credit scoring

CFPB Fines Experian $3M Over False Advertisements For Its ‘PLUS Score’
CFPB Fines Experian $3M Over False Advertisements For Its ‘PLUS Score’
March 24, 2017  |  Security & Fraud

The Consumer Financial Protection Bureau (CFPB) announced Thursday (March 23) that it took action against credit scoring company Experian and its subsidiaries for allegedly deceiving...

READ MORE >
VantageScore Takes Issue With WSJ Story On Credit Scoring Sector
VantageScore Takes Issue With WSJ Story On Credit Scoring Sector
February 07, 2017  |  Consumer Finance

VantageScore Solutions, the developer of the VantageScore credit scoring model, said Monday (Feb. 6) a recent Wall Street Journal story on the credit scoring industry...

READ MORE >
Scoring The Invisible Consumers Is Harder Than It Looks
Scoring The Invisible Consumers Is Harder Than It Looks
January 17, 2017  |  Alternative Finances

When asked, a majority of Americans can still remember what their SAT score was 20 years ago, despite the fact that SAT scores become precisely...

READ MORE >
What ‘Unscorable’ Consumers Really Look Like
What ‘Unscorable’ Consumers Really Look Like
December 08, 2016  |  Financial Inclusion

While credit scores, or the lack thereof, tell lenders a lot about consumers, the traditional credit scoring models don’t always provide a clear picture of...

READ MORE >
Experian Leads $42M Funding For Financial Data Startup
Experian Leads $42M Funding For Financial Data Startup
December 07, 2016  |  B2B Payments

Finicity, a startup that offers a platform for financial data sharing, announced a major investment round led by credit reporting giant Experian. Reports today (Dec....

READ MORE >
How Model Validation Helps Credit Scoring Evolve With The Times
How Model Validation Helps Credit Scoring Evolve With The Times
December 02, 2016  |  Financial Inclusion

Promoting transparency in credit scores sounds like the ideal, but putting it into action is a whole other story. But as consumer behaviors and lending...

READ MORE >
China Embraces Credit Ratings — On Everything?
China Embraces Credit Ratings — On Everything?
November 29, 2016  |  International

Everything has its value. Even good — and bad — behavior. The movement toward rating, well, everything, in terms of credit scoring is gaining traction in China. The...

READ MORE >
The Credit Scoring Crunch
The Credit Scoring Crunch
November 15, 2016  |  Alternative Finances

Wanting to make financial services — particularly access to credit — more inclusive is a popular goal and a tricky needle to thread.  The benefits of inclusivity...

READ MORE >
FICO Teams With EFL Global To Include Psychometric Scoring
FICO Teams With EFL Global To Include Psychometric Scoring
October 26, 2016  |  Partnerships / Acquisitions

FICO, the analytic software firm, announced Tuesday (Oct. 25) a strategic partnership with EFL Global to expand credit scoring options for lenders and consumers in...

READ MORE >