Credit risk stories

Creditinfo snaps up the remaining stake in KIB Latvia, giving it full control of the bureau and a bigger platform in the Baltic market.

Erste Group expands AI-driven lending model across eight markets, cutting manual pricing exceptions and lifting profit in small-business loans.

Ataccama rolls out AI Act evidence tools for banks, aiming to prove data quality at the point of use across lending, AML and fraud systems.

Simply Asset Finance and Lombard team up to widen SME lending across the UK through a wholesale facility and digital origination model.

UK SMEs stick with high street banks despite challenger rivals offering far higher savings rates and better protection options, Flagstone finds.

Plaid builds a foundation model to improve transaction analysis, lifting income classification and loan payment detection across financial services.

InDebted names Rob Young UK managing director as debt recovery firm steps up push in Britain's £60 billion consumer debt market.

FICO says banks should use dynamic profiling to flag vulnerable customers earlier, as UK unemployment hits 5.2% and pressure grows under FCA rules.

UK credit card spending drops in January while missed and repeat payments rise, signalling persistent strain on household finances.

nCino adds Argyle-powered tool to automate document income checks in its mortgage platform, targeting lenders when data feeds fall short.

UK credit cardholders carry record debt despite spending less, as weaker repayments push average balances to GBP £1,950, FICO data shows.

From job ads to image tools, AI is quietly amplifying gender bias - but with better data, design and oversight, we can reverse it.

Autonomous AI 'agentic customers' will upend banking, FICO warns, reshaping pricing, risk and customer ties as USD $3tn value beckons.

Half of fraud chiefs say fast-changing, AI-powered scams are outpacing their defences, forcing a shift to real-time, adaptive protection.

The FCA will bring buy now, pay later under tougher UK rules from July 2026, forcing stricter checks and clearer protections for borrowers.

FalconX rolls out up to 5x leveraged DeFi prime brokerage on Hyperliquid, unifying margin, risk and custody for institutional crypto traders.

Late payments now make up 37% of global pay cycles, with firms waiting 51 days on average to be paid, Sidetrade data reveals.

FICO has been named a Leader in Gartner's 2026 Magic Quadrant for Decision Intelligence Platforms, recognising its execution and vision.

Affirm extends Wayfair buy now, pay later to UK and Canada, offering instalment plans on higher-ticket home purchases amid tighter scrutiny.

Fico says by 2026 banking AI will be standard infrastructure, heightening fraud risks and putting CIOs and human cyber oversight centre stage.