Tag Archives: Credit scoring

21Jan/22

Equifax and Georgia Tech Announce Financial Inclusion Research Partnership

Equifax® (NYSE: EFX) and the Georgia Institute of Technology (“Georgia Tech”) have announced a new research partnership designed to develop new ways to reach underserved, underbanked and credit-rebuilding consumers. As part of this relationship, the Financial Services Innovation Lab at Georgia Tech will leverage anonymized Equifax data assets to further its innovative research designed to increase consumer access to credit and Equifax data scientists will provide hands-on data education to speed research time. The research partnership is designed to stimulate growth in fintech entrepreneurship in Atlanta. Continue reading

07Sep/21

FICO Survey: UK Borrowers 31 Percent More Likely to Open Account Digitally Than in 2020

A new study in the UK by analytics software firm FICO shows that UK consumers today are 31 percent more likely to open an account digitally than a year ago. However, the surprising outliers in the rush to digital-first account opening are Generation Z (Gen Z). Financial education is key as it appears that digital savviness is not enough to counter the need for in-person help and advice when selecting banking providers. Continue reading

08Sep/17

Equifax breach impact will be felt ‘for months and months’ – cyber expert

NEW YORK, NEW YORK, UNITED STATES (SEPTEMBER 8, 2017) (REUTERS) – The impact of a security breach at Equifax Inc that may have compromised personal information for 143 million American consumers could be felt for a long time to come, cybersecurity expert Ryan Kalember told Reuters on Friday (September 8). Continue reading

08Sep/17

Equifax data breach exposes personal data of 143 million U.S. consumers

Nearly half of the United States has been impacted by a massive cyber security incident at one of the three largest credit agencies in the country. Continue reading

31Oct/16

China plans social credit system to monitor every citizen

China plans to implement a social credit system that uses big data to monitor the behavior of citizens.
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