-
Harvest, a fintech founded by Nami Baral, has developed an alternative scoring method that amasses data on spending patterns, debt payments and even earnings potential to get a better sense of consumers' creditworthiness.October 1
-
Lenders are struggling to deploy deposits into interest-earning assets, and changes to post-secondary education may further limit these options.September 1
-
The German bank agreed to pay $150 million to New York State for its dealings with Jeffrey Epstein; the new tool will help lenders determine which borrowers are in the best shape to weather a crisis.July 8
-
Leveraging AI and machine learning can help credit unions focus on doing what they do best: forging connections with members.March 26
Segment leader of decision sciencesFICO
-
Attempts to rewrite the method for determining unintended discrimination in housing should not bleed into fair-lending laws.March 4
Executive DirectorMarketplace Lending Association
-
Testing shows an overreliance on machine learning data can unfairly harm credit scores.December 12
Vice President of Scores and Predictive AnalyticsFICO
-
Doug Clare explains how the organization uses artificial intelligence to spot crime rings and skimmers.November 11
-
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
-
The regulator of the government-sponsored enterprises retreated from an earlier proposal that had barred VantageScore because of its ties to the credit bureaus.August 13
-
Borrowers with poor credit make up less than 15% of the industry's total auto loan portfolio. That has shielded CUs from some delinquency issues, but some say it raises questions about whether the movement is reaching the consumers it was chartered to serve.May 28
