Digital Decisioning Platforms: Your Secret for Transformational Success

Digital Decisioning Platforms: Your Secret for Transformational Success

“FICO leaves no decisioning stone unturned. There are no holes to poke in FICO Decision Management Suite.” - Forrester

Read more

FICO Fact: How Alternative Data Enhances the Accuracy of Consumer Credit Profiles

FICO Fact: How Alternative Data Enhances the Accuracy of Consumer Credit Profiles

Developed by FICO in partnership with LexisNexis Risk Solutions and Equifax, FICO® Score XD 2 utilizes alternative data—data not included in the traditional credit bureau file

Read more

8 Success Tips for Debt Collection in the Pandemic

8 Success Tips for Debt Collection in the Pandemic

From identifying vulnerable customers to storing the right data, here are best practices for debt collection in the current pandemic

Read more

How to Build Credit Risk Models Using AI and Machine Learning

How to Build Credit Risk Models Using AI and Machine Learning

Which works better for building credit risk models: using AI and machine learning or using traditional scorecards?

Read more

new ideas
  • FICO World 2022: Digital Transformation Success Stories FICO World 2022: Digital Transformation Success Stories
    FICO World 2022: Digital Transformation Success Stories
    May 18, 2022
    Decision Management

    Winners take the stage On our fourth and final day at FICO World 2022 last week, 24 of our customers took to the main stage to receive recognition as winners in our FICO Decisions Awards. Company representatives were recognized for their digital transformation success stories with engraved crystal trophies by FICO's executive vice president of software, Stephanie C…

    Nikhil Behl by Nikhil Behl
  • UK Consumers Won't Tolerate Financial Crime At Their Bank UK Consumers Won't Tolerate Financial Crime At Their Bank
    UK Consumers Won't Tolerate Financial Crime At Their Bank
    May 17, 2022
    Fraud Protection & Compliance

    UK consumer fraud attitudes Our latest commissioned research suggests that UK banks could face a potentially catastrophic customer defection event in the wake of a money laundering scandal. 56 percent of UK respondents said they would switch banks if theirs was reported to be involved in such a scandal. The younger age groups would be most eager to swap their fi…

    Matt Cox by Matt Cox
  • Meet Digital Jane, She’s Your Customer and She Has High Expectations Meet Digital Jane, She’s Your Customer and She Has High Expectations
    Meet Digital Jane, She’s Your Customer and She Has High Expectations
    May 13, 2022
    Decision Management

    Meet Jane. Jane is 28-year-old woman sharing an apartment in the big city with friends. She uses her mobile phone to conduct a lot of her day-to-day life, including connecting with friends, making purchases, checking her bank account, and even buying a new car. She wants a bank that can keep up with, and even anticipate, her needs. Jane is not alone in that expectatio…

    FICO by FICO
  • Introducing The New Age of Applied Intelligence Introducing The New Age of Applied Intelligence
    Introducing The New Age of Applied Intelligence
    May 12, 2022
    Decision Management

    This week, we have the privilege of coming together again to host FICO World 2022, our marquee decisions conference showcasing the innovative ways organizations are leveraging FICO technology to protect and grow their businesses. Above all else, one fundamental theme has emerged: The customer is in the driver’s seat, and their expectations have changed. Success wil…

    Bill Waid by Bill Waid
  • Mexico’s Traxión Uses FICO Optimization To Save Tons of Emissions Mexico’s Traxión Uses FICO Optimization To Save Tons of Emissions
    Mexico’s Traxión Uses FICO Optimization To Save Tons of Emissions
    May 12, 2022
    Decision Management

    Optimization to improve the bottom line and save the planet Traxión, the leading mobility and logistics company in Mexico, has used FICO route optimization technology to help it use fewer vehicles, save on fuel costs, cut emissions and reduce fleet wear and tear. The company has already saved 2.9 million kilometers in travel, USD$725,000 in costs and 458 metric ton…

    Nikhil Behl by Nikhil Behl
  • FICO World 2022: Spurring the Applied Intelligence Revolution FICO World 2022: Spurring the Applied Intelligence Revolution
    FICO World 2022: Spurring the Applied Intelligence Revolution
    May 12, 2022
    Decision Management

    FICO World Is Back! After a 30-month Covid hiatus, FICO World 2022 kicked off this week in Orlando, Florida with more than 1,000 customers and partners joining the conference to explore best practices and new ideas in digital transformation and applied intelligence. The conference, which started 45 years ago, features innovative speakers and more than 80 breakou…

