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Credit risk Stories - Page 10

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

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
UK fintech Lenkie raises GBP £49m to boost SME financing
Credit risk

UK fintech Lenkie raises GBP £49m to boost SME financing

UK fintech Lenkie has secured GBP £49 million in Series A funding, aiming to transform payables financing for SMEs amid a £22 billion funding gap.

By Sean Mitchell • 3 min read • Wed, 5th Mar 2025
Australia & NZ invest in AI to enhance lending decisions
Unified Communications

Australia & NZ invest in AI to enhance lending decisions

Experian's study reveals Australian and New Zealand financial leaders are increasingly investing in AI and automation to enhance lending efficiency.

By Kaleah Salmon • 4 min read • Tue, 26th Nov 2024

Stories from Other Regions

Credit risk stories

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
State of the Nation
Manufacturing

State of the Nation

Business failures in New Zealand have steadied at elevated levels, with construction, services and retail still driving insolvency pressure.

By Staff Writer • 3 min read • Wed, 17th 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
Heed the heed warning signs
Manufacturing

Heed the heed warning signs

New Zealand firms are feeling the strain as insolvencies jumped 31% in the first quarter, with construction failures up 44%.

By Staff Writer • 3 min read • Wed, 7th May 2025
How the market is responding to OCR cuts
Bank of New Zealand

How the market is responding to OCR cuts

House values fell again in September, with lower rates yet to lift prices and mortgage stress still a risk for borrowers.

By Michael Curreen • 10 min read • Wed, 9th Oct 2024