Deutsche Bank fined for Epstein dealings; FICO unveils 'Resilience Index'


The German bank agreed to pay $150 million to New York State for its dealings with Jeffrey Epstein; the new tool will help lenders determine which borrowers are in the best shape to weather a crisis.


Don’t ditch disparate impact


Attempts to rewrite the method for determining unintended discrimination in housing should not bleed into fair-lending laws.


Machine learning’s promises, pitfalls


Testing shows an overreliance on machine learning data can unfairly harm credit scores.


What FICO sees through its window into fraud


Doug Clare explains how the organization uses artificial intelligence to spot crime rings and skimmers.


Backlash against rule tying immigration cases to credit history


The Trump administration’s “public charge” rule would add credit reports to factors that could be used to deny legal residency, but critics say credit scoring was never intended for that purpose.


FHFA reverses course, will let VantageScore pitch model to GSEs


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


Equifax, FICO join forces to give banks one-stop analytics product


The new cloud-based solution is intended to help financial institutions make quicker credit decisions by integrating consumers’ histories with advanced software.


Lower FICOs, higher DTIs prompt a change in FHA loan underwriting


The Federal Housing Administration is returning to manual reviews of higher-risk loans it insures because it's finding that a growing share have lower credit scores, higher debt-to-income ratios, or both.


Can AI’s ‘black box’ problem be solved?


Bank technologists see the potential for AI in lending, money laundering detection, fraud and other areas. Regulators and bank executives insist on “explainability.”


FHFA would ban VantageScore from Fannie Mae, Freddie Mac credit scores


The Federal Housing Finance Agency has proposed barring Fannie Mae and Freddie Mac from using credit scores developed by VantageScore over concern about conflicts of interest with the joint venture of Equifax, Experian and TransUnion.