FICO stories
Developers using Kimchi can now route tasks to MiniMax M3, cutting costs and keeping code inside controlled enterprise environments.
Businesses can now route coding jobs to a lower-cost open-weight model as Cast AI makes Kimchi Coding the first autonomous agent to offer MiniMax M3.
The award highlights how Lloyds Banking Group is expanding automated risk decisions as banks face tighter regulatory scrutiny and customer expectations.
Higher margins and a record dividend followed Tech Mahindra’s FY26 as deal wins jumped and profit rose despite a tough macro backdrop.
The rollout is set to sharpen loan pricing and cut manual exceptions as the bank expands algorithmic decisions across eight markets.
Scams that trick people into authorising payments drove UK fraud losses to GBP £1.28 billion last year, FICO said.
Household finances are under growing strain as repayment rates fall and missed payments rise, with balances matching a record high.
Teenagers at Stamford Bridge are learning budgeting through a football club simulation as FICO begins its first UK financial education push.
Weak data pipelines and poor governance can now be checked inside the FICO Platform, as the software maker pushes firms towards safer AI use.
UK cardholders are missing more payments as fuel costs and softer spending put fresh pressure on household budgets.
Zero outages now support more than 1 million monthly credit checks as T-Mobile prepares to expand home broadband and connected devices.
Rising missed card payments are straining UK collections teams, as FICO says AI could help lenders manage cases more efficiently and fairly.
More borrowers are slipping into serious arrears even as overall card balances hold steady, according to FICO’s February data.
Fraud checks and collections improved after Absa switched to WhatsApp messages, lifting self-solve cases and payments from distressed borrowers.
Scam losses may top USD $1 trillion a year, forcing banks to use real-time intelligence and customer data to curb authorised push payments.
Dynamic profiling could give lenders around 40 days' warning of financial strain, as unemployment rises and FCA scrutiny on vulnerable customers grows.
The keynote could shape debate on how lenders use AI safely, as banks face pressure to show returns while curbing fraud and credit risk.
UK credit card spending drops in January while missed and repeat payments rise, signalling persistent strain on household finances.
AI-fuelled fintech mega-deals are surging, but most buyers lack the operating model and culture to turn shiny assets into real value.
UK credit cardholders carry record debt despite spending less, as weaker repayments push average balances to GBP £1,950, FICO data shows.
