FICO

MAY 27, 2021

FICO will also preview FICO® Resilience Index 2, the latest advance in FICO’s groundbreaking product, with more precise insight about a borrower’s resilience to future economic disruption and expanded use cases including bankcard account origination. Read Tom Parrent, Principal, Quantilytics’ whitepaper on the FICO® Resilience Index. .

Use Case 52

Use Case Origination Credit Risk Assessments 52

FICO

JUNE 26, 2020

Analysis of FICO® Resilience Index data by Tom Parrent, former chief risk officer for Genworth Financial, shows that from 2010 to 2015, nearly 600,000 additional mortgages could have been originated to consumers with FICO® Scores between 680 and 699, had the FICO® Resilience Index been available to lenders at the time.

Credit Risk 98

Credit Risk Risk Assessments Origination 98

FICO

MAY 27, 2022

Unless fraud checks are made systemic and a vital part of the originations process, the issue will never be resolved for this sector. Fraud checks, however, require much of the same personal information as is needed to make an application, so they can, and should, be tightly integrated within the whole origination process.

Identity Theft 52

Identity Theft Origination Use Case Checks 52

FICO

SEPTEMBER 15, 2022

SIMAH worked closely with lenders to show the importance of incorporating credit scoring in originations, account management and collections. The work done by SIMAH shows the significant impact that credit scoring can have in a market,” said Nikhil Behl chief marketing officer at FICO.

Financial Inclusion 52

Financial Inclusion Risk Assessment Assessments Risk 52

PYMNTS

DECEMBER 2, 2016

The outside-looking-in approach involves randomly taking credit files for 15 million consumers from the databases of the national credit reporting companies (CRCs — Equifax, Experian and TransUnion) in order to test how its own models stack up, performance-wise. percent in key industries,” the whitepaper stated. “In

Risk 52

Risk Assessments Origination Consumer 52