FICO

Inflated Credit Scores Put Lenders At Risk
Inflated Credit Scores Put Lenders At Risk
April 08, 2019  |  Loans

Goldman Sachs and Moody’s Analytics are warning that credit scores of consumers have been inflated during the past ten years, hiding the danger of defaults...

READ MORE >
FICO, Equifax To Sell Consumer Data To Banks
FICO, Equifax To Sell Consumer Data To Banks
March 27, 2019  |  Partnerships / Acquisitions

FICO and Equifax announced Wednesday (March 27) the launch of the Data Decisions Cloud, a data and analytics suite of products. In a press release,...

READ MORE >
FICO Targets Data With New Fraud, AI Patents
FICO Targets Data With New Fraud, AI Patents
January 08, 2019  |  B2B Payments

Credit data company FICO has secured five new patents related to fraud, artificial intelligence and analytics technologies, according to StreetInsider reports on Monday (Jan. 7)....

READ MORE >
AltFin’s Bumpy Ride Into An Uncertain 2019
AltFin’s Bumpy Ride Into An Uncertain 2019
December 28, 2018  |  Alternative Finances

“It was the best of times, it was the worst of times…” -Charles Dickens, A Tale of Two Cities Charles Dickens’ famous starter to A...

READ MORE >
How The New FICO Will Change The Credit Landscape For Borrowers
How The New FICO Will Change The Credit Landscape For Borrowers
October 24, 2018  |  Consumer Finance

After years of focusing nearly entirely on a consumer’s payment history, FICO has announced that as of 2019 it will be rolling out a new...

READ MORE >
FICO To Debut New Credit Scoring System In 2019
FICO To Debut New Credit Scoring System In 2019
October 22, 2018  |  Consumer Finance

Fair Isaac, creator of the FICO credit score, will be rolling out a new scoring system in early 2019. According to the Wall Street Journal,...

READ MORE >
US Credit Scores Soar To 704, But Debt Looms
US Credit Scores Soar To 704, But Debt Looms
September 25, 2018  |  Debt

New data shows that as U.S. credit scores hit their highest point since the Great Recession, Americans are also borrowing more than ever. According to...

READ MORE >
Discover Rolls Out New Business Credit Card
Discover Rolls Out New Business Credit Card
September 13, 2018  |  B2B Payments

Discover is adding to its suite of commercial card products. Its newest offering, the Discover It Business credit card, was announced in a press release...

READ MORE >
Can Alternative Data Move The Dial For Financial Inclusion?
Can Alternative Data Move The Dial For Financial Inclusion?
May 29, 2018  |  Alternative Finances

In the early 1950s, an engineer named William Fair encountered a mathematician Earl Isaac who together decided to work out an automated credit scoring system...

READ MORE >