Tag : FICO

FICO Enhances Lenders' Ability to Build Resilience into Credit Portfolios for Economic Uncertainty
Investment Services News

FICO Enhances Lenders’ Ability to Build Resilience into Credit Portfolios for Economic Uncertainty

Fintech News Desk
by Fintech News Desk0
FICO® Resilience Index used by more than 200 financial institutions FICO a leading analytics software firm, today announced that more than 2.5 billion FICO Resilience Index scores were delivered in the last 18 months. The FICO Resilience Index is an innovative analytic tool that leverages credit bureau data to augment......
FICO Insights More than 3 in 5 Indonesians Experienced a Drop in Income Due to Pandemic Many Will Switch Banks in 2022
Banking News

FICO Insights More than 3 in 5 Indonesians Experienced a Drop in Income Due to Pandemic Many Will Switch Banks in 2022

Fintech News Desk
by Fintech News Desk0
Intent to switch in 2022 notably higher than last year, especially for the mass affluent FICO, confirmed that the pandemic has aggravated financial hardship for retail banking consumers in Indonesia, with more than 3 in 5 experiencing a drop in income. It has also revealed that many are motivated to......
FICO and Network International Build on Partnership to Help Middle East and Africa Lenders Expand Digital Economy
Commerce News

FICO and Network International Build on Partnership to Help Middle East and Africa Lenders Expand Digital Economy

Fintech News Desk
by Fintech News Desk0
Network International now offers lenders advanced fraud protection across retail banking products backed by FICO credit decision systems FICO and Network International, the leading enabler of digital commerce across the Middle East and Africa (MEA), announced today that they have expanded their partnership to bring lenders the most powerful fraud......
FICO Survey Finds US Banking Consumers Are Changing Their Savings Behavior
Banking News

FICO Survey Finds US Banking Consumers Are Changing Their Savings Behavior

Fintech News Desk
by Fintech News Desk0
Research finds consumers using fintechs and digital banks are saving less Leading applied analytics company FICO released new research on consumer deposit and banking habits. The new research from FICO found only 42% of Americans contribute to their savings through automatic transfer or direct deposit, down from 47% in 2021.......
Akbank Uses FICO Prescriptive Analytics to Grow Credit Card Approvals 45% And Limits By 60%
Banking News

Akbank Uses FICO Prescriptive Analytics to Grow Credit Card Approvals 45% And Limits By 60%

Fintech News Desk
by Fintech News Desk0
Leading Turkish retail bank wins FICO® Decisions Award for AI, machine learning & optimization using FICO decision optimization technology Akbank, one of the largest retail banks in Turkey, has improved the way it makes offers to consumers for new credit cards and credit limit increases by leveraging mathematical optimization and action/effect......
FICO Joins NAWBO Advocacy Days to Highlight the Importance of Credit Education for Women Business Owners
Finance News

FICO Joins NAWBO Advocacy Days to Highlight the Importance of Credit Education for Women Business Owners

Fintech News Desk
by Fintech News Desk0
Congresswoman Claudia Tenney to provide introductory remarks leading up to a panel discussion on how credit impacts business growth for entrepreneurs As part of its “Score A Better Future” financial education program, leading applied analytics company FICO will be participating in the 2022 National Association of Women Business Owners (NAWBO)......
Elo Uses FICO Falcon Fraud Manager to Reduce Fraud by 30% Across Its Payment Network
Digital Payments E-commerce News

Elo Uses FICO Falcon Fraud Manager to Reduce Fraud by 30% Across Its Payment Network

Fintech News Desk
by Fintech News Desk0
Brazilian payment network provider wins FICO Decisions Award for fraud management Elo, one of the largest and most innovative payment providers in Brazil, has used FICO Falcon Fraud Manager to reduce fraud by 30 percent for card issuers using its payment network. The best-in-class cloud-based solution also managed to decline online......
Small to Midsize Banks Benefit from Reduced Fraud with Award-Winning Fiserv Solution Leveraging FICO Analytics
Digital Payments Finance News

Small to Midsize Banks Benefit from Reduced Fraud with Award-Winning Fiserv Solution Leveraging FICO Analytics

Fintech News Desk
by Fintech News Desk0
Payments and financial technology leader wins FICO® Decisions Award for AI, machine learning & optimization, using advanced fraud technologies Fiserv, a leading global provider of payments and financial services technology solutions, has won a 2022 FICO Decisions Award for AI, machine learning & optimization. Fiserv developed a new fraud mitigation service that......
TransUnion to Maximize Financial Inclusion Opportunities for the Nearly 100 Million Consumers Using BNPL Loans
debt collection Digital Payments News

TransUnion to Maximize Financial Inclusion Opportunities for the Nearly 100 Million Consumers Using BNPL Loans

Fintech News Desk
by Fintech News Desk0
New solution suite will help people using BNPL loans get credit for their payments today and establish credit long-term Up to 100 million U.S. adults* have used buy now pay later (BNPL) loans at least once in the past 12 months, but financial institutions currently do not have access to......
FICO Survey: Overconfidence Could Put UK Consumers at Risk from Scams
News Risk Management

FICO Survey: Overconfidence Could Put UK Consumers at Risk from Scams

Fintech News Desk
by Fintech News Desk0
FICO’s latest survey reveals consumers are more worried about identity theft than scams; one in four feels there aren’t enough security checks As more payments are made online, new research from global analytics software firm FICO suggests that consumers are overconfident about their ability to spot a scam. When asked......
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