech 87

FinTech Processors Government Governance 87

FICO

JUNE 2, 2023

At FICO, we have been on the frontlines of this challenge for decades, working tirelessly to identify sources of safe and reliable alternative data to enhance the risk prediction of our scores, including our industry-leading FICO® Scores, such as the UltraFICO™ Score. More than 200 million U.S.

Credit Risk 52

Credit Risk Financial Inclusion Risk Assessment Assessments 52

FICO

SEPTEMBER 13, 2017

The National Consumer Assistance Plan (NCAP) is a comprehensive series of initiatives intended to evaluate the accuracy of credit reports, the process of dealing with credit information, and consumer transparency. The post NCAP Medical Collection Removals are Rare and Have No Material Impact to FICO® Scores appeared first on FICO.

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Assessments Credit Risk Consumer Risk 74

PYMNTS

OCTOBER 7, 2016

Plati Potom develops post-payment solutions for eCommerce and offline retailers, as well as data analysis and credit risk management tools. QIWI announced on Thursday (Oct. 6) it has acquired a 100 percent ownership stake in FinTech startup Plati Potom.

Cross-Border 55

Cross-Border Credit Risk Risk Management Acquirers 55

FICO

FEBRUARY 25, 2019

After a 2018 that had its highs and lows, what might 2019 have in store from a credit risk management standpoint? Here are three key developments in credit scoring that we will be keeping an eye on in the new year: Consumer-Contributed Data Takes Center Stage. revolver vs. transactor).

Credit Risk 63

Credit Risk Underwriting Origination Fed 63

FICO

JANUARY 10, 2017

The “innovation” VantageScore claims can score more people is simply the weakening of credit score criteria. The minimum criteria needed to produce the FICO Score aren’t arbitrary — they are the result of decades of research into risk assessment. In a previous post , I pointed out that our research showed around 7.4

Research 81

Research Consumer Risk Assessment Risk 81

FICO

MAY 7, 2018

Some of the top thought leaders in banking, finance, artificial intelligence, machine learning, and credit risk came together in San Francisco to discuss the key trends and innovations in our industry. A key driver of successful financial inclusion is the ability for lenders to effectively gauge the risk of an underserved consumer.

Financial Inclusion 77

Financial Inclusion Innovation Credit Risk Underserved 77

FICO

APRIL 12, 2023

And while some of our clients’ business lines benefit from the very latest innovations, others such as mortgage continue to find that older versions of the FICO® Score – even some that were first developed decades ago – meet their needs for credit risk assessment. in management science/operations research from UC San Diego.

Credit Risk 52

Credit Risk Risk Assessment Assessments B2C 52

FICO

JANUARY 9, 2019

Here were the top 5 posts in the Analytics & Optimization category last year. Read the full post. The models are then deployed to live a happy life scoring credit risk and fraud likelihood, finding pictures of Chihuahuas and muffins , or flagging insulting tweets. Read the full post. Read the full post.

Posting 40

Posting AI Fraud Detection Non-Bank 40

FICO

JANUARY 11, 2017

New FICO research shows that not this not the case. As a data scientist from FICO’s Scores organization, I feel it’s important to remind our blog readers that collection information on a credit bureau report has consistently been found to be a strong indicator of increased credit risk.

Consumer 67

Consumer CFPB Research Non-Bank 67

CB Insights

DECEMBER 10, 2020

Below, we take a look at how tech companies are unbundling Bank of America’s front office, from consumer deposits and payments to equity research and business credit cards. . This has provided an opportunity for other research providers to gain market share among banking clients. . Category breakdown . Consumer payments.

Credit Cards 101

Credit Cards Advisors Venmo Small Business 101

FICO

FEBRUARY 28, 2017

In my last blog post , I shared a new FICO research study on credit trends in auto lending. This shift may signal an increase in credit risk for the industry because six-year loans have historically had higher delinquency rates. The post Auto Loan Credit Quality: Hazardous Road Conditions Ahead?

