918 articles tagged with this keyword
News/Credit referencing and support
State-owned Bradford & Bingley (B&B) has outsourced its credit risk management to London-based consultancy Euristix as it winds down its mortgage business.
08 April 2009
Fair Isaac, the Minneapolis-based provider of credit scoring technology, is cutting 250 jobs worldwide in a bid to reduce operating expenses for 2009 by $40 million.
08 January 2009
UK consumers that fall victim to identity theft will now need to contact just one credit referencing agency - rather than three - to restore their credit records.
13 August 2008
Germany's Commerzbank has migrated its loans processing operations to the SAP for Banking platform.
26 June 2008
Fair Isaac, the Minneapolis-based provider of credit scoring technology, is cutting 420 jobs and shedding several business units under a restructuring programme designed to boost revenue and cut costs by $100 million a year.
02 April 2008
Credit referencing agency Experian has filed a lawsuit against LifeLock - which operates an ID theft prevention service - for allegedly placing fraud alerts illegally on customer credit files it maintains.
21 February 2008
Credit information agency Experian has acquired an initial 65% stake in Serasa, a bank-owned credit bureau based in Brazil, for $1.2 billion.
26 June 2007
US banking giant Citigroup is rolling out the CreditMark loan pricing platform from credit risk outfit Moody's KMV to its global client base and internal trading desks.
07 March 2007
The UK's Co-operative Financial Services (CFS) has installed CRM technology from Experian which provides an up-to-date risk assessment of all customers and highlights any changes in financial status. The implementation comes amid rising concerns among banks about high levels of personal debt and the impact of individual voluntary arrangements (IVAs) on credit quality.
05 January 2007
Credit information agency Experian has acquired Eiger Systems, a UK provider of bank account validation and payment processing software. Financial terms of the deal were not disclosed.
22 June 2006
Minneapolis-based Fair Isaac is cutting 200 jobs as part of a broad restructuring plan that includes shifting some work to its offshore centre in India.
16 June 2006
Connecticut-based People's Bank has become the latest US financial firm to lose confidential data after a tape containing information on around 90,000 customers went missing while in transit to a credit reporting bureau.
12 January 2006
UK credit card issuers Abbey, Barclaycard, the Co-operative Bank and Egg have agreed to start sharing data on how cardholders manage their debt.
02 December 2005
The top three credit reporting agencies in the US - Equifax, Experian and TransUnion - have agreed to adopt a single, shared encryption standard to better protect customer data.
23 September 2005
Nigeria's United Bank for Africa (UBA) has implemented technology from US-based Fair Isaac to support its credit application processing.
03 June 2005
GUS plc has publicly confirmed plans to spin off its information services subsidiary Experian.
25 May 2005
UK banking group HBOS has signed a five year contract, worth £40 million, with Experian for the supply of credit referencing and fraud detection services.
30 September 2004
Austrian banking group Raiffeisen Zentralbank (RZB) is implementing Fair Isaac's Debt Manager product to standardise debt collection processes across its European operations.
21 September 2004
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