FICO

Trusting Machines To Trust The Right Credit Applicants
Trusting Machines To Trust The Right Credit Applicants
April 11, 2018  |  Loans

Back in the olden days – circa 1950 and before – a customer who wanted a loan would walk into a bank and sit across...

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Can AI Kill The FICO Score?
Can AI Kill The FICO Score?
April 10, 2018  |  Loans

Just as SAT scores don’t convey everything about a student, FICO scores don’t convey everything about a loan applicant. They can be one valuable piece...

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The Many Paths For Aiding And Abetting Access
The Many Paths For Aiding And Abetting Access
April 05, 2018  |  Today In Data

The key to success is often access to the right thing at the right time. That might be salary, which is why tilr is so...

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FHFA Pushes Back New Credit Score Model For 2019
FHFA Pushes Back New Credit Score Model For 2019
March 30, 2018  |  Consumer Finance

The Federal Housing Finance Agency (FHFA) won’t be launching its new credit score model until at least 2019. According to American Banker, the annual progress...

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Equifax Names Warburg Pincus Executive Its New CEO
Equifax Names Warburg Pincus Executive Its New CEO
March 28, 2018  |  Personnel

Equifax, the credit scoring company still reeling from a massive data breach last fall, announced news on Wednesday (March 28) that its board of directors...

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LendingPoint Unveils Retail Financing Platform
LendingPoint Unveils Retail Financing Platform
March 07, 2018  |  Loans

To help merchants and other service providers convert more consumers at the point of sale, LendingPoint has unveiled LendingPoint Merchant Solutions, a platform that will provide...

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ATM Debit Card Fraud Hit 10 Percent In 2017
ATM Debit Card Fraud Hit 10 Percent In 2017
March 06, 2018  |  Security & Fraud

A new report has revealed that there was a 10 percent increase in the number of payment cards compromised at U.S. ATMs and merchants in...

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Petal Launches No-Fee Credit Card For Those With No Credit Score
Petal Launches No-Fee Credit Card For Those With No Credit Score
January 11, 2018  |  Fintech Investments

In a new financing round led by Valar Ventures, Petal raised $13 million in its mission to make credit cards accessible to those without a good...

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FICO Monopoly On Mortgage Lending Threatened
FICO Monopoly On Mortgage Lending Threatened
January 02, 2018  |  Alternative Finances

A change in how potential mortgage borrowers are assessed may be on the horizon. Soon, FICO may not be the only game in town.  The...

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