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Credit Risk Posting Research 
FICO
AUGUST 29, 2017
This comment from a participant in our recent EMEA Risk Leadership Forum caused a lot of chuckles and nodding heads. When it comes to evaluating credit risk, everyone wants to know if, when and how lenders will start probing their Facebook account. How Much Value?
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FICO
APRIL 27, 2017
Sovcombank, a universal bank with more than 2 million customers, is using the score to “gamify” the credit application process. The EFL credit risk score is created through a dynamic behavioral design and psychometric assessment that analyzes character traits with a proven relationship to credit risk.
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FICO
SEPTEMBER 2, 2020
How will these trends affect managing credit risk? Delinquency rates on consumer loans and credit cards, which are currently being suppressed with government and bank support, are expected to increase rapidly. Unfortunately, many of them will not be able to return to their workplaces after pandemic.
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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. Here is useful information on how to assess alternative data and combine it with so-called traditional data to improve credit risk models. Multiple Types of Alternative Data. How Much Value?
52 
FICO
FEBRUARY 28, 2020
Having worked in credit risk for most of my career during the revolution in analytics, it continues to concern me that the collections and recoveries (C&R) divisions of banks seem to be left behind. Innovations in credit risk analytics that have been widely adopted in other risk areas rarely get used at the C&R level.
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FICO
AUGUST 1, 2018
Some of the above difference between these three groups can also be attributed to differences in their credit risk profiles. The post FICO Research: Does Student Loan Debt Impact Millennial Homeownership? appeared first on FICO.
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FICO
JANUARY 3, 2017
Chief among your interests were analytic innovation, credit risk, regulatory compliance, customer experience and mobile payments. Here’s a recap of our top 10 most popular posts published in 2016: US Credit Quality Rising … The Beat Goes On – Ethan Dornhelm shares FICO research showing how US consumer credit quality continues to climb.
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FICO
JANUARY 7, 2020
The average FICO® Score ticked up to 706 in 2019, and the blog post where we covered the news continues to be one of the most popular posts on the FICO blog. We also looked at trends in credit scores and addressed whether FICO® Scores are artificially inflated. Read the full post. Read the full post. by FICO.
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FICO
SEPTEMBER 28, 2017
One partnership that may surprise some people is with EFL Global , a leading alternative credit scoring company. The EFL score uses psychometrics and behavioral data to measure a person’s credit risk based on an applicant’s answers to a series of interactive questions and exercises administered via an online assessment.
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PYMNTS
JULY 8, 2020
Fighting Fraud in a Post-Pandemic World. The two executives said acquirers need to have better fraud management solutions than ever before, because the pandemic has prompted consumers to use credit cards for more online and app-based transactions. AI Also Helps Manage Credit Risk.
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Finovate
DECEMBER 19, 2023
Liquidnet will leverage bondIT’s Scorable Credit Analytics to help traders better anticipate market trends. The technology will also help them mitigate credit risk and make more informed decisions quicker. Embedded is bondIT’s end-to-end, integrated portfolio construction, research, and trading solution.
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The Fintech Times
APRIL 15, 2024
. “AI’s contribution extends to intelligent underwriting, where it enables the creation of sophisticated risk profiles by analysing a wide range of data, including non-traditional indicators that might be overlooked in manual processes. ” The post How Has AI Impacted the Embedded Finance Space in Recent Years?
134 
FICO
JANUARY 31, 2019
FICO's research team explored this topic in a new paper, “Developing Transparent Credit Risk Scorecards More Effectively: An Explainable Artificial Intelligence Approach”. Research into AI and Machine Learning for Credit Scoring. To learn more, see these recent blog posts.
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FICO
FEBRUARY 7, 2023
Home Blog FICO Top 5 Scores Posts of 2022: Steady FICO Score, BNPL and Alternative Data 2022 marked the first year in over a decade the average FICO Score did not increase, while the industry’s attention remained on topics such as alternative data and BNPL. Read the full post 2. Read the full post 3. Read the full post 4.
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FICO
APRIL 6, 2018
How are advances in artificial intelligence and machine learning changing credit risk assessment? On Tuesday, April 17, 1:30-2:30, my colleague Ethan Dornhelm and I will show that machine learning offers tremendous efficiencies for research “in the lab”. Join me at this session on Thursday, April 19, 10:15-11:15.
