Credit Ratings news and trends

FICO’s New Scoring Algorithm Promises Big Swings In Consumer Scores
Consumer Finance // January 23, 2020

Might the rising tide of debt slow to a trickle? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...

Fitch: AML Shortcomings Impact Bank Credit Ratings
Security & Fraud // May 10, 2019

As part of a broader look at environmental, social and governance factors on credit scores, Fitch Group Inc. noted that shortcomings in financial crimes and anti-money laundering (AML) controls are more likely to impact the credit rating of a bank than non-financial factors. Categories examined...

Debt Collection, Done Digitally?
Regulation // May 07, 2019

Unlimited texting? Perhaps. Nights and weekends – well, maybe not. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...

Companies Opting For Term Loans To Slash Debt Loads
B2B Payments // February 25, 2019

In an attempt to slash debt and avoid a downgrade in their credit ratings, some U.S. companies are opting for term loans. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Quick Reads
FCA Calls for Credit Rating Reform

November 22, 2022
The U.K.’s Financial Conduct Authority (FCA) is calling for a reformation of the way credit rating agencies (CRA) in the country operate and are governed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, […]

Fitch: AML Shortcomings Impact Bank Credit Ratings

May 10, 2019
As part of a broader look at environmental, social and governance factors on credit scores, Fitch Group Inc. noted that shortcomings in financial crimes and anti-money laundering (AML) controls are...

EU Watchdog Regulates Use Of Foreign Credit Ratings

November 20, 2017
In the European Union, use of credit ratings that have their genesis outside the EU is about to get a little more stringent. Reuters reported that rating agencies operating “outside...

Quant Taps JPMorgan, Morgan Stanley For U.S. IPO

August 30, 2017
Quant, a FinTech that has backing from movie stars in China, has tapped JPMorgan Chase & Co. and Morgan Stanley to serve as advisors to its initial public offering in...