Credit risk stories
Cloudera expands its Enterprise AI Ecosystem with four new partners to enhance predictive modelling, workflow automation, and AI observability for businesses.
Founders face growing choices in UA financing; this guide highlights how to select partners offering transparency, scalability, and support beyond just interest rates.
FICO leads Forrester's AI decision platforms report, achieving top scores for its platform's innovation and decision-making capabilities among 15 vendors.
Andy Lawrie of Nationwide wins FICO Decision Hero Award for leading credit decision overhaul, boosting efficiency and compliance in financial services.
UK fintech Lenkie has secured GBP £49 million in Series A funding, aiming to transform payables financing for SMEs amid a £22 billion funding gap.
Experian's study reveals Australian and New Zealand financial leaders are increasingly investing in AI and automation to enhance lending efficiency.
Rich Data Co secures its first US client with M&T Bank Corporation, integrating AI to enhance the bank's risk management and lending strategies.
Machine Learning boosts credit access and profitability in Australia, with 96% of firms noting better SME loan acceptance and improved bad debt rates.
Swisscard broadens its partnership with FICO to use AI-driven optimisation, enhancing credit limit management and customer experience in Switzerland.
UK credit card balances hit a record GBP £1,895 as repayments fall 7.7%, signalling growing financial strain for consumers amid rising missed payments.
Business failures in New Zealand have steadied at elevated levels, with construction, services and retail still driving insolvency pressure.
Australian banks invest heavily in AI but struggle to realise value amid complex compliance, fragmented data, and rising customer trust concerns, experts say.
Experian and Stryd have teamed up to offer Australian mortgage brokers enhanced client insights using open banking data and product pricing.
CreditProtect launches in Australia, offering SMEs affordable, AI-driven credit reports through a new platform backed by Experian and illion data partnerships.
UK credit card balances rose to an average of GBP £1,875 in April 2025 as payments dropped to 33.98%, highlighting ongoing household financial strain.
UK credit card debt rises as spending drops 6.8%, with average balances hitting GBP £1,845 and missed payments surging 23% in March 2025.
Entercard adopts FICO's AI-powered platform to enhance fraud detection and prevention across the Nordic region, improving security and customer experience.
New Zealand firms are feeling the strain as insolvencies jumped 31% in the first quarter, with construction failures up 44%.
FICO's UK report warns of rising first-party fraud amid financial strain, as average credit card balances grow and missed payments increase year-on-year.
House values fell again in September, with lower rates yet to lift prices and mortgage stress still a risk for borrowers.