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FICO
JANUARY 8, 2019
Here are the five posts with the most views. credit quality. Read the full post. This blog by Ethan Dornhelm looked at FICO's research project to see just how much predictive lift unconstrained, state-of-the-art machine learning techniques might bring to the FICO® Score. Read the full post. Read the full post.
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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. Read the full customer development post 2.
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FICO
JANUARY 11, 2023
Top 5 Decision Management Posts of 2022: AI and Digital Jane. The promise of AI and FICO Platform dominated the top posts of 2022 in the Decision Management category. The promise of AI and FICO Platform dominated the top posts of 2022 in the Decision Management category. Here are the top 5 posts from 2022. Saxon Shirley.
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CB Insights
APRIL 22, 2020
The government has backstopped these loans so that lenders can take on minimal credit risk; however, alt lenders carry existing credit risk from non-government-backed SMB loans — and the longer the economy remains on pause, the higher the likelihood these alternative lenders will suffer increased losses resulting from existing borrower defaults.
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FICO
JUNE 2, 2023
At FICO, we have been on the frontlines of this challenge for decades, working tirelessly to identify sources of safe and reliable alternative data to enhance the risk prediction of our scores, including our industry-leading FICO® Scores, such as the UltraFICO™ Score. More than 200 million U.S.
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FICO
SEPTEMBER 13, 2017
The National Consumer Assistance Plan (NCAP) is a comprehensive series of initiatives intended to evaluate the accuracy of credit reports, the process of dealing with credit information, and consumer transparency. The post NCAP Medical Collection Removals are Rare and Have No Material Impact to FICO® Scores appeared first on FICO.
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PYMNTS
OCTOBER 7, 2016
Plati Potom develops post-payment solutions for eCommerce and offline retailers, as well as data analysis and credit risk management tools. QIWI announced on Thursday (Oct. 6) it has acquired a 100 percent ownership stake in FinTech startup Plati Potom.
55 
FICO
FEBRUARY 25, 2019
After a 2018 that had its highs and lows, what might 2019 have in store from a credit risk management standpoint? Here are three key developments in credit scoring that we will be keeping an eye on in the new year: Consumer-Contributed Data Takes Center Stage. revolver vs. transactor).
63 
FICO
JANUARY 10, 2017
The “innovation” VantageScore claims can score more people is simply the weakening of credit score criteria. The minimum criteria needed to produce the FICO Score aren’t arbitrary — they are the result of decades of research into risk assessment. In a previous post , I pointed out that our research showed around 7.4
81 
FICO
MAY 7, 2018
Some of the top thought leaders in banking, finance, artificial intelligence, machine learning, and credit risk came together in San Francisco to discuss the key trends and innovations in our industry. A key driver of successful financial inclusion is the ability for lenders to effectively gauge the risk of an underserved consumer.
FICO
APRIL 12, 2023
And while some of our clients’ business lines benefit from the very latest innovations, others such as mortgage continue to find that older versions of the FICO® Score – even some that were first developed decades ago – meet their needs for credit risk assessment. in management science/operations research from UC San Diego.
52 
FICO
JANUARY 9, 2019
Here were the top 5 posts in the Analytics & Optimization category last year. Read the full post. The models are then deployed to live a happy life scoring credit risk and fraud likelihood, finding pictures of Chihuahuas and muffins , or flagging insulting tweets. Read the full post. Read the full post.
40 
FICO
JANUARY 11, 2017
New FICO research shows that not this not the case. As a data scientist from FICO’s Scores organization, I feel it’s important to remind our blog readers that collection information on a credit bureau report has consistently been found to be a strong indicator of increased credit risk.
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CB Insights
DECEMBER 10, 2020
Below, we take a look at how tech companies are unbundling Bank of America’s front office, from consumer deposits and payments to equity research and business credit cards. . This has provided an opportunity for other research providers to gain market share among banking clients. . Category breakdown . Consumer payments.
101 
FICO
FEBRUARY 28, 2017
In my last blog post , I shared a new FICO research study on credit trends in auto lending. This shift may signal an increase in credit risk for the industry because six-year loans have historically had higher delinquency rates. The post Auto Loan Credit Quality: Hazardous Road Conditions Ahead?
