FICO

Avant CEO: Near-Prime Consumers Aren’t As Risky As Incomplete Data Suggests
Avant CEO: Near-Prime Consumers Aren’t As Risky As Incomplete Data Suggests
June 17, 2021  |  Risk Management

The last 16 or so months has triggered a full reset of almost every part of consumers’ lives, as they were forced to rewire themselves to...

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NY Fed Paves Way For Non-FICO Credit Scoring Models
NY Fed Paves Way For Non-FICO Credit Scoring Models
May 26, 2021  |  Consumer Finance

Given that the ways in which we pay are changing, the ways we carry debt are changing, and the very profile of the consumer is...

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Today In Digital-First Banking: PSCU Collaborates With FICO On Fraud Alert Tool; BMO Begins Business Banking Team To Support SMBs
Today In Digital-First Banking: PSCU Collaborates With FICO On Fraud Alert Tool; BMO Begins Business...
October 29, 2020  |  Digital-First Banking

In today’s top news in digital-first banking, credit union service organization (CUSO) PSCU is teaming with FICO Customer Communications Services on a fraud alert tool, while...

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PSCU, FICO Partner To Bring Fraud Alert Tool To Credit Unions 
PSCU, FICO Partner To Bring Fraud Alert Tool To Credit Unions 
October 28, 2020  |  Credit Unions

PSCU, the credit union service organization (CUSO), is teaming up with FICO Customer Communications Services (CCS) to develop a fraud alert tool for credit unions...

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US Consumers’ FICO Score Hits Highest Since 2005
US Consumers’ FICO Score Hits Highest Since 2005
October 18, 2020  |  Economy

The COVID-19 pandemic has produced one ray of sunshine amid otherwise devastatingly dark clouds: Consumer credit scores have improved in recent months to the point...

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FICO’s Resilience Index Predicts Borrowers’ Risk During Economic Uncertainty
FICO’s Resilience Index Predicts Borrowers’ Risk During Economic Uncertainty
June 29, 2020  |  Consumer Finance

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...

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FIS, FICO Take Aim At Dirty Money With New AML Product
FIS, FICO Take Aim At Dirty Money With New AML Product
June 25, 2020  |  AML

Financial software and technology giant FIS is teaming up with credit scoring company FICO to roll out a new anti-money laundering (AML) platform as concerns...

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CUs Eyeing Member Risk Must Look Beyond FICO Scores
CUs Eyeing Member Risk Must Look Beyond FICO Scores
June 03, 2020  |  Credit Unions

There are tough economies, and then there is the existential grappling, for consumers and small businesses alike, that is the hallmark of the COVID-19 pandemic. Get...

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Credit Bureaus Aim To Bulk Up Files For Borrowers With Little Credit History By Using Rent-Payment Data
Credit Bureaus Aim To Bulk Up Files For Borrowers With Little Credit History By Using...
March 06, 2020  |  Banking

Credit bureaus are aiming to thicken up the “thin” credit files of borrowers who have too little credit history to qualify for loans using the...

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