EU, Slovakia and FICO
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FICO (NYSE: FICO), global analytics software leader, today released a new white paper revealing that FICO® Score 10 T – the company’s most predictive and inclusive credit scoring model to date – overwhelmingly outperforms VantageScore 4.
Fannie Mae and Freddie Mac’s regulator says VantageScore can now be used to underwrite home loans, weighing on FICO’s stock.
FICO is the first major credit score provider to incorporate BNPL information into its credit scores, the company said in a press release. But other leading credit score companies may follow FICO’s lead, bringing more clarity to a borrower’s use of lending solutions.
You want that new computer, but your bank account says, “Try again next month.” So, you click “Pay in 4,” and boom, problem solved. Buy Now, Pay Later (BNPL) apps have made it convenient to split payments into smaller chunks without racking up credit card bills.
FHFA Director William Pulte said that lenders may now use VantageScore 4.0, an alternative to the FICO score, while assessing applicants.
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MEPs raise alarm over media intimidation, political retaliation, and democratic backsliding, drawing parallels with Hungary’s trajectory.
The proposal of the European Commission on gas will damage the Slovak economy and reduce the competitiveness of the entire European Union. This was announced on July 14 by Prime Minister of Slovakia Robert Fico.
The FICO European Fraud Map 2024 has revealed a worrying trend of rising card fraud levels and losses across the continent. The data from Euromonitor International on 18 countries shows that Card Not Present (CNP) fraud dominates card fraud losses and has increased across most countries.
ET - The Federal Housing and Finance Agency decision allowing mortgage lenders to look at another credit score measure besides Fair Isaac Corp.'s FICO scores when assessing applicants is unlikely to weaken the company's market position,
FICO said it'll start including buy now pay later in credit scores. That could hurt the growing share of users who are missing payments. What to know.
BANSKA BYSTRICA, Slovakia (Reuters) -A Slovak court will begin the trial on Tuesday of a man who shot and seriously wounded Prime Minister Robert Fico in May last year, an attack that both exposed and exacerbated political and social divisions in the small central European country.
Federal Housing Finance Agency director Bill Pulte announced that lenders may start using VantageScore, a rival to the Fair Isaac Corporation, the company behind the widely recognized FICO score, to assess creditworthiness for government-sponsored Fannie Mae or Freddie Mac mortgages.