Modest reduction in the average FICO® Score in Canada as recent consumer credit trends continue

Monitoring a consumer's FICO® Score helps us understand how we got here and what may lie ahead for the average FICO Score

FICO Score credit risk trends through the COVID-19 pandemic

Ørsted, the world's leading offshore wind farm developer, has used FICO® Xpress Optimization to develop a novel digital energy optimization solution.

Until now, it has been very difficult for a lender to understand the pressures on any consumer in terms of their ability to absorb more credit and pay off the required instalments, without placing unbearable stress on their finances.

You can’t control the sun, the wind or the snow. But using predictive and prescriptive analytics, along with optimization algorithms, you can do the next best thing.

Lenders are looking for new ways to connect with the estimated 3 billion people worldwide who fall outside the credit ma...