FICO and Plaid launched a credit score that uses real-time cash flow data. The new score, an update of FICO’s (Fair Isaac Corp.) UltraFICO Score, will rely on traditional data compiled by FICO and augmented by cash flow data collected by Plaid, according to a...
For members of Generation Z, it’s becoming harder and harder to maintain good credit. That age group saw the steepest drop in credit health this year, The New York Times reported Saturday (Oct. 18), citing data from FICO’s Credit Insights Report. According to the report,...
FICO has introduced a program that lets mortgage lenders bypass working with credit bureaus. With the FICO Mortgage Direct License Program, tri-merge resellers — mortgage specialists — can now calculate and distribute FICO Scores directly to their customers, eliminating reliance on the three credit bureaus. The program...
FICO introduced a tool designed to help companies combat artificial intelligence hallucinations. The FICO Foundation Model for Financial Services (FICO FFM) is designed to help financial services firms derive “sustained value” from generative AI models, the company said in a news release Tuesday (Sept. 23)....
May 28, 2025
The FICO score is arguably shorthand for creditworthiness — a triple-digit number that helps determine mortgages and all manner of debt that’s extended to applicants, and at what interest rate. The Fair Isaac Corporation’s FICO scores are the output of a broad range of data inputs, tied to payment history and debt loads carried by […]
July 06, 2021
“How much cash you have and how you use your cash is really an important data point that can be used to assess someone’s creditworthiness.” In an age where half...
June 17, 2021
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 work in a world on...
June 03, 2020
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. In an interview with Karen Webster,...
March 24, 2026
U.S. Sen. Josh Hawley says he plans to investigate FICO’s mortgage pricing practices. The Missouri Republican announced Monday (March 26) that he was looking into the credit scoring company’s recent price hikes, and that he wants the Federal Trade Commission (FTC) to do the same. “These price increases are most damaging to the Americans who […]
November 20, 2025
FICO and Plaid launched a credit score that uses real-time cash flow data. The new score, an update of FICO’s (Fair Isaac Corp.) UltraFICO Score, will rely on traditional data...
October 19, 2025
For members of Generation Z, it’s becoming harder and harder to maintain good credit. That age group saw the steepest drop in credit health this year, The New York Times...
October 02, 2025
FICO has introduced a program that lets mortgage lenders bypass working with credit bureaus. With the FICO Mortgage Direct License Program, tri-merge resellers — mortgage specialists — can now calculate and distribute...
