Fair Isaac Adds Collection Score
Fair Isaac Corp., the a provider of analytics and decision management technology, has unveiled a comprehensive new suite of predictive scores at its 2007 Collections and Recovery User Group meeting here. Available immediately, Fair Isaac Collection Scores are designed to help financial service firms in North America and the United Kingdom improve collection decisions and operational efficiency, the company said.
Fair Isaac Collection Scores are designed to fine-tune lenders' ability to prioritize accounts in early-stage collections for both card and loan portfolios. Using early-stage collection scores, credit grantors can segment a portfolio based on accounts' risk of rolling to later delinquency stages.
"Fair Isaac Collection Scores build upon Fair Isaac's extensive experience in developing innovative analytic technologies for the collections and recovery industry," said Sally Taylor-Shoff, vice president of product management, analytic products at Fair Isaac, in a news release. (c) 2007 Mortgage Servicing News and SourceMedia, Inc. All Rights Reserved. http://www.mortgageservicingnews.com/ http://www.sourcemedia.com/