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

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Six Steps to Using Biometrics to Open & Manage Accounts Digitally

Six Steps to Using Biometrics to Open & Manage Accounts Digitally

Sarah Rutherford explores which steps need to be in place in order manage identity using biometrics

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Digital Collections - Award-Winning Success from Hoist Finance

Digital Collections - Award-Winning Success from Hoist Finance

Hoist Finance and FICO have won for Best Use of Technology in the Credit Excellence 2021 Awards

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new ideas
  • FICO’s New AI Playbook: How to Achieve Responsible AI FICO’s New AI Playbook: How to Achieve Responsible AI
    FICO’s New AI Playbook: How to Achieve Responsible AI
    October 19, 2021
    Decision Management

    Although discussion of artificial intelligence (AI) ethics appears to be approaching fever pitch—the U.S. government is now soliciting broad input for an AI-era Bill of Rights—responsible use of AI has been at the top of my mind for the past five years. My 2017 analytics predictions included: I think that we are just at the beginning of the golden age of analytics,…

    Scott Zoldi by Scott Zoldi
  • Decision Optimization: 5 Reasons You Need It More than Ever Decision Optimization: 5 Reasons You Need It More than Ever
    Decision Optimization: 5 Reasons You Need It More than Ever
    October 14, 2021
    Decision Management

    The marketplace is now completely different from where it was before the start of the global pandemic — and it’s evolving fast. Are your decision strategies evolving as fast? Are your offers and your options still relevant to your customers? And, crucially, are they agile enough to track and meet quickly emerging business expectations, while maintaining the ability to…

    Barry Honeycombe by Barry Honeycombe
  • FICO Fact: Does FICO’s Minimum Scoring Criteria Limit Consumers’ Access to Credit? FICO Fact: Does FICO’s Minimum Scoring Criteria Limit Consumers’ Access to Credit?
    FICO Fact: Does FICO’s Minimum Scoring Criteria Limit Consumers’ Access to Credit?
    October 12, 2021
    Scoring Solutions

    Does FICO’s minimum scoring criteria limit consumers’ access to credit?  Simply put, the answer is no. Over the last 30 years, FICO has continued to analyze the minimum amount of credit bureau data that is necessary to deliver a reliable, predictive FICO® Score to the market - which benefits both consumers and lenders alike. As a reminder, we have…

    Joanne Gaskin by Joanne Gaskin
  • UK Credit Cards: August Data Reveals Consumer Confidence UK Credit Cards: August Data Reveals Consumer Confidence
    UK Credit Cards: August Data Reveals Consumer Confidence
    October 12, 2021
    Customer Development

    Global analytics software provider FICO today released its analysis of UK card trends for August 2021. The summer holidays and a continued reliance on pandemic savings probably contributed to a growth in average spend on cards. But the signs of financial pressure are also evident with an increase in average balances on accounts with missed payments and growth in card…

    Stacey West by Stacey West
  • Why FICO Is a Great Place to Work for Women (and Others!) Why FICO Is a Great Place to Work for Women (and Others!)
    Why FICO Is a Great Place to Work for Women (and Others!)
    October 07, 2021
    Decision Management

    At a time when the lack of diversity in many fields is making headlines, FICO has some great news to share. This year we have received two awards that recognize our focus on making FICO a fair and empowering employer. FICO has been named among America's Best Employers for Women by Forbes magazine in the Software & Services category. In addition, FICO…

    Stephanie Covert by Stephanie Covert
  • 2022 FICO Decisions Awards Now Open 2022 FICO Decisions Awards Now Open
    2022 FICO Decisions Awards Now Open
    October 06, 2021
    Decision Management

    I am excited to announce that our 2022 FICO Decisions Awards are now open! We are calling on our customers who are achieving outstanding success using analytics and decision management solutions from FICO to submit nominations for the awards.  Nominations are due December 3, 2021, and winners will be announced on January 28, 2022. For more informati…

    Nikhil Behl by Nikhil Behl
  • Technology Convergence: Fighting Fraud and Financial Crime Technology Convergence: Fighting Fraud and Financial Crime
    Technology Convergence: Fighting Fraud and Financial Crime
    October 05, 2021
    Fraud Protection & Compliance

