Fintechs slam the FICO score. The company’s CEO says it’s evolving.
Fintechs slam the FICO score. The company’s CEO says it’s evolving.
Consumer advocates and fintechs say the traditional credit score and lending systems that use it are murky and perpetuate bias. FICO’s leader points out that new FICO scores use expanded data sets, just as fintechs do.
- Fintech |
- FICO |
- Technology
You can contact us to get more choices
0
You can contact us to get more choices
Related posts
Consumer advocates and fintechs say the traditional credit score and lending systems that use it are murky and perpetuate bias. FICO’s leader points out that new FICO scores use expanded data sets, just as fintechs do.
Consumer advocates and fintechs say the traditional credit score and lending systems that use it are murky and perpetuate bias. FICO’s leader points out that new FICO scores use expanded data sets, just as fintechs do.
Dive Brief:
Construction software firm Procore is expanding into the fintech sector, hoping to capitalize on payment gaps in the material procurement process for subcontractors, CEO Tooey Courtemanche said during the company’s Q2 earnings call last week. Popular in a variety of industries, fintech products are software and other online innovations used to enable financial or banking services.
The expansion is partly enabled by Procore's 2021 acquisition of payment and lien process management ...
Dive Brief:
Construction software firm Procore is expanding into the fintech sector, hoping to capitalize on payment gaps in the material procurement process for subcontractors, CEO Tooey Courtemanche said during the company’s Q2 earnings call last week. Popular in a variety of industries, fintech products are software and other online innovations used to enable financial or banking services.
The expansion is partly enabled by Procore's 2021 acquisition of payment and lien process management ...
What financial actions affect a FICO score? What credit score does Fannie Mae require? Does one's income matter on a FICO score? Watch this video to know more!
https://garyandjason.com/
ABOUT US:
The O.C. Realtor Talk Show is a platform hosted by Jason Schnitzer and Gary Riphagen, top real estate agents in Orange County. O.C Realtor Talk showcases tips, ideas, and guides for home buying, selling, and investing. We believe that buying or selling your home is one of if not THE largest financial ...
What financial actions affect a FICO score? What credit score does Fannie Mae require? Does one's income matter on a FICO score? Watch this video to know more!
https://garyandjason.com/
ABOUT US:
The O.C. Realtor Talk Show is a platform hosted by Jason Schnitzer and Gary Riphagen, top real estate agents in Orange County. O.C Realtor Talk showcases tips, ideas, and guides for home buying, selling, and investing. We believe that buying or selling your home is one of if not THE largest financial ...
Despite a quarter-over-quarter increase in purchase order volume, title insurance firm Doma still recorded a net loss in the second quarter.
The post Doma says it’s still on the path to profitability appeared first on HousingWire.
Despite a quarter-over-quarter increase in purchase order volume, title insurance firm Doma still recorded a net loss in the second quarter.
The post Doma says it’s still on the path to profitability appeared first on HousingWire.
Nick Bailey, RE/MAX CEO, joins 'Power Lunch' to discuss recent housing demand, what's driving the current hot real estate market and how Bailey sees home office work evolving.
Nick Bailey, RE/MAX CEO, joins 'Power Lunch' to discuss recent housing demand, what's driving the current hot real estate market and how Bailey sees home office work evolving.
Glenn Kelman, Redfin CEO, joins 'Closing Bell' to discuss how bad the new home sales data truly is, what he is seeing in terms of trends and what this news means for Redfin's stock.
Glenn Kelman, Redfin CEO, joins 'Closing Bell' to discuss how bad the new home sales data truly is, what he is seeing in terms of trends and what this news means for Redfin's stock.
Fintech 50 2022: The Newcomers For our seventh annual Fintech 50, 25 of our picks have never appeared on the list. Crypto companies and startups trying to make banking cheaper and more accessible for small businesses made a particularly strong showing. Last year, as the pandemic continued to push more buying and banking online and the price of both bitcoin and tech stocks climbed, venture capitalists poured money into fintech— a total of $133 billion globally, almost three times the $49 billio...
Fintech 50 2022: The Newcomers For our seventh annual Fintech 50, 25 of our picks have never appeared on the list. Crypto companies and startups trying to make banking cheaper and more accessible for small businesses made a particularly strong showing. Last year, as the pandemic continued to push more buying and banking online and the price of both bitcoin and tech stocks climbed, venture capitalists poured money into fintech— a total of $133 billion globally, almost three times the $49 billio...
Imagine you’ve finally finished a long day at work. You kick off your shoes, grab your dinner, turn on your TV and boot up…a construction simulator. Filled with excavators, cranes and more, the Construction Simulator series was originally created in 2011 by German game developer Astragon Entertainment and software firm Weltenbauer and has since spawned several mobile iterations. Today, it has licensing agreements with recognizable American and German construction brands like Bobcat, CAT, ...
Imagine you’ve finally finished a long day at work. You kick off your shoes, grab your dinner, turn on your TV and boot up…a construction simulator. Filled with excavators, cranes and more, the Construction Simulator series was originally created in 2011 by German game developer Astragon Entertainment and software firm Weltenbauer and has since spawned several mobile iterations. Today, it has licensing agreements with recognizable American and German construction brands like Bobcat, CAT, ...
We sat down with Steve Sussman, Nationwide Appraisal Network's chief business development officer, to talk about the company's growth.
The post NAN’s Steve Sussman on the company’s growth strategy appeared first on HousingWire.
We sat down with Steve Sussman, Nationwide Appraisal Network's chief business development officer, to talk about the company's growth.
The post NAN’s Steve Sussman on the company’s growth strategy appeared first on HousingWire.
Surging mortgage interest rates are slamming the brakes on the housing market. Higher mortgage rates, which climbed past 6% last week, are likely to eventually douse the relentless escalation of home prices. But their most immediate impact will be to force many buyers to put their dreams on hold as the cost of homeownership slips out of their financial reach. “Whenever you get mortgage rates moving up that fast, it’s just a shock to the system. It almost paralyzes potential homebuyers,” sa...
Surging mortgage interest rates are slamming the brakes on the housing market. Higher mortgage rates, which climbed past 6% last week, are likely to eventually douse the relentless escalation of home prices. But their most immediate impact will be to force many buyers to put their dreams on hold as the cost of homeownership slips out of their financial reach. “Whenever you get mortgage rates moving up that fast, it’s just a shock to the system. It almost paralyzes potential homebuyers,” sa...