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Understanding the Different Types of Credit Risk

Finezza

Credit risk continues to remain one of the areas of concern for a majority of traditional and new-age lenders. Additionally, new-age lenders often cater to underserved or high-risk segments, increasing the […] The post Understanding the Different Types of Credit Risk appeared first on Finezza Blog.

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A New Way to Score Credit Risk – Psychometric Assessments

FICO

The scoring methodology was developed by EFL Global and marketed by FICO as part of our FICO Financial Inclusion Initiative , designed to open up credit markets around the world to a larger number of unbanked and underserved consumers. The post A New Way to Score Credit Risk – Psychometric Assessments appeared first on FICO.

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Behavioral Scoring: The Smart Approach to Line of Credit Risk Management

Finezza

In 2022, around 160 million people in India were credit-underserved. One reason for this is the overreliance on traditional scoring models, which typically consider parameters such as payment history, debt-to-income ratio, and length of credit.

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Behavioral Scoring: The Smart Approach to Line of Credit Risk Management

Finezza

In 2022, around 160 million people in India were credit-underserved. One reason for this is the overreliance on traditional scoring models, which typically consider parameters such as payment history, debt-to-income ratio, and length of credit.

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Can Agentic AI in Fintech Transform Financial Services Through Autonomous Intelligence?

Fintech News

In fintech, this means AI systems that dynamically manage credit risk, automate trading decisions, and even preemptively block fraud, all without human intervention.

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Home Credit China Cuts Risk by 25 Percent on Thin File Loans

FICO

Home Credit , a global non-bank consumer lender, has successfully reduced its credit risk while maintaining loan volumes and keeping approval rates steady by incorporating the FICO® Score X Data to optimize its loan process in China. They are one of our most sophisticated clients in terms of advanced analytics.”. by FICO.

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Bridging The Financial Inclusion Gap, Via Incubator

PYMNTS

In an effort to bridge what is increasingly being known as the “inclusion gap” for minorities, Visa is finding promise in supporting products for financial inclusion in the credit union and community bank portfolio. To hurdle the financial gap that exists for these underserved populations in North America.