Tag Archives: Credit scoring

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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