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	<title>Morten Larsen Archives - International Finance</title>
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	<title>Morten Larsen Archives - International Finance</title>
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		<title>Basisbank will manage risk and accelerate digital transformation with FICO technology</title>
		<link>https://internationalfinance.com/banking/basisbank-will-manage-risk-accelerate-digital-transformation-fico-technology/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=basisbank-will-manage-risk-accelerate-digital-transformation-fico-technology</link>
					<comments>https://internationalfinance.com/banking/basisbank-will-manage-risk-accelerate-digital-transformation-fico-technology/#respond</comments>
		
		<dc:creator><![CDATA[International Finance Desk]]></dc:creator>
		<pubDate>Mon, 26 Mar 2018 09:28:53 +0000</pubDate>
				<category><![CDATA[Banking]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[Basisbank]]></category>
		<category><![CDATA[digital transformation]]></category>
		<category><![CDATA[FICO]]></category>
		<category><![CDATA[FinTech]]></category>
		<category><![CDATA[Morten Larsen]]></category>
		<category><![CDATA[Steve Hadaway]]></category>
		<guid isPermaLink="false">https://www.internationalfinance.com/?p=16374</guid>

					<description><![CDATA[<p>Basisbank risk analysts will be able to quickly make changes to credit strategies for unsecured consumer loans and point-of-sale financing</p>
<p>The post <a href="https://internationalfinance.com/banking/basisbank-will-manage-risk-accelerate-digital-transformation-fico-technology/">Basisbank will manage risk and accelerate digital transformation with FICO technology</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Basisbank, an online lender in Scandinavia, will control credit risk and accelerate its digital transformation using FICO decision management technology, analytic software provider FICO announced. With FICO Blaze Advisor decision rules management system, Basisbank risk analysts will be able to quickly make changes to credit strategies for unsecured consumer loans and point-of-sale financing in order to increase profitability and reduce the risk of loans going unpaid. Basisbank receives more than 75% of its credit applications from mobile devices.</p>
<p><span style="font-weight: 400;">“As a fintech, we need to be fast and responsive to customer demands, while maintaining strong risk management,” said </span><b>Morten Larsen, head of Business Development at Basisbank</b><span style="font-weight: 400;">, which is based in Copenhagen. “We need to give our risk analysts the maximum flexibility to make changes quickly, not wait in a queue for IT to make changes. In our review of the market, FICO provided the most powerful and flexible solution, and also has the greatest expertise in financial services.”</span></p>
<p><span style="font-weight: 400;">“Basisbank is seen as a leader in the Danish fintech market,” said </span><b>Steve Hadaway, general manager for FICO in Europe, the Middle East and Africa</b><span style="font-weight: 400;">. “For tech-savvy players like this, the old generation of lending platforms is too slow and inflexible. The cutting-edge power of FICO Blaze Advisor is perfect to help them grow in a profitable and sustainable fashion.”</span></p>
<p><span style="font-weight: 400;">FICO Blaze Advisor decision rules management system gives businesses maximum control over high-volume operational decisions. Blaze Advisor provides companies with a scalable solution that delivers unprecedented agility and actionability for smarter business decisions. FICO Blaze Advisor is part of the groundbreaking </span><a href="http://www.fico.com/en/products/fico-decision-management-suite"><span style="font-weight: 400;">FICO Decision Management Suite</span></a><span style="font-weight: 400;"> for building and deploying decision management applications.</span></p>
<p>The post <a href="https://internationalfinance.com/banking/basisbank-will-manage-risk-accelerate-digital-transformation-fico-technology/">Basisbank will manage risk and accelerate digital transformation with FICO technology</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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