EFY Times  
Monday, November 30, 2015

Fair Isaac, High Mark Launch Global FICO Score For Indian Lenders
Home >> Infotech >> Product Launch
Fair Isaac, High Mark Launch Global FICO Score For Indian Lenders  
Lenders will be able to use Global FICO Score at all stages in the consumer credit lifecycle.   
Rate this news:  (1 Votes)
Fair Isaac Corporation, a provider of analytics and decision management technology, has forged an alliance with High Mark Credit Information Services of India to introduce Fair Isaac's global-standard FICO credit risk scoring technology to Indian lenders. The flexible design of Global FICO Score will enable High Mark to mitigate challenges in the rapidly evolving Indian marketplace that today hamper empirical developments of credit bureau scores.

Global FICO Score is a scalable solution for both mature and emerging credit markets where the volume and depth of credit bureau data are evolving at an accelerated rate. Lenders will be able to use Global FICO Score at all stages in the consumer credit lifecycle to improve decisions throughout the lending process, from account acquisition and account origination to full portfolio management.

Shared Lisa Nelson, vice president, Global Scoring, Fair Isaac, "Fair Isaac scientists designed Global FICO Score for quick implementation in new markets. That makes it an ideal solution for Indian lenders at this stage in their market's rapid evolution. Working with High Mark, we expect to set the standard for credit risk assessment in India for many years to come."

While talking about the new Global FICO Score, Dr Anil M. Pandya, executive chairman, High Mark Credit Information Services, which is awaiting its certificate of operation from the Reserve Bank of India, said, "Such a powerful tool, along with training and consulting support from Fair Isaac's experts, will help our members to significantly sharpen their evaluation of consumer risk, streamline their decision processes and increase their profitability. Global FICO Score will enhance Indian lenders' existing toolsets with unique technology, allowing them to take their risk management capabilities to an even higher level."

Global FICO Score also may assist Indian lenders to meet their Basel II and other regulatory compliance requirements.

Print Email Post Comment  (1)
(Total Views: 4720)



Luiz da Silva   1790 days ago

Appreciate the availability of the article, but it would be nice if there were some sort of date attached to it so that I could know how old (or new) the information is.
Infotech News
SP/ Silicon Power Announces Flagship CompactFlash Memory Card – Superior CF 1100X Born For Ultimate Performance
Draft National IPR Policy To Hamper The Growth In Indian Mobile Phone Industry - ICA
RLE INTERNATIONAL Announces Aggressive Expansion Plans For India
5 Hidden Features Of Android Smartphone
F Secure Ensures Worry-Free Internet Experience For The Panache Air PC Computer-On-A-Stick
Most popular


5 Hidden Features Of Android Smartphone
Smart-Recommendations Based Grocery App ‘Terraa’ Launches In Bangalore
Arrow Electronics Names Andy King As President Of Global Components Business
PollenTech Joins The ARM mbed Partner Ecosystem
Panasonic Selects Anaqua For End-To-End Intellectual Property Management
United States Warehousing And Storage Market 2015-2019 With AmeriCold Logistics, CEVA Logistics, DHL, GENCO & Kuehne + Nagel Dominating
Keysight Technologies Launches Reference Solution For Automotive Electronic Module Test
Alion Awarded $63M Navy Contract For Submarine Mechanical And Electronics Systems Support
NeuroMetrix To Showcase Quell Wearable Pain Relief At CES Unveiled
Morpho And Telit Contribute To IOT-Based Emergency Response Project To Save Lives On Russian Roads



