FICO

JANUARY 4, 2018

What were some of the most interesting risk analytics topics last year? Judging from the views on the FICO Blog, risk professionals are keenly interested in new ways to approach risk analytics. A New Way to Score Credit Risk – Psychometric Assessments. Using Alternative Data in Credit Risk Modelling.

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FICO

DECEMBER 8, 2022

Addressing Portfolio Risk in Economic Uncertainty: Part 4 (2022). Building portfolio risk resilience into Collections & Recovery. Properly managed and strategized, the debt collections process can be an effective customer service asset and anti-attrition tool, in addition to being its classic role in portfolio risk management.

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FICO

DECEMBER 8, 2022

Addressing Portfolio Risk in Economic Uncertainty: Part 2 (2022). Building portfolio risk resilience into customer acquisition. FICO® Scores, often an important contributor to underwriting risk management strategies, are designed to provide valuable risk rank-ordering through all economic cycles. FICO Admin.

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FICO

JULY 30, 2019

Credit risk? Also, is there a clear and agreed fraud risk appetite that has exec sponsorship and is agreed by all stakeholders? Follow my posts on this blog for more information on telecom fraud prevention. Mel has held credit risk management positions at EE, Orange and Bank of America.

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FICO

APRIL 24, 2023

Trust Bank is setting a precedent for financial services by onboarding an individual and delivering a credit card to them digitally on their phone within four minutes, creating a seamless digital onboarding process for new customers. Applicable regulations on lending are also implemented via this solution. “We

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FICO

MAY 19, 2023

In total, Prosper extended more than USD $225M in credit access to these consumers. Prosper also proactively mitigates credit risk and meets the increasing credit demand for creditworthy customers based on their monthly updated FICO® Scores. You can read more about this story in the full media release.

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FICO

JUNE 1, 2023

Tools at myFICO.com are also available to help consumers track their credit usage and FICO® Score. If you are a Risk Manager, you should be reviewing lending strategies to ensure customers are receiving the right treatment across the lifecycle and getting the help that is needed if debts cannot be fulfilled.

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FICO

MARCH 21, 2023

Like in years past, we also surveyed SFVegas 2023 attendees on the overall economic climate and how they use credit scores to support securitization risk management. Investors and other secondary market participants want a credit score that is predictive of credit risk and proven over time.

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FICO

APRIL 29, 2016

“Success comes from a thoughtful combination of long term strategy and short term delivery,” said Ivan Cavinato, head of credit risk management at Unicredit. Our business case was based on increasing revenue, reducing operating cost and improving risk cost,” said Ivan Cavinato, head of credit risk management at Unicredit.

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FICO

JANUARY 10, 2017

In fact, more than 65% of this population have not seen an update to their credit file in over 48 months. They don’t get a FICO® Score because of this long absence — information over 4 years old no longer reflects a person’s current credit risk. More detail and can be found in Figure 1.

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FICO

FEBRUARY 21, 2023

Risk Managers should be reviewing lending strategies to ensure customers are receiving the right treatments across the lifecycle and getting the help that is needed if debts cannot be fulfilled. Leanne Marshall Leanne Marshall is a Senior Strategy Consultant with FICO Advisors for North American Credit Risk Lifecycle Practice.

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FICO

JANUARY 15, 2021

The FICO Blog posts last year reflected that – we wrote about everything from the impact on collections, proactive lender communications with consumers, issues with fraud, and of course, how FICO® Scores were impacted. We hope that what readers learned helped instill confidence in keeping credit flowing during uncertain times.

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FICO

MARCH 15, 2018

You can read about the scorecard approximations of the stochastic gradient boosted trees methodology and results in my blog on building credit risk models using AI and ML. Growing your business while managing risk – that’s the laser-like value proposition FICO origination scores offer.

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FICO

JANUARY 19, 2023

Here are my three predictions for risk management and customer treatment in 2023. How credit and debit card spending and borrowing are changing over time. See all Posts chevron_left Blog Home expand_less Back To Top Related posts Four 2023 U.S. Doug is a banking veteran with over 20 years of experience.

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FICO

MAY 5, 2022

What what’s less known is that its data scientists have applied the same innovative thinking to solutions around the credit risk cycle and how transactional analytics can be used. Read this blog on How Transactional Analytics for SME Lending Drive Greater Value. by Peter Ould.

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FICO

OCTOBER 1, 2022

FICO Safe Driving Score Measures Driver Risk. To help make roads safer, FICO launched the FICO® Safe Driving Score in 2016 in partnership with eDriving, a Solera company and global risk management leader emphasizing proper education and reinforcement of safe driving behaviors. chevron_left Blog Home. FICO Admin.

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FICO

NOVEMBER 22, 2018

FICO analysts regularly monitor these scores to ensure that the models are providing the high degree of accuracy in risk assessment that is expected of FICO products. This regular monitoring also enables FICO analysts to identify any developing credit risk trends occurring in the Russian market.

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FICO

FEBRUARY 12, 2023

Home Blog FICO Top 5 Customer Development Posts of 2022: Digital Banking and Pricing Opti The most popular posts in our Customer Development category dealt with digital banking, optimizing credit line increases, loan pricing and machine learning for credit risk models. There’s nothing wrong with making it fun!

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FICO

JULY 5, 2023

billion, according to CFCA’s 2021 Fraud Loss Survey Report. Fraud management roles expand, exposing siloed data and processes to fraud Back-office inefficiency and siloed systems are contributing to rising fraud losses. Sales and marketing, credit risk, fraud and collections are frequently operating different systems.

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FICO

DECEMBER 4, 2019

The Persistent Debt regulations have been in place for 15 months, and the impact on card trends will be discussed in a future blog. . The data sample comes from client reports generated by the FICO® TRIAD® Customer Manager solution in use by some 80% of UK card issuers.

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FICO

OCTOBER 20, 2022

FICO® Resilience Index: Resilient Credit Lifecycle Strategies Are a Requirement. Director of Product Management, Scores. How can lenders build, manage, and secure credit portfolios in today’s uncertain market environment? Building resilience into credit portfolios. asokolowski@speednet.pl. Fri, 06/03/2022 - 12:24.

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FICO

OCTOBER 20, 2022

FICO® Resilience Index: Resilient Credit Lifecycle Strategies Are a Requirement. Director of Product Management, Scores. How can lenders build, manage, and secure credit portfolios in today’s uncertain market environment? Building resilience into credit portfolios. asokolowski@speednet.pl. Fri, 06/03/2022 - 12:24.

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FICO

OCTOBER 28, 2022

FICO Score 10, Most Predictive Credit Score in Canadian Market. FICO Score credit risk trends through the COVID-19 pandemic. FICO® Score models are based on data in an individual’s credit report, housed by the two primary Canadian consumer reporting agencies (CRAs). chevron_left Blog Home. FICO Admin.

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