The signs from our UK Credit Market Report for May suggest that consumers are practicing pragmatic financial management, as well as continuing to make use of savings accrued during the pandemic. There are, however, warning signs in our UK credit card data of the financial pressure growing for those already in debt. Whilst the effects of a full month of retail and h…

Lenders face a myriad of challenges these days. To build a profitable portfolio while also managing risk, you need solutions that enable you to streamline decision making, reduce losses, lower costs, approve more profitable applicants, and guarantee regulatory compliance. Bureau scores may be the traditional “tried-and-true” method for assessing customer risk, but the…

For credit unions and smaller banks in North America, the challenge of how to compete with their bigger counterparts is a constant and pressing matter. The pandemic and associated economic uncertainty have made the landscape for card lending even more challenging, with the need to shape an effective strategy for engagement with all of their customers. Bigger banks hav…