Tag : FICO

FICO and Net.Bit Partner to Give EMEA Financial Services Institutions Fast Track to Efficiency and Decision Power
Compliance management Fintech News

FICO and Net.Bit Partner to Give EMEA Financial Services Institutions Fast Track to Efficiency and Decision Power

Business Wire
Partnership will offer SaaS decision management solutions and bolster financial crime compliance Analytics software provider FICO has partnered with IT consultancy firm Net.Bit to elevate operational efficiency, bolster security measures, and ensure regulatory compliance for financial institutions in Europe, the Middle East and Africa. Net.Bit will sell and implement FICO’s......
FICO Survey: 1 in 3 Indians Worried About Being Scammed As Real-Time Payment Risks Grow
Analytics Digital Payments News

FICO Survey: 1 in 3 Indians Worried About Being Scammed As Real-Time Payment Risks Grow

Business Wire
34% of Indians are most concerned about being tricked into making payment to a criminal Highlights Payment Fraud is the top financial crime concern for 34% of Indians Identity theft worries persist, with 37% believing they have or might have been victims Real-time payment scams are on the rise, with......
Cognizant and FICO Partner to Help Banks Prevent Real-Time Payments Fraud
Digital Payments News

Cognizant and FICO Partner to Help Banks Prevent Real-Time Payments Fraud

PR Newswire
Cloud-based solution provides banks and payment providers with fraud protection powered by artificial intelligence and machine learning Cognizant announced a planned collaboration with FICO, a leading analytics software company, to launch a cloud-based real-time payment fraud prevention solution powered by FICO Falcon Fraud Manager. The joint offering would leverage both firms’ artificial intelligence (AI) and......
HSBC-Achieves-15%-Uplift-in-Monthly-Card-Spend-Using-FICO’s-AI-Powered-Optimization
Artificial Intelligence Fintech News

HSBC Achieves 15% Uplift in Monthly Card Spend Using FICO’s AI-Powered Optimization

Business Wire
The project saw a 15% uplift in monthly spend by customers on their cards, as well as improvements in active card use and share of wallet, without increasing bad debt. HSBC has won a 2024 FICO Decisions Award for AI, Machine Learning and Optimization. Highlights: HSBC is using FICO Platform......
FICO-Platform-Produced-a-Significant-Return-on-Investment-for-Businesses-According-to-New-Total-Economic-Impact-Study
Fintech Investments News

FICO Platform Produced a Significant Return on Investment for Businesses According to New Total Economic Impact Study

Business Wire
The report examines the ROI enterprises received by deploying the platform from different stages in various industries over three years. Highlights: A commissioned study conducted by Forrester Consulting, on behalf of FICO, found that FICO® Platform customers noted improved customer retention, significant cost savings by upgrading legacy infrastructure, and heightened......
FICO-Makes-Credit-Education-Pit-Stop-in-Dover-to-Host-Financial-Literacy-Event
Finance Fintech News

FICO Makes Credit Education Pit Stop in Dover to Host Financial Literacy Event

Business Wire
Score A Better Future event attendees will have the opportunity to learn from FICO credit education experts about FICO® Scores, as well as experts from Money Management International (MMI). In advance of FICO making their Dover Motor Speedway debut as Primary Partner of Richard Childress Racing’s No. 8 FICO Chevrolet......
FICO Survey Indonesian Focus on Identity Theft Persists Amidst Escalating Real-Time Payment Risks
Finance Fintech News

FICO Survey: Indonesian Focus on Identity Theft Persists Amidst Escalating Real-Time Payment Risks

Business Wire
The study reveals that identity theft (36%) remains the predominant worry among Indonesians, exposing individuals to various risks, including financial loss, compromised credit scores, and the arduous process of restoring financial integrity. Highlights Identity theft worries persist, with 36% of Indonesians fearing fraudsters opening accounts A noticeable gap exists, as......
New FICO Survey: Fraud Protection is #1 Consideration for Majority of Consumers Selecting a New Financial Service Provider
Finance Fintech News

New FICO Survey: Fraud Protection is #1 Consideration for Majority of Consumers Selecting a New Financial Service Provider

Business Wire
Financial service providers must adopt a robust hybrid-banking model to retain customer trust and ensure easy account openings 69% of consumers rank good fraud protection in their top three considerations when choosing a financial service provider. 65% of customers still find value in the information and services available at brick-and-mortar......
FICO UK
Banking Digital Payments Fintech News

FICO UK Released the Fraud, Identity, and Digital Banking Consumer Survey 2023

Fintech News Desk
Fraud protection was cited as the highest priority for individuals when choosing a provider for a new financial account. A new study- Fraud, Identity, and Digital Banking Consumer Survey 2023 – United Kingdom of 1,000 UK consumers by global analytics software FICO has highlighted the customer acquisition and retention advantages......
FICO Announces Earnings of $4.01 per Share for Fourth Quarter Fiscal 2023
Finance Fintech News

FICO Announces Earnings of $4.01 per Share for Fourth Quarter Fiscal 2023

Business Wire
FICO, a leading predictive analytics and decision management software company, today announced results for its fourth fiscal quarter ended September 30, 2023. Fourth Quarter Fiscal 2023 GAAP Results Net income for the quarter totaled $101.4 million, or $4.01 per share, versus $90.7 million, or $3.55 per share, in the prior......
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