Underwriting 56

Underwriting Credit Risk Risk Accounts 56

FICO

JUNE 30, 2023

What the FICO Score is not designed to do is provide a specific, fixed estimate of credit risk; we know from tracking the scores over three-plus decades that the relationship between the FICO Score and consumers’ likelihood of loan repayment can and does shift over time and across economic and financial cycles. and Canada.

Underwriting 52

Underwriting Credit Risk Mitigation Risk 52

FICO

SEPTEMBER 27, 2021

In our previous blog post I examined the shifting regulatory landscape, recent changes in bank overdraft program changes, and what’s next with regulations on overdraft. In this, my second post on overdraft, I will explore new approaches banks should consider. post grace period). Consider the following setting.

Credit Risk 52

Credit Risk BNPL Credit Cards Assessments 52

FICO

AUGUST 29, 2022

Regardless of this uncertainty, FICO’s mission is clear: to help lenders understand the credit risk that each borrower represents and make better-informed lending decisions and to educate and empower consumers. in management science/operations research from UC San Diego. See all Posts. Related posts. Average U.S.

Consumer 98

Consumer Credit Cards Payments Government 98

FICO

OCTOBER 20, 2022

How can lenders build, manage, and secure credit portfolios in today’s uncertain market environment? A panel of credit risk experts discussed this question at length during a FICO® World 2022 session entitled “Resilient Credit Lifecycle Strategies are the New Norm.” . Building resilience into credit portfolios.

Credit Risk 52

Credit Risk Assessments Risk Risk Management 52

FICO

OCTOBER 20, 2022

How can lenders build, manage, and secure credit portfolios in today’s uncertain market environment? A panel of credit risk experts discussed this question at length during a FICO® World 2022 session entitled “Resilient Credit Lifecycle Strategies are the New Norm.” . Building resilience into credit portfolios.

Credit Risk 52

Credit Risk Assessments Risk Risk Management 52

FICO

MAY 10, 2017

There has been much discussion and several studies over the years regarding the potential value of leveraging rental data in assessing consumer credit risk. Which raises the question: Should rental data be widely reported to the three primary consumer credit agencies (CRAs)? appeared first on FICO.

Regulatory Compliance 72

Regulatory Compliance Volume Consumer Compliance 72

The Fintech Times

JUNE 22, 2024

According to Juniper Research , BNPL users are expected to reach 900 million worldwide by 2027. The post Apple Takes a Step Back From Traditional Finances as It Announces Closure of Apple Pay Later appeared first on The Fintech Times. ” Why get involved?

BNPL 72

BNPL Finance Alternative Payment Methods Payment Gateways 72

The Fintech Times

APRIL 3, 2024

According to recent the latest Juniper Research report , the global embedded finance market currently boasts a total transaction value of around $92billion. ” The post What Should We Expect to See From Embedded Finance in 2024? appeared first on The Fintech Times.

Embedded Finance 126

Embedded Finance Finance Non-Bank Online and Mobile Banking 126

CB Insights

AUGUST 25, 2022

As digital lending services continue to gain traction, lenders are prioritizing technology solutions for automated underwriting, fraud prevention, loan application, and credit risk analysis. Want the full expert post? download the STATE OF FINTECH Q2 2022 report. hbspt.forms.create({. onFormReady: function ($form) {.

Origination 36

Origination Automation Underwriting Fraud Prevention 36

FICO

MAY 8, 2019

“The FICO tool has allowed the risk and business intelligence teams to create a targeted approach to auto approval rules management, as evidenced by a year-over-year increase,” said Brandon Hunt, director of credit risk at Worldpay. “By The 2018 judges are: Sid Dash, research director at Chartis Research.

Underwriting 51

Underwriting Best Practices Risk Rules 51

FICO

JULY 18, 2022

Machine Learning is simply another analytic technique; one that can help produce highly predictive credit scores which must also be explainable, with two important caveats: . The use of Machine Learning must be balanced with deep domain expertise in credit risk modeling. See all Posts. Related posts. Can Arkali.

AI 52

AI Financial Inclusion Fraud Detection CFPB 52