The Fintech Times

NOVEMBER 2, 2024

Banks By 2020, Bhutan’s financial sector included five banks, three insurance companies, one CSI bank, five microfinance institutions, one pension institution, two telecom companies as well as a single stock exchange. These advancements offer the potential to boost economic development and prosperity across the Kingdom.

Financial Inclusion 69

Financial Inclusion Technology FinTech Credit Cards 69

FICO

MARCH 25, 2020

Home Credit , a global non-bank consumer lender, has successfully reduced its credit risk while maintaining loan volumes and keeping approval rates steady by incorporating the FICO® Score X Data to optimize its loan process in China. This type of financial inclusion is good for the consumer and good for our business.

Risk 97

Risk Financial Inclusion Point-of-Sale (POS) Risk Assessment 97

FICO

NOVEMBER 15, 2017

Our work with both EFL and Lenddo is part of the FICO Financial Inclusion Initiative. Lenders rely on credit scoring to assess consumers’ risk, and credit scoring relies on credit data. But what if an applicant is new to credit? An Alternative to Credit Data. appeared first on FICO.

Credit Risk 80

Credit Risk Risk Assessments Financial Inclusion 80

Fintech News

FEBRUARY 10, 2025

How Agentic AI Can Transform Fintech Operations Potential Use Case Without Agentic AI With Agentic AI Customer engagement Rule-based chatbots provide scripted responses and struggle with context retention AI-driven financial assistants adapt to user behaviour, proactively offer personalised insights, and autonomously act (e.g.,

AI 74

AI FinTech Fraud Detection Fraud Prevention 74

FICO

AUGUST 28, 2017

When it comes to using alternative data in credit risk assessments, the field has really opened up over the last few years. Alternative data is a hot topic, in part because of the data explosion of the last few years, and in part because of the drive in lending for financial inclusion. What is alternative data?

Credit Risk 52

Credit Risk Risk AI Assessments 52

FICO

APRIL 28, 2023

Credit Risk and FICO Score Trends? credit risk and FICO® Score trends. At the same time, increasing adoption of recent innovations in credit scoring solutions should benefit consumers, leading to greater consumer empowerment opportunities and credit access.

Credit Risk 52

Credit Risk Risk Risk Assessment Assessments 52

FICO

MAY 23, 2022

Finding a way to score millions without credit history. Círculo de Crédito , the fastest-growing credit bureau in Mexico, has used unique credit risk scores from FICO to boost financial inclusion in Mexico and help an additional 20 million citizens access credit.

Financial Inclusion 52

Financial Inclusion Embedded Finance Risk Assessment Assessments 52