India’s Axis Bank is going to deploy FICO’s Blaze Advisor to
manage its credit card portfolio and handle processing of all
retail loans.
Axis Bank’s head of consumer lending Jairam Sridharan said that
FICO Blaze Advisor would make the bank more responsive to market
changes while making more consistent decisions.
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The Indian had already been FICO’s application risk scorecard in
its personal loan business.
Sridharan said: “We can centralise management of our strategies,
and deploy new predictive analytics faster than ever before.
Ultimately, we expect to be more streamlined and more competitive
by building a common decision platform for originations, customer
management and collections.”
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