FICO stories
Borrowers with thin credit files could be easier to score as FICO clients gain access to Credolab's behavioural risk and fraud tools.
Enterprises can now deploy an autonomous coding agent that Cast AI says cuts token bills and tightens governance for developers.
Enterprises can now run the coding agent with tighter spending caps, data sovereignty controls and production support to curb AI development costs.
Rising delinquencies are pushing enterprises to adopt AI collections tools, as BMW i Ventures backs KredosAi's USD $7 million Series A.
Developers using Kimchi can now route tasks to MiniMax M3, cutting costs and keeping code inside controlled enterprise environments.
Businesses can now route coding jobs to a lower-cost open-weight model as Cast AI makes Kimchi Coding the first autonomous agent to offer MiniMax M3.
The award highlights how Lloyds Banking Group is expanding automated risk decisions as banks face tighter regulatory scrutiny and customer expectations.
Rising debt burdens and weaker repayment rates are increasing pressure on households, with average active balances hitting a record GBP £1,975.
Severe arrears are deepening among vulnerable borrowers, even as post-Easter spending fell and repayments ticked higher in May.
The award could help Indian online retailers cut costly cash-on-delivery returns, with FICO estimating monthly losses avoided of INR 1 crore.
Switching rose 43% in Britain last quarter, adding pressure on banks to tailor offers as digital-only accounts neared half of households.
Scams that trick people into authorising payments drove UK fraud losses to GBP £1.28 billion last year, FICO said.
Household finances are under growing strain as repayment rates fall and missed payments rise, with balances matching a record high.
Teenagers at Stamford Bridge are learning budgeting through a football club simulation as FICO begins its first UK financial education push.
Weak data pipelines and poor governance can now be checked inside the FICO Platform, as the software maker pushes firms towards safer AI use.
UK cardholders are missing more payments as fuel costs and softer spending put fresh pressure on household budgets.
Zero outages now support more than 1 million monthly credit checks as T-Mobile prepares to expand home broadband and connected devices.
Rising missed card payments are straining UK collections teams, as FICO says AI could help lenders manage cases more efficiently and fairly.
More borrowers are slipping into serious arrears even as overall card balances hold steady, according to FICO’s February data.
Fraud checks and collections improved after Absa switched to WhatsApp messages, lifting self-solve cases and payments from distressed borrowers.
