Credit risk Stories - Page 10

UK Stories

Credit risk stories

UK credit card debt up as spending slows, missed payments rise

UK credit card debt rises as spending drops 6.8%, with average balances hitting GBP £1,845 and missed payments surging 23% in March 2025.

By Jed Nykolle Harme • 4 min read • Thu, 5th Jun 2025

Data Analytics

Entercard adopts FICO to boost fraud detection in Nordics

Entercard adopts FICO's AI-powered platform to enhance fraud detection and prevention across the Nordic region, improving security and customer experience.

By Jed Nykolle Harme • 3 min read • Tue, 13th May 2025

Fintech

UK credit card balances & missed payments on the rise

FICO's UK report warns of rising first-party fraud amid financial strain, as average credit card balances grow and missed payments increase year-on-year.

By Jed Nykolle Harme • 3 min read • Thu, 1st May 2025

Artificial Intelligence

London fintech TRIVER secures £20m to transform SME finance access

London-based fintech, TRIVER, secures £20m in funding to revolutionise SME access to finance through Open Banking and AI.

By Sean Mitchell • 4 min read • Wed, 22nd Nov 2023

Global Stories

Credit risk stories

Data Analytics

Global financial leaders awarded for digital risk innovation

Andy Lawrie of Nationwide wins FICO Decision Hero Award for leading credit decision overhaul, boosting efficiency and compliance in financial services.

By Jed Nykolle Harme • 3 min read • Thu, 15th May 2025

Credit risk

UK fintech Lenkie raises GBP £49m to boost SME financing

UK fintech Lenkie has secured GBP £49 million in Series A funding, aiming to transform payables financing for SMEs amid a £22 billion funding gap.

By Sean Mitchell • 3 min read • Wed, 5th Mar 2025

Unified Communications

Australia & NZ invest in AI to enhance lending decisions

Experian's study reveals Australian and New Zealand financial leaders are increasingly investing in AI and automation to enhance lending efficiency.

By Kaleah Salmon • 4 min read • Tue, 26th Nov 2024

Biometrics

Australian fintech RDC partners with major US bank M&T

Rich Data Co secures its first US client with M&T Bank Corporation, integrating AI to enhance the bank's risk management and lending strategies.

By Shannon Williams • 3 min read • Tue, 28th May 2024

Financial institutions

Aryza Group launches Aryza Decide for improved credit risk management

Aryza Group unveils dynamic, standalone system, Aryza Decide, geared to revolutionise credit risk management in the lending industry and encouraging operational efficiency.

By Kaleah Salmon • 3 min read • Wed, 20th Mar 2024

Supply Chain

Dow Jones and Oliver Wyman launch predictive credit risk tool

Dow Jones partners with global consulting firm Oliver Wyman to develop Factiva Sentiment Signals, an AI-driven tool able to anticipate credit downgrades using news data, up to three months early.

By Catherine Knowles • 3 min read • Thu, 11th Jan 2024

Disaster Recovery

Banks Are Getting to Know You Better - What's in it for Customers?

At the recent Australian Retail Credit Association Credit Summit, FICO's Head of Scoring Solutions, Steven Brown, spoke about global credit risk trends.

By FICO • 6 min read • Thu, 23rd Feb 2023

Data Analytics