56 
FICO
SEPTEMBER 27, 2021
In our previous blog post I examined the shifting regulatory landscape, recent changes in bank overdraft program changes, and what’s next with regulations on overdraft. In this, my second post on overdraft, I will explore new approaches banks should consider. post grace period). Consider the following setting.
52 
FICO
AUGUST 29, 2022
Regardless of this uncertainty, FICO’s mission is clear: to help lenders understand the credit risk that each borrower represents and make better-informed lending decisions and to educate and empower consumers. in management science/operations research from UC San Diego. See all Posts. Related posts. Average U.S.
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The Fintech Times
APRIL 3, 2024
According to recent the latest Juniper Research report , the global embedded finance market currently boasts a total transaction value of around $92billion. ” The post What Should We Expect to See From Embedded Finance in 2024? appeared first on The Fintech Times.
126 
FICO
MAY 10, 2017
There has been much discussion and several studies over the years regarding the potential value of leveraging rental data in assessing consumer credit risk. Which raises the question: Should rental data be widely reported to the three primary consumer credit agencies (CRAs)? appeared first on FICO.
The Fintech Times
JUNE 22, 2024
According to Juniper Research , BNPL users are expected to reach 900 million worldwide by 2027. The post Apple Takes a Step Back From Traditional Finances as It Announces Closure of Apple Pay Later appeared first on The Fintech Times. ” Why get involved?
72 
The Fintech Times
MARCH 9, 2024
. “Regulation of the sector would bring it in line with existing forms of credit, and improve transparency while offering greater customer protection. ” Fintech pips banks to the post In many cases, we often see how incumbent banks remain the most trusted organisations in the financial world.
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Fintech Finance
JANUARY 16, 2024
The same research ranked trade credit as a leading payment option preferred by business buyers. With minimal integration required, TreviPay’s Universal Acceptance solution enables suppliers who are already accepting credit cards to quickly and easily offer net-terms financing to their qualified buyers, while taking on no credit risk.
52 
CB Insights
AUGUST 25, 2022
As digital lending services continue to gain traction, lenders are prioritizing technology solutions for automated underwriting, fraud prevention, loan application, and credit risk analysis. Want the full expert post? download the STATE OF FINTECH Q2 2022 report. hbspt.forms.create({. onFormReady: function ($form) {.
36 FICO
MAY 8, 2019
“The FICO tool has allowed the risk and business intelligence teams to create a targeted approach to auto approval rules management, as evidenced by a year-over-year increase,” said Brandon Hunt, director of credit risk at Worldpay. “By The 2018 judges are: Sid Dash, research director at Chartis Research.
51 
FICO
JULY 18, 2022
Machine Learning is simply another analytic technique; one that can help produce highly predictive credit scores which must also be explainable, with two important caveats: . The use of Machine Learning must be balanced with deep domain expertise in credit risk modeling. See all Posts. Related posts. Can Arkali.
52 
PYMNTS
DECEMBER 19, 2016
That year, research reported that the typical net worth of millennials was 20 percent lower than that same age cohort in 1983 — at the same time, that of their parents had more than doubled. Besides that, they’re the ideal credit risk and perfect target to stake the future of FinTech, payments and retail. Or should it?
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FICO
OCTOBER 10, 2022
To avoid situations like this, it is critically important that credit scoring models are proven over time and based on sufficient data to reliably assess a consumer’s credit risk in a way that doesn’t generate a low score. See all Posts. Related posts. Joanne Gaskin. Prior to joining FICO, Ms.
52 FICO
MARCH 27, 2018
While building Explainable AI is something that FICO is very heavily invested in, it is still an active area of research (spanning over the last 25 years) and is relatively nascent in the eyes of regulatory bodies. Research Continues. Keep an eye on the explainable AI topic, it’s a major focus of ML research at FICO right now.
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FICO
JANUARY 17, 2020
Seventy percent of digital transformation projects fail to reach their stated goals , at least according to research from McKinsey Consulting. In this series of blog posts, I want to share a few examples of these transformative experiences and the underlying technologies, analytics, and know-how that go into creating them.
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