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Credit risk Stories - Page 5

UK Stories

Credit risk stories

UK credit card balances hit record GBP £1,895 as repayments drop
Risk & Compliance

UK credit card balances hit record GBP £1,895 as repayments drop

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.

By Melania Watson • 4 min read • Wed, 17th Sep 2025
UK credit card balances rise to GBP £1,875, payments fall
Inflation

UK credit card balances rise to GBP £1,875, payments fall

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.

By Jed Nykolle Harme • 3 min read • Sat, 28th Jun 2025
UK credit card debt up as spending slows, missed payments rise
Data Analytics

UK credit card debt up as spending slows, missed payments rise

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.

By Jed Nykolle Harme • 4 min read • Thu, 5th Jun 2025
Entercard adopts FICO to boost fraud detection in Nordics
Data Analytics

Entercard adopts FICO to boost fraud detection in Nordics

Entercard adopts FICO's AI-powered platform to enhance fraud detection and prevention across the Nordic region, improving security and customer experience.

By Jed Nykolle Harme • 3 min read • Tue, 13th May 2025
UK credit card balances & missed payments on the rise
Fintech

UK credit card balances & missed payments on the rise

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.

By Jed Nykolle Harme • 3 min read • Thu, 1st May 2025

Global Stories

Credit risk stories

Sidetrade acquires EzyCollect to expand AI Order-to-Cash in APAC
Data Analytics

Sidetrade acquires EzyCollect to expand AI Order-to-Cash in APAC

Sidetrade expands into Asia-Pacific by acquiring Australia's ezyCollect for EUR €37 million, targeting SMBs with AI-powered Order-to-Cash solutions.

By Kaleah Salmon • 5 min read • Thu, 16th Oct 2025
Cloudera expands AI ecosystem with four new enterprise partners
Data Analytics

Cloudera expands AI ecosystem with four new enterprise partners

Cloudera expands its Enterprise AI Ecosystem with four new partners to enhance predictive modelling, workflow automation, and AI observability for businesses.

By Melania Watson • 4 min read • Fri, 26th Sep 2025
How to choose the right UA financing partner: A founder's guide
Gaming

How to choose the right UA financing partner: A founder's guide

Founders face growing choices in UA financing; this guide highlights how to select partners offering transparency, scalability, and support beyond just interest rates.

By Jeff Cohen • 7 min read • Thu, 14th Aug 2025
FICO named leader in Forrester AI decision platforms report
Data Analytics

FICO named leader in Forrester AI decision platforms report

FICO leads Forrester's AI decision platforms report, achieving top scores for its platform's innovation and decision-making capabilities among 15 vendors.

By Jed Nykolle Harme • 3 min read • Wed, 11th Jun 2025
Global financial leaders awarded for digital risk innovation
Data Analytics

Global financial leaders awarded for digital risk innovation

Andy Lawrie of Nationwide wins FICO Decision Hero Award for leading credit decision overhaul, boosting efficiency and compliance in financial services.

By Jed Nykolle Harme • 3 min read • Thu, 15th May 2025

Stories from Other Regions

Credit risk stories

Explainer: The spectacular collapse of Apple's Buzzle stores
Apple

Explainer: The spectacular collapse of Apple's Buzzle stores

Buzzle, formed as Apple's largest Australian reseller in 2000, collapsed within six months amid the dot‑com bust, sparking a precedent‑setting legal battle with Apple.

By Sean Mitchell • 6 min read • Thu, 23rd Oct 2025
New Zealand AI tool launched to expose risks in building sector
Email Security

New Zealand AI tool launched to expose risks in building sector

A New Zealand AI tool, CheckMyBuilder, helps homeowners and businesses spot risks with builders for NZD $49, using public records to flag issues before contracts.

By Jed Nykolle Harme • 4 min read • Fri, 10th Oct 2025
JPMorganChase tops AI Index as banks boost investment returns
Digital Transformation

JPMorganChase tops AI Index as banks boost investment returns

JPMorganChase leads the Evident AI Index as banks boost AI investments, with returns expected to nearly double to USD $2 billion amid rising adoption.

By Catherine Knowles • 6 min read • Thu, 9th Oct 2025
Machine learning boosts credit access & profitability in Australia
Data Analytics

Machine learning boosts credit access & profitability in Australia

Machine Learning boosts credit access and profitability in Australia, with 96% of firms noting better SME loan acceptance and improved bad debt rates.

By Catherine Knowles • 4 min read • Wed, 24th Sep 2025
Exclusive: Cloudera urges banks to rethink data for AI
Data Protection

Exclusive: Cloudera urges banks to rethink data for AI

Australian banks invest heavily in AI but struggle to realise value amid complex compliance, fragmented data, and rising customer trust concerns, experts say.

By Melania Watson • 5 min read • Mon, 25th Aug 2025
Experian & Stryd boost broker insights with open banking data
Fintech

Experian & Stryd boost broker insights with open banking data

Experian and Stryd have teamed up to offer Australian mortgage brokers enhanced client insights using open banking data and product pricing.

By Kaleah Salmon • 3 min read • Fri, 11th Jul 2025
CreditProtect launches in Australia to offer SMEs AI-powered credit reports
Software-as-a-Service

CreditProtect launches in Australia to offer SMEs AI-powered credit reports

CreditProtect launches in Australia, offering SMEs affordable, AI-driven credit reports through a new platform backed by Experian and illion data partnerships.

By Catherine Knowles • 3 min read • Thu, 3rd Jul 2025