Basisbank will manage risk and accelerate digital transformation with FICO technology
Basisbank risk analysts will be able to quickly make changes to credit strategies for unsecured consumer loans and point-of-sale financing...
Tag : FICO
Addressing IFRS 9 portfolio impact: Timing is everything
Business and credit lifecycle management teams need to be made aware of IFRS 9 impairment impacts and drivers now, if they have not been already...
Access to credit for ‘unscoreable’ consumers and entrepreneurs
New agreement between FICO and EFL can help millions of consumers in emerging markets October 26, 2016: As part of its FICO Financial Inclusion Initiative, analytic software firm FICO has announced a strategic partnership with EFL Global to expand credit scoring options for lenders and consumers in markets outside the US. FICO will offer EFL’s...
Georgia’s TBC Bank slashes loan decision time
Using software from analytic software firm FICO October 12, 2016: TBC Bank, a leading universal Georgian bank, has substantially reduced the time needed to make decisions on credit applications, using software from analytic software firm FICO. TBC Bank, which recently installed FICO® Origination Manager 4.5, announced that it has cut credit decisions and disbursement down...
FICO to provide decisioning platform for buddybank
The facility will be only for smartphone users September 20, 2016: Analytic software firm FICO announced it is providing the decision management platform for UniCredit’s buddybank, a bank project exclusively designed for smartphones. Scheduled to launch in early 2017 in Italy, buddybank will use the FICO Decision Management Suite to instantly verify customers and manage...