Risk & Compliance Why Account Management Scores Matter – in Russia and Beyond
In this post, I will share analysis that shows why using account management scores in addition to account origination scores is important.
Tag Archives: Risk Management
Risk & Compliance FICO Recognized as a Top Ten RiskTech Firm
The Chartis 2019 RiskTech100® report ranked FICO as one of the top 10 companies and FICO won awards in Innovation, AI, and Cyber Risk Quantification.
Collections & Recovery Six Steps Banks Should Take to Focus on NPL and NPE
Organisations will benefit from standing back from the BAU and determining how their analytics and technologies, which identify and support the management of distressed customers, need to change to ensure they secure that competitive advantage.
Collections & Recovery How the Focus on NPL Is Changing Europe’s Debt Market
Are we making the progress we want to see — and regulators demand — on non-performing loans (NPL)?
Risk & Compliance Russian Credit Health Keeps Rising
Following a slide that lasted four+ years, the FICO® Credit Health Index for Russia began climbing in April 2016 and climbed another 2 points last quarter.
Risk & Compliance Analytics Reveal What New Credit UK Consumers Can Afford
Until now, it has been very difficult for a lender to understand the pressures on any consumer in terms of their ability to absorb more credit and pay off the required instalments, without placing unbearable stress on their finances.
Risk & Compliance Managing Pre-Delinquency Under IFRS 9 & Persistent Debt
The introduction of IFRS 9 will mean focus is placed on pre-delinquency — treatment of accounts before they exceed limits or miss payments.
Risk & Compliance Banking Solutions: Reduce Complexity, Increase Sophistication
FICO WORLD 2018, MIAMI, Florida FICO today unveiled a host of new retail banking solutions that allow lenders to manage the credit lifecycle in a way that is smarter, faster and simpler. The innovations are designed to help support lenders with their digital transformations as retail banking continues to be shaped by the forces of mobile, cloud, analytics and big data. “We have seen remarkable changes in banking in the last two years as lenders accelerate their digital transformation and reinvent the customer experience,” said Tim VanTassel, vice president of FICO’s credit lifecycle business line. “Lenders are engaged in an analytic arms race to find, delight and retain the right customers by determining and deploying differentiated offers and experiences.” Read the full media release here Originate Loans Using Optimized Deal Structures Providing consumers with multiple options for the best-fitting terms in real time has been an industry goal for some time, and... [Read More]
Risk & Compliance UK Cards Show Signs of Post-Christmas Debt Stress
UK cards on books 1-5 years are showing signs of debt stress - here are the facts, as well as recommendations for issuers.
Risk & Compliance FICO Scores, Artificial Intelligence and Machine Learning
How are advances in artificial intelligence and machine learning changing credit risk assessment? That’s a topic I’ll be exploring in three presentations at FICO World 2018.