MINNEAPOLIS — Fair Isaac Corp. will soon be offering a new decision tool kit for lenders that the company said will "provide deeper insight into the future debt sensitivity and default risk" of individuals and loan portfolios.

Available in the second quarter, the new Fair Isaac Risk Management Suite includes the latest FICO 08 Score credit bureau risk score, a new "Credit Capacity Index" score, portfolio stress testing analytics, and educational modules.

The company said lenders will be able to use FICO O8 Scores with only minimal changes to their current operating systems.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
  • Educational webcasts, white papers, and ebooks from industry thought leaders.
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.