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Article
25 Aug 2017

Studies have shown that credit scores built from positive (CCR) data are significantly more predictive that those built on negative credit data.

During CCR transition, lenders will be seeking confirmation that scores provided by Credit Reporting Bodies (CRB’s) such as Equifax are performing adequately on their population. Performance of scorecards will be particularly important for internal governance and assurance to various stakeholders, who will be concerned about the risks inherent in a changing credit reporting environment.

Article
17 Aug 2017

Being prepared for your transition to CCR is essential.

Article
03 Aug 2017

There are a number of ways that lenders can lessen the potential uncertainty of performance of various CCR characteristics when applied to their portfolios.

Article
27 Jul 2017

As the Government decides on deadlines for mandatory reporting, credit providers need to be prepared for the transition to CCR.

Article
13 Jul 2017

One of the challenges facing many organisations that wish to transition from a negative reporting environment to Comprehensive Credit Reporting (CCR) is how to introduce the new information without increasing the uncertainty of estimating future defaults and losses.

Article
06 Jul 2017

Evidence from the New Zealand CCR landscape shows that lenders not participating have suffered from increased adverse selection over the last twelve months.

Article
29 Jun 2017

Mandatory reporting may become a reality as the Government begins to set deadlines for the transition.

Article
22 Jun 2017

The 'Age of Big Data' is now here - but what does that mean for the retail credit industry?

Article
15 Jun 2017

Adverse selection will become a reality with the increase in consumption and supply of CCR data - but what exactly is it?

Article
07 Jun 2017

Negative data alone does not always provide the complete picture of an individual's creditworthiness. Utilising bureau data can help lenders better manage risk and improve customer experience.

 

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