credit scoring

Equifax CEO Vows To Make Changes, Protect Consumers In Wake Of Breach

Equifax CEO Vows To Make Changes, Protect Consumers In Wake Of Breach
Equifax CEO Vows To Make Changes, Protect Consumers In Wake Of Breach
September 14, 2017  |  Cybersecurity

Equifax Security chairman and chief executive officer Richard Smith recently penned an Oped in USA Today in which he vowed to provide protections to everyone...

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Unifund CEO Consumer Credit Caution: “Time To Stop Getting Lost In The Averages”
Unifund CEO Consumer Credit Caution: “Time To Stop Getting Lost In The Averages”
July 19, 2017  |  Financial Inclusion

Credit, and the consumer’s relationship with it, has changed rather dramatically over time. But those changes can only be seen if one takes a big...

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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  |  Cybersecurity

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...

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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...

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Scoring The Invisible Consumers Is Harder Than It Looks
Scoring The Invisible Consumers Is Harder Than It Looks
January 17, 2017  |  Alternative Credit

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...

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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...

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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. Get the Full...

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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...

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