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Cash Flow Data Can Improve Credit Access with an UltraFICO® Score

Fico Collections

Thu, 08/22/2019 - 12:37. Thu, 01/05/2023 - 16:00. But the optimism around the potential of incorporating cash flow isn’t limited to FICO – we’ve been excited to see recent initiatives by the government-sponsored enterprises , for example, to consider cash flow as part of mortgage underwriting.]. FICO Admin. by Joanne Gaskin.

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Risk and Lending Predictions 2023: Hyper-Personalisation and More

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The combination of events prompted unprecedented levels of financial support being provided by governments around the world to both individuals and businesses to enable them to survive the economic consequences. It’s a move typified in the UK by the launch of the FCA’s Consumer Duty , which reinforces a host of customer safeguards.

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Top 5 Fraud Posts for 2022: Scams, Contactless and Money Mules

Fico Collections

Tue, 07/02/2019 - 02:45. Tue, 01/10/2023 - 11:30. Matt recommended that lenders: Mitigate the risks now. As Sarah Rutherford explained, a cross-party Treasury Select Committee has called on the UK government to do more to ensure that the victims of authorised push payment scams are reimbursed. FICO Admin.

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FCA’s Consumer Duty Mandates Sharper Use of Technology

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Thu, 12/19/2019 - 16:29. Mon, 01/09/2023 - 10:20. Every UK bank, lender and financial services firm is likely to have the FCA’s Consumer Duty front-of-mind right now. Good Governance Is Always Worth the Investment. FICO Admin. by Peter Lemon. Lead Consultant. expand_less Back To Top.

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Four 2023 U.S. Policy Predictions for Financial Services Companies

Fico Collections

Tue, 07/02/2019 - 02:45. VP, Government Relations. Thu, 01/05/2023 - 15:45. In 2018, FICO introduced the UltraFICO Score , leveraging consumer-permissioned financial data combined with account aggregation technology and distribution capability to provide lenders with new insights and consumers with enhanced access to credit.