SPOTLIGHT: Neural Networks for Next Level Performance

Data Scientists: Do you love the new machine learning techniques but still can’t wrap your head around how to explain your results? Have you been wondering how to use the latest machine learning techniques to generate better scores and increase the profitability for your organization? There is now a way to do this, while still [Read More…]

Can a new machine-learning technology transform credit assessment?

Data experts are excited about its potential Algorithms. Logistic regression. Both tried and true analytical methods. Yet, as much as these technologies have transformed key business processes such as lending, risk and credit assessment, new developments are getting the data scientists of the world really excited, and for good reason. Think: neural networks. It’s the [Read More…]

New Tax Cuts: Immediate Impact to Credit Expected?

As economists, we study the historical impacts of natural disasters, changes in government policy or actions by central banks so that we can make an educated ‘guess’ as to how the economy might respond to similar situations in the future. The new change in federal tax law is one such example. As part of our [Read More…]

3 Ways “Good Enough” Analytics May Be Hurting Your Financial Services Organization

Most financial services organizations already have adopted data and advanced analytics strategies. They typically use data to identify potential customers, segment customers using existing data sets, and implement retention programs. But alternative financial institutions, including online competitors, are turning up the pressure on the rest of the industry. In the face of competition from these [Read More…]

Early Payment Performance: Changing standards?

Assessing early payment performance on recent vintages for key tradelines provides a good barometer for lending conditions in the current economic climate. Segmenting and analyzing tradelines by origination quarter (vintage) helps lenders better understand portfolio performance in historical context. Examining the portfolio in this manner helps identify trends and uncover potential reasons for changes in [Read More…]

2017 Resource Round-Up: Insights at Your Fingertips

Ready access to valuable insights delivered to your inbox in 2017 Equifax shares a number of resources created to help you grow and protect your business 2017 was an eventful year across the financial services industry. As we prepare for the year ahead, we wanted to provide a look-back at the many resources created to [Read More…]

Household debt is creeping up. Cause for alarm? Not yet.

The latest U.S. Economic and Credit Trends Outlook webinar from Equifax featured guest speaker Cristian deRitis, Senior Director at Moody’s Analytics. In addition to the customary review of recent economic and consumer credit trends delivered by Equifax Chief Economist, Amy Crews Cutts, Cris presented a consumer credit forecast for 2018. Today’s post highlights a portion [Read More…]

Webinar On Demand: The Credit Impact of Hurricanes

Hurricanes Harvey, Irma, and Maria wreaked havoc across the South. Banks, lenders and dealers alike are left wondering what the full impact might be on their books of business. Join Equifax and Moody’s Analytics as we present new research on the potential impact of the recent hurricanes on consumer credit. INSIGHTS INCLUDE: The economic costs [Read More…]

Webinar on Demand: Nebulous Digital Marketing Investment is Dead

A thoughtful, data-driven strategy helps optimize spend—and results It’s not surprising how much companies are expected to spend on digital marketing over the next five years—$119 billion—but what you might not expect is how they’re spending it. Join Equifax as Mykolas Rambus, General Manager of Data-driven Marketing at Equifax, and guest speaker, Shar VanBoskirk, Principal [Read More…]

Register Now: The Credit Impact of Hurricanes

The Credit Impact of Hurricanes Hosted by Equifax and Moody’s Analytics December 13, 2017 at 1:00pm ET Hurricanes Harvey, Irma, and Maria wreaked havoc across the South. Banks, lenders and dealers alike are left wondering what the full impact might be on their books of business. Join Equifax and Moody’s Analytics on December 13 at [Read More…]