In an effort to keep credit flowing amid uncertain economic conditions, FICO has unveiled its FICO Resilience Index. The tool is meant to complement the FICO...
Amid the pandemic, banks have “frozen” at least $150 billion of loans – equating to about 5 percent of their consumer portfolios. The question becomes: What...
Cross-border consumer credit startup Nova Credit has raised $50 million in Series B equity financing, according to a Wednesday (Feb. 12) release. Get the Full Story...
Chinese tech titans Alibaba and Tencent are spurning the government’s private credit-scoring protocol by restricting access to customer data, The Financial Times reported on Thursday...
Indonesian peer-to-peer lending platform JULO is closing its Series A2 funding round with $15 million raised, after extending its initial $5 million Series A funding...
Lawmakers grilled the heads of Equifax, Experian and TransUnion, calling the credit reporting a “broken” system — and new legislation introduced this week has some...
Traditional credit-scoring models have not had it easy in the court of public opinion over the last few years. The complaints vary in their specifics, but...
Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the latest international plans from Amazon and...