Tag : FICO

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......
FICO Launches Powerful Next-Generation Originations Solution for Digital-First Account Openings
Fintech News

FICO Launches Powerful Next-Generation Originations Solution for Digital-First Account Openings

Fintech News Desk
by Fintech News Desk0
With FICO Originations Solution, Powered by FICO Platform, financial institutions can put their customers in the driver’s seat. Highlights FICO launched its next-generation loan origination solution, FICO Originations Solution, Powered by FICO Platform, which provides financial services providers the ability to transform their customers’ digital onboarding experience. Built on FICO......
FICO Research: Digital Literacy vs. Financial Literacy, Digital Preferences Vary by Generation
Banking Fintech Mortgage News

FICO Research: Digital Literacy vs. Financial Literacy, Digital Preferences Vary by Generation

Fintech News Desk
by Fintech News Desk0
Digital literacy does not equate to financial literacy as nearly one third of Gen Z prefer to open bank accounts over phone or by mail, showing a surprising digital divide when compared with those more senior to them HIGHLIGHTS: FICO released new research looking at the impact of COVID-19 on......
Hoist Finance and FICO Win Award for Digital Collections Programme in Germany and UK
Business Digital Fintech News

Hoist Finance and FICO Win Award for Digital Collections Programme in Germany and UK

Fintech News Desk
by Fintech News Desk0
European consumer debt purchaser improves debt management experience for banks’ customers and creates savings using FICO® Platform and consulting FICO Platform operationalizes predictive models and scores to deliver fairest customer experience and help borrowers manage debt repayments Between 20,000 and 40,000 decisions rules implemented per country, starting with Germany and UK Hoist......
Slovakia's Top Bank Slovenská Sporiteľňa to Sharpen Lending Strategies with FICO AI-Powered Optimization
Banking Digital Fintech News

Slovakia’s Top Bank Slovenská Sporiteľňa to Sharpen Lending Strategies with FICO AI-Powered Optimization

Fintech News Desk
by Fintech News Desk0
Leading Slovakian lender set to use FICO® Decision Optimizer to make the best credit offers  Slovenská sporiteľňa, the largest commercial bank in Slovakia, has chosen FICO® Decision Optimizer to increase profitability and improve portfolio management for its cash loan portfolio. Using FICO’s advanced AI-powered optimization, the bank will develop data-driven lending strategies to......
FICO Partners with Leading National Small Business Organizations to Empower Entrepreneurs with Credit Education
Business Finance Fintech News

FICO Partners with Leading National Small Business Organizations to Empower Entrepreneurs with Credit Education

Fintech News Desk
by Fintech News Desk0
FICO Hosts Free Financial Education Event to Support Small Business Owners in Achieving Their Entrepreneurial Goals Leading analytics software firm FICO, is proud to announce partnerships with preeminent small business organizations, Small Business Roundtable (SBR), National Association of Women Business Owners (NAWBO) and the United States Hispanic Chamber of Commerce......
FICO
Digital Finance News

New Report from Corinium and FICO Finds that Lack of Urgency Around Responsible AI Use is Putting Most Companies at Risk

Fintech News Desk
by Fintech News Desk0
Research examines how global organizations are deploying AI and progress on ensuring AI is used ethically, transparently, securely and in their customers’ best interests  Highlights:  FICO and Corinium today released its second annual executive research report on Chief Analytics, Chief AI, and Chief Data Officers  65% of respondents’ companies can’t explain how......
Greece's Eurobank Detects Money Laundering Attempts Across Bank with FICO Solution
Banking Business Fintech News

Greece’s Eurobank Detects Money Laundering Attempts Across Bank with FICO Solution

Fintech News Desk
by Fintech News Desk0
One of Greece’s 4 systemic banks meets new regulations with an advanced solution, winning 2021 FICO Decisions Award for Regulatory Compliance Highlights: Eurobank, one of the four systemic banks in Greece, has responded to new European regulations by broadening its use of FICO compliance solutions to cover all stages of the......
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