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The credit bureau will consider borrowers’ rental payment history and professional licenses; bank looks to build business on the other side of the Atlantic.
November 7 -
Experian is adding DataVisor, which specializes in advanced machine learning, to its CrossCore platform to identify unusual patterns signaling new fraud activity.
November 6 -
While sophisticated computer algorithms are increasingly used in the fight against fraud, criminals are still exploiting various loopholes to access consumer card and bank details, particularly for those opening new accounts.
October 31 -
Regulators have long warned the credit bureaus about deceptive marketing that causes consumers to sign up unwittingly for paid monitoring services. But the practice has persisted, according to complaint data.
October 20 -
Seeking relief from rising synthetic fraud, U.S. companies next year will be able to quickly verify whether Social Security numbers match other consumer data in government files, in a bid to thwart fraudsters from creating fake identities with stolen information and SSNs.
October 3 -
A year after the major credit bureaus agreed to strip tax liens and civil judgments from consumers' credit files, a new study says it is hampering lenders' credit decisions. But proponents of the move insist it was the right call.
September 3 -
At the same time, consumers hold banks to tougher disclosure standards than government agencies, health care organizations and retailers, according to Experian.
August 30 -
The Trump administration’s “public charge” rule would add credit reports to factors that could be used to deny legal residency, but critics say credit scoring was never intended for that purpose.
August 21 -
FASB may have voted to delay its controversial new credit loss standard, but credit unions who use that delay as an excuse to further procrastinate are setting themselves up for failure.
July 23Experian -
Aura is one of the few fintechs in the nation to have a community development financial institution designation from the Treasury Department.
June 25