credit scores

Can Freddie Mac's embrace of AI pull the industry along?

10/02/19

Freddie Mac's test of artificial intelligence to make lending decisions could be a significant turning point in broadening the use of the technology.

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Fed moves to ease cash shortage; Citi looks to make connections

09/18/19

The Fed’s injects funds into the repo market for first time in more than a decade; bank trying to partner firms with cash with those with market share.

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The changing metrics of credit; HSBC wants out of France

09/12/19

Lenders considering other factors for those with bad or no credit history; the bank plans to sell its French retail unit.

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Startup caters to millennials tired of paying in cash 'like a gangster'

08/29/19

Kristy Kim was an immigrant success story with a degree from Berkeley and a lucrative job — except her lack of credit history precluded her from getting a car loan. She started TomoCredit to help the many young folks who struggle to qualify for a credit card.

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Why Apple card will succeed; Opening the Fed payments system

08/14/19

Offering 3% on purchases through its App Store, Apple hopes to make its competitors' phones a less-appealing option; a call for speeding up FedNow.

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FHFA reverses course, will let VantageScore pitch model to GSEs

08/13/19

The regulator of the government-sponsored enterprises retreated from an earlier proposal that had barred VantageScore because of its ties to the credit bureaus.

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'Another day, another hack': Comments of the week

08/01/19

Readers react to Capital One's massive data breach, raise alarm to The Bancorp's expansion in CRE securitizations, defend fintechs offering retirement plans and more.

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House revives effort to allow nontraditional data in credit scores

07/25/19

The bill, similar to legislation that passed the chamber last year, would permit the inclusion of items such as rent and telecom payments to help consumers build their credit profiles.

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Equifax fine punches a hole in data security culture

07/22/19

The timing of the settlement serves as a warning to other companies of the risks they face in an increasingly data-focused economy.

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Which fintechs are best positioned to handle a recession?

06/28/19

In a downturn, some fintechs, such as independent lenders, will be more vulnerable to economic forces than those working to service banks' regulatory needs.

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