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FICO® Resilience Index Can Improve Card Account Management

FICO

New in-depth analysis indicates that, while recent overall bankcard default rates remained low by historical measures, those consumers identified as the least resilient prior to the pandemic have turned out to represent a much higher proportion of seriously delinquent accounts while also carrying significantly higher bankcard balances.

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Fintech Fundings: 12 Companies Raise $205 million Week Ending June 18

Fintech Labs Insights

Finovate alum, Azimo landed the biggest round outside the lending sector, $20 million at a $100 million valuation. HQ: New York City. P2P mortgage lending. HQ: Albuquerque, New Mexico. HQ: Brooklyn, New York. Year-to-date, $7.7 billion has been invested in the sector. Total raised: $120.8