A New Approach to Credit Scoring

In the wake of the recession, and with a rocky recovery in the UK, lenders need to get a more holistic view of borrower risk. FICO and Equifax have partnered to bring two new scores to the UK market, to indicate a consumer's credit capacity and show how their risk will change in a future economic scenario. Mike Gordon, vice president and managing director of EMEA for FICO, explains the goals in this FICO Tech Talk with Darcy Sullivan.

Comments

[Gap Year South Africa]

Mr. Darcy Sullivan explained about analytical technology in decision management very clearly..
Mr. Mike Gorden v.p of FICO, his speech cleared all my doubts.. thanks for posting such valuable video.

[Business Credit Blogger]

Interesting. Banks will always find new ways to protect themselves while the consumer continues to bleed off interest month after month, then more taxes to bail out the banks they're propping up daily.