    I recently had the honor to participate in a panel discussion during the Aite-Novarica Financial Crime Forum. Joining me were insightful leaders from the financial industry: Trace Fooshee from Aite-Novarica, Stan Dillon from FIS, Deepthi Machavaram from BNY Mellon and Mike Sherrod from Truist. This was a lively and insightful discussion around operationalizing…

    TJ Horan by TJ Horan
  • Home Credit an Award Finalist for AI-Powered Optimization Home Credit an Award Finalist for AI-Powered Optimization
    Home Credit an Award Finalist for AI-Powered Optimization
    October 04, 2021
    Decision Management

    The use of AI-powered optimization by financial services firms is surging across Europe. One of the early beneficiaries of this technology is Home Credit & Finance Bank in Russia, which has just been named a finalist in the Banking Tech 2021 Awards, in the Best Use of AI category. By using AI-powered optimization from FICO, Home Credit was able to: Increase…

    Nikhil Behl by Nikhil Behl
  • What are MVD’s and Why Do They Matter? What are MVD’s and Why Do They Matter?
    What are MVD’s and Why Do They Matter?
    October 04, 2021
    Debt Collection & Recovery

    COVID-19 has steered a unique shift in the way people consume, interact, engage, and conduct business. As of September 2021, unprecedented uncertainties continue, making it challenging for anyone to predict with a high level of confidence when, or how quickly, the economy will fully recover.  Consumers, however, have been prudent with spending and with their use…

    Cyril Cherian by Cyril Cherian
  • Understanding Overdraft Programs (Part 2): A New Approach to Overdraft Understanding Overdraft Programs (Part 2): A New Approach to Overdraft
    Understanding Overdraft Programs (Part 2): A New Approach to Overdraft
    September 28, 2021
    Customer Development

    In our previous blog post I examined the shifting regulatory landscape, recent changes in bank overdraft program changes, and what’s next with regulations on overdraft. There has been a burst of activity introducing new approaches to courtesy overdraft. In this, my second post on overdraft, I will explore new approaches banks should consider. Consider the following…

    Glenn Grossman by Glenn Grossman
  • FICO Fact: Do FICO Scores Consider Telco and Utility Data? FICO Fact: Do FICO Scores Consider Telco and Utility Data?
    FICO Fact: Do FICO Scores Consider Telco and Utility Data?
    September 24, 2021
    Scoring Solutions

    Do FICO Scores Consider Telco and Utility Data? The unequivocal answer is yes! FICO® Scores have always considered telco and utility payment data that is furnished to the three nationwide U.S. credit bureaus: Equifax, Experian and TransUnion.  The inclusion of telco and utility payment information dates back to the release of the very first FICO Scores in…

    Joanne Gaskin by Joanne Gaskin
  • MacGyver-izing Your Enterprise for Digital Transformation MacGyver-izing Your Enterprise for Digital Transformation
    MacGyver-izing Your Enterprise for Digital Transformation
    September 22, 2021
    Decision Management

    One of the all-time great television shows for the STEM-inclined was a 1980s action drama called MacGyver.  It starred actor Richard Dean Anderson as Angus "Mac" MacGyver, who, unlike most American action heroes, eschewed firearms, resorting to them only twice in 94 episodes. Instead, MacGyver stymied his enemies with his “genius-level intellect, superb engine…

    Jim Neumann by Jim Neumann
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FICO Named Category Leader for Financial Crime - Enterprise Fraud

It was our pleasure to sponsor this insightful session at #MBAAnnual21 with NYT Best-Selling Author Malcolm Gladwel… https://t.co/3wtAVQ5UGO

13 hours ago

FICO is proud to be the diamond sponsor for the @AFSA_DC annual meeting. Are you registered? https://t.co/0AflCItrLM

17 hours ago

Whether you're a small business owner or an entrepreneur with the next big idea, register for FICO’s Score A Better… https://t.co/y2BHum47nf

18 hours ago