5 Hidden Features Of Android Smartphone
The largest mobile operating system platform is full of hidden tricks and features....
8 Facebook Tricks That You Must Know
It's time to start using Facebook like a pro....
Top 5 Games For Android Smartphones
Here are top free games that you can enjoy on your Android device....
4 Chrome Extensions To Get The Most Out Of Gmail
You can boost productivity of Gmail by using these extensions....
Top 5 Smartphones That You Can Buy Under Rs 7,000
Are you planning to buy a mid-range smartphone with good performance? Here are your choices!...
13 Run Prompt Shortcuts That You Must Know
Run commands can save lot of your time and help you troubleshoot, customize your Windows....
5 Most Powerful People In Tech World
Here are some personalities, who are most influential in technology landscape....
Top 5 Products Open Sourced By Tech Giants
Releasing internal products to the open-source community is the new trend followed by technology giants....
Top 10 Interesting Facts About Microsoft Windows
World's largest operating system just turned 30 years old....
Top 5 Phones With 3GB RAM Under Rs 15,000
Here are top 5 affordable performance phones that you can buy today....
8 Hidden Features Of iOS 9
Find out 8 interesting things you didn't know you could do with your iPhone....
Here's How You Can Get New Google+
Google has pushed a newly designed version of it's social networking platform for users....
15 Toughest Questions Asked In Apple Interview
Eying for your dream job at Apple? Find out how many questions you can answer....
6 Things You May Not Know About Google Nexus 5X
Google's latest flagship Nexus device starts at Rs 31,900/-...
6 Reasons Snapdragon 820 Will Change Smartphones In 2016
The chip manufacturing industry leader, Qualcomm has unveiled it's next generation smartphone processor....
  View All
Meet Pranjal Saxena, India's 21 Year Old Electronics Wizard
Milan Ondhia of EFYTimes was in a forthright conversation with the 21 year old Pranjal Saxena from New Delhi; an aspirant at the WorldSkills meet, in ...
“We Offer Managed Document Solutions To CIO And IT Decision Makers”: Canon
Manufacturing within the country will surely reduce the cost of our devices, but manufacturing can begin only if there is the desired eco-system and w...
“One Day The End User Can Open Up A Used Battery, And Use What’s Inside As Barbecue Sauce”
Of course that is not something currently possible, but what B&B Batteries does have are some secret recipes for their very specialised battery design...
We Wish To Procure All The LED Components Within India: Avni Energy
G. Gururaja, director, Avni Energy Solutions Pvt Ltd, shares his views about the expanding LED industry in the Indian market and the company's plans i...
We Have Registered 50 Per Cent Growth In The Last Two Years: Arihant Lighting
Apart from LEDs, Arihant is associated with the promotion of renewable energy in India and therefore, manufactures various energy saving products....
  View All
First Look: LG Optimus G
The phone sports a high-end display and comes powered by a powerful processor. ...
Create QR-Codes For Free
TEC-IT releases the freeware QR-Code Studio to provide a quick and convenient way of QR code creation for every application scenario....
DoT Secretary Shares Plans For Growth Of Telecom Sector
M.F. Farooqui has recently taken charge as secretary, Department of Telecom....
Hands-On: Sony Xperia Z
Xperia Z is Sony's first entrant model in the big-screen smartphone category. ...
Hands On: Videocon A30 Smartphone
Videocon, the consumer electronics company which is known for its refrigerators, washing machine and air-conditioner has unveiled its Android-based sm...
View All
IFA 2014
IFA 2014: LG Launches 34-Inches Curved Monitor
The company is yet to confirm price and availability of the device....
IFA 2014: Intel Launches First Core M Range Of Processors
This range of processors is tailor-made for 2-in-1 devices which include a tablet and a laptop....
MWC 2014: Tablet Lets People Feel Textures On Its Screen
Now feel what you see on your tablet, by way of ultrasonic waves....
MWC 2014: 4K Android Tablet Games To Kill Consoles, iPad
Tablet makers like Samsung want to beat the iPad by making 4K tabs. ...
MWC 2014: This Vodafone Backpack Helps Get Network In Disaster Situations
Two engineers of Vodafone New Zealand displayed the "mini" mobile network by Vodafone substructure in a backpack. ...
MWC 2014: Wilocity Chipset To Bring 'Lightening' Speed To Mobile Phones
Wilocity has developed a WiGig chipset for mobile phones that will bring lightning-fast wireless capability ...
MWC 2014: Samsung Introduces Octacore, Hexacore Chipsets
The Korean giant, Samsung unveiled two new octacore and hexacore chipsets at MWC 2014, in Barcelona. The company previously used Exynos 5 Octa 5410 ch...
View All
19th Consumer Electronic Imaging Fair To Be Held On ...

View All

home archives contact us advertise with us
Magazines Portals Directories Events News Verticals Educational Institute  
Electronics for You
Open Source for You
Electronics Bazaar
Electronics Annual Guide
EFY Awards
Linux & Open Source
Consumer Electronics
Science & Technology
EFY Techcenter

Educational Kits
© Copyright 2015 EFY Enterprises Pvt. Ltd.
All rights reserved. Reproduction in whole or in part in any form or medium without written permission is prohibited.
Usage of the content from the web site is subject to Terms and Conditions