Credit risk Stories - Page 2

UK Stories

Credit risk stories

FICO urges UK lenders to use AI in collections for payments

Rising missed card payments are straining UK collections teams, as FICO says AI could help lenders manage cases more efficiently and fairly.

By Sofiah Nichole Salivio • 4 min read • Last month

Risk & Compliance

UK credit card balances steady as payment rates fall

More borrowers are slipping into serious arrears even as overall card balances hold steady, according to FICO’s February data.

By Sofiah Nichole Salivio • 3 min read • Thu, 30th Apr 2026

Fintech

Absa boosts fraud prevention & collections with WhatsApp

Fraud checks and collections improved after Absa switched to WhatsApp messages, lifting self-solve cases and payments from distressed borrowers.

By Sofiah Nichole Salivio • 3 min read • Tue, 28th Apr 2026

Data Analytics

Creditinfo takes full control of Latvian credit bureau

The move gives the London-headquartered group full control of Latvian lender data services as it plans to expand investment and products.

By Sofiah Nichole Salivio • 3 min read • Wed, 22nd Apr 2026

DevOps

Ataccama adds AI Act audit evidence tools for banks

Banks face tighter proof demands under the EU AI Act as Ataccama adds pipeline checks to log data quality at the point of use.

By Karen Joy Bacudo • 5 min read • Wed, 15th Apr 2026

Fintech

Simply Asset Finance strikes lending pact with Lombard

The tie-up should widen asset finance access for UK small businesses, as Simply will originate loans through Lombard's wholesale facility.

By Karen Joy Bacudo • 3 min read • Tue, 14th Apr 2026

Fintech

UK SMEs favour high street banks despite lower rates

Many smaller firms are missing out on higher returns as most UK SMEs keep savings with high street banks despite weaker rates.

By Karen Joy Bacudo • 4 min read • Tue, 7th Apr 2026

Global Stories

Credit risk stories

Blockchain

DTCC backs tokenised collateral to cut funding costs

Banks could cut funding and capital costs as near real-time tokenised collateral promises faster movements across markets and time zones.

By Mark Tarre • 4 min read • Last month

Digital Transformation

Dun & Bradstreet partners Anthropic on compliance AI

The deal could speed up onboarding for banks and other regulated firms by automating identity checks while keeping an audit trail inside Claude.

By Mark Tarre • 4 min read • Last month

Data Analytics

Erste Group deploys FICO optimisation for retail lending

The rollout is set to sharpen loan pricing and cut manual exceptions as the bank expands algorithmic decisions across eight markets.

By Mark Tarre • 3 min read • Tue, 21st Apr 2026

Software-as-a-Service

Plaid unveils foundation model for transaction data

Banks and fintech groups could classify payments more accurately after the system lifted income detection 48% and cut fee errors.

By Karen Joy Bacudo • 4 min read • Tue, 7th Apr 2026

Stories from Other Regions

Credit risk stories

Digital Transformation

T-Mobile deploys FICO platform for zero-downtime onboarding

Zero outages now support more than 1 million monthly credit checks as T-Mobile prepares to expand home broadband and connected devices.

By Sofiah Nichole Salivio • 3 min read • Last month

Data governance

Audit committees want CFOs to bridge management board

Audit committees now want earlier, clearer updates from finance chiefs as volatility makes late reporting a bigger governance risk.

By Sean Mitchell • 5 min read • Last month

Digital Transformation

TP AI debt recovery matches human satisfaction in Asia

Banks in Asia are turning to AI collections tools as rising loan stress puts pressure on recovery rates and customer trust.

By Sofiah Nichole Salivio • 3 min read • Last month

Agricultural Technology

Indian tech leaders call for resilient AI & marketing

Resilience, trust and local language support are emerging as the priorities as Indian founders and marketers push AI deeper into daily business needs.

By Mark Tarre • 5 min read • Last month

Supply Chain

Fuel prices & rates reshape Australia's construction

Higher fuel and borrowing costs are starting to squeeze builders, with insolvencies likely to rise if Strait of Hormuz disruptions persist.

By Sean Mitchell • 4 min read • Last month

Fintech

Revolut partners Akahu on open banking credit cards

Borrowers in New Zealand could get quicker credit card approvals as Revolut taps regulated open banking data to replace paperwork with automated checks.

By Karen Joy Bacudo • 4 min read • Thu, 30th Apr 2026