with a better browsing experience; allow us to assess, monitor, and improve the website’s
performance; and enable our partners to advertise to you. You may disable the cookies by changing
the settings in your browser, and you may tell us not to share your cookie data with third parties.
In a majority of cases, companies who’ve invested in advanced analytics are still failing to deploy those assets in a way that generates a positive ROI. How can data science teams stop their efforts from going to waste and start putting their analytics into action? Watch this on-demand webinar to find out. We demonstrate how FICO® Xpress Insight can take any advanced analytic asset (such as an R or Python script) and turn it into a fully functioning application for business users.
Belgazprombank has implemented a system to screen financial transactions and customers to help prevent crime. But which security issues need addressing? And how will working with FICO resolve them?
Book profitable loans at a faster pace while also accelerating new product launches. Expand lending reach while controlling credit risk. With FICO® Origination Manager Decision Service, business users can improve origination results by acq...
We’re all familiar with the phrase “one size fits all” and we all know there are many situations where this sentiment simply doesn’t fit. A good example of this is the software required to efficiently collect and recover debt. Some organizations need enterprise-level capabilities, but don’t want a long implementation period or major expense. For these organizations, acquiring Premier-level collection and recovery capabilities without the time and expense of a Premier implementation is the answer. This is the story of one of the largest banks in South Africa and how they implemented a collection and recovery solution within a shortened implementation period at significantly reduced expense.
Third-party risk management (TPRM) programs serve a wide variety of business needs. From vetting data processors to managing a growing list of cloud software providers, TPRM teams are searching for ways to simplify the due diligence process while sharpening their ability to identify cyber risk. The FICO® Cyber Risk Score can help.
With any piece of legislation, an organization has to work out how far to go beyond simple compliance with the letter of the law. Payment Services Directive 2 (PSD2) and its associated Regulatory Technical Standards (RTS) is no different. This article looks at compliance with the Strong Customer Authentication (SCA) requirements of PSD2 from the perspective of a payment service provider (PSP) and asks the question: Is it worth going beyond the bare minimum?
Wildfires, floods, hurricanes, tornados, cyclones, earthquakes, volcanoes—natural disasters strike quickly and with little warning. While there is a lot of good advice on how to prepare to protect your health and safety, you also need to p...
If investors aren’t receiving updated account management scores frequently enough, they run the risk of making decisions with stale information. FICO® Scores provide a holistic view of the consumer’s credit behaviors — tipping investors off to deterioration in a consumer’s credit profile that may not have yet shown up in repayment performance.
It’s good news that smart organizations collecting and recovering debt are moving away from a singular focus on collecting money and toward a broader view, prioritizing the consumer journey and taking into consideration the total lifetime value of the customer relationship.
What Makes a Decision Hero? When it comes to managing their decisions, companies want to uncover opportunities, solve hard problems, innovate creative solutions and ultimately create value. A decision hero makes this happen by looking at problems differently, doggedly pursuing solutions for the unsolvable and changing, and sharing new pathways to success.
Collection and recovery executives are worried about disruption, and they’re not alone. In a global cross-industry survey of executives and board members by North Carolina State University’s Enterprise Risk Management Initiative and management consulting firm Protiviti, Inc., the challenge of competing against “born digital” disruptors was cited as the #1 risk factor for 2019. Signaling the speed with which business conditions are changing, digital disruption shot up to the top of the list from its #10 position in last year’s survey.
Do you want to deliver convenient, consistent customer experiences at every customer lifecycle stage? This eBook is a collection of stories about organizations achieving exactly this with FICO® technology. By partnering with FICO, these companies found innovative ways to speed processes, reduce risk and enrich the customer experience.
From September 2019, banks and other payment service providers will be required to use SCA to secure more transactions. This will apply to payments and other nonmonetary transactions where there is a fraud risk.
Many banks and credit unions are using analytics, predictive scores and scorecards to some extent to make origination decisions and better understand their members and customers. Your customer data holds the key to enabling your organization to make better decisions to drive profit, improve relationships, and remain competitive in today’s saturated market. However, many organizations without teams of data scientists face challenges with understanding the best ways to use and deploy scorecards. And most struggle with the most important element: How can you use your customer data and scorecards to actually make automated, real-time decisions? In this webinar we provide an overview of various predictive scoring options and recommendations on when to use each, discuss how decision services technology enables organizations to automate decisions using predictive scores and scorecards, and provide insights on how decision services can work with your existing infrastructure to accelerate the deployment of predictive scores and scorecards.
Intelligent, optimized customer management offers automotive financiers the promise of increased revenue, reduced losses, lower operating expenses, and improved customer experience and loyalty. This webinar features a lively and frank disc...
Cyber attacks and fraud continue to make headlines so, unsurprisingly, a vendor driving change in this globally important area has won the RiskTech100 ® Innovation award for a second consecutive year. FICO’s win reflects its focus on issui...