    Nikhil Behl by Nikhil Behl
  • Digital Banking: Integrate Your Data, Systems, and Processes Digital Banking: Integrate Your Data, Systems, and Processes
    Digital Banking: Integrate Your Data, Systems, and Processes
    May 06, 2022
    Customer Development

    Following the highly successful The 11 Commandments of Digital Banking eBook, we are completing our series of 5 deeper dive blog posts that group the 11 Commandments below into common themes: Digital lift-and-shift is not a strategy! Friction – not inherently good or evil Be personable in this impersonal channel Respect the data Engage me, teach me…

    Darryl Knopp by Darryl Knopp
  • How Transaction Analytics Transform Lending Speed and Results How Transaction Analytics Transform Lending Speed and Results
    How Transaction Analytics Transform Lending Speed and Results
    May 05, 2022
    Customer Development

    How can transaction analytics deliver a major competitive advantage in lending? This is the topic I will be discussing at the Gartner Data & Analytics conference May 9-11 in London. Here’s a preview. The pandemic highlighted the over-reliance of banks on traditional data when making credit decisions. The sudden nature of the lockdowns had an immediate impac…

    Peter Ould by Peter Ould
  • Retail Payments Fraud: How Consumers and Banks Can Fight Back Retail Payments Fraud: How Consumers and Banks Can Fight Back
    Retail Payments Fraud: How Consumers and Banks Can Fight Back
    April 29, 2022
    Fraud Protection & Compliance

    There’s a lot going on in the retail payments space – defined as transactions between two consumers, between consumers and businesses, or between two businesses. With any change, fraud comes hand-in-hand. Some of the changes are related to new digital payments methods like P2P apps, tap-to-pay, and cryptocurrency, which are all growing options in retail environment…

    TJ Horan by TJ Horan
  • BNPL in Credit Reports: How Could This Data Impact FICO Scores? BNPL in Credit Reports: How Could This Data Impact FICO Scores?
    BNPL in Credit Reports: How Could This Data Impact FICO Scores?
    April 28, 2022
    Scoring Solutions

    Buy Now, Pay Later (BNPL) plans allow shoppers to make purchases and pay for them in installments over a defined period. According to the research from Cornerstone Advisors, these point-of-sale short-term installment loans with low credit amounts have been increasing in popularity during recent years for retail purchases like clothing, household goods, electronics, an…

    Ethan Dornhelm by Ethan Dornhelm
  • UK Cards Report: Repayments Not Impacted by Cost of Living Hike UK Cards Report: Repayments Not Impacted by Cost of Living Hike
    UK Cards Report: Repayments Not Impacted by Cost of Living Hike
    April 27, 2022
    Customer Development

    The FICO Credit Market Report for February 2022 shows UK card trends following typical post-seasonal spend and repayment patterns. It’s as yet unclear whether pandemic savings are masking the early impact of the cost of living hike. Highlights  Average card spend climbs by over 5 percent compared to January and nearly 30 percent compared to February 2021…

    Liz Ruddick by Liz Ruddick
  • “Under the Hot Rod Hood”: Dr. Scott Zoldi’s AI Series on LinkedIn Live “Under the Hot Rod Hood”: Dr. Scott Zoldi’s AI Series on LinkedIn Live
    “Under the Hot Rod Hood”: Dr. Scott Zoldi’s AI Series on LinkedIn Live
    April 26, 2022
    Decision Management

    Dr. Scott Zoldi, FICO’s chief analytics officer, scored a pandemic hit with his LinkedIn streamcast series, “Expect the Unexpected: AI and Bias, the Boardroom, Blockchain and Business.” Season 2 “Under the Hot Rod Hood: The Data Science of AI” kicked off on April 20 and you can replay Episode 1 here. In this blog we recap Scott’s Season 1 conversations with Jordan Lev…

    FICO by FICO
Show More
popular posts
eKYC – Why Malaysian Banks Must Act Now!
popular posts
AI Predictions 2021: Artificial Intelligence Crosses the Chasm
popular posts
Why Do Fraudsters Use Synthetic Identities?
popular posts
5 Ways to Combat Fraud During the Holidays
popular posts
FICO Named Category Leader for Financial Crime - Enterprise Fraud

RT @ScottZoldi: .@FICO is working on exciting #AML #analytics technologies, stay tuned! It’s a good thing; Matt Cox’s new blog reveals “UK…

1 hour ago

RT @FICOcloud: Show off your #OperationsResearch & #MathematicalOptimization knowledge with the @FICO Xpress Best Paper Award. Learn how to…

1 hour ago

RT @rachelfraser05: FICO Financial Services #financialservices are delighted to be sponsoring the Credit Awards 2022 again this year #cred…

7 hours ago