Credit card insights uncover developing financial pressures affecting many Canadians

The Federal Housing Finance Agency’s interim “lender choice” policy introduces a dangerous precedent that increases adverse selection risk that will raise prices for consumers. 

An analysis by FICO data scientists has found that FICO Score 10T significantly outperforms VantageScore 4.0 in mortgage origination predictive power. 

Lenders should keep a close eye on credit card delinquencies, which saw a 10.4% increase in the percentage of customers missing one payment in May

April data on UK cards shows spending declined and average balances increased, signalling slow rise in credit risk for UK consumers

Credit card data reveals many Canadians are struggling to pay off their monthly balances

Financial pressures on UK consumers are evident in drop in spend and rise in delinquencies on credit cards

Skyrocketing delinquencies in the US and other markets pose a threat that demands the use of decisioning-as-a-service

Explore the forthcoming capabilities for business decision-making and applied intelligence based on AI, composability and more

Using FICO® Auto Score 10, Octane responsibly expands credit access and grows recreational financing by 36%.

In data on UK credit cards, FICO sees a rise in customers missing three payments, and signs of growing first-party fraud

From 'I wish I knew' to 'I’m so glad I know': empowering consumers through financial literacy

Vitality, a major healthcare insurer in the UK, shows how harnessing technology to personalize healthcare experiences can drive sustainable growth

FICO data reveals that the positive payment behaviour from the pandemic is still persisting

How using FICO’s Innovation Lab can help future-proof for evolving economic conditions and credit risk decisions