Proving the value of optimization across the enterprise
The critical questions to ask in order to make an informed and convincing business case for using prescriptive analytics to improve decisioning in banking.
Latest FICO Fraud Model Helps Identify 50% More Scam Transactions
With over 120 patents, the FICO® Falcon® Platform helps financial institutions detect and prevent fraud for more than 2.6 billion payment accounts worldwide
With an innovative business model, FICO and Conductor present expressive results in credit card fraud prevention
With FICO® Falcon®, Conductor's clients reduce initial investment and identify a 25% drop in the financial volume of approved transactions and later identified as fraudulent
Banking Survey 2020: Identity Verification and Authentication, new challenges for the sector
The survey was conducted in 172 banks in 8 countries, Colombia, Mexico, Germany, the United Kingdom, Canada, the United States, Malaysia and the Philippines, by the independent research company Omdia
FICO Survey Finds In-Person Banking Fading as Almost Half of North Americans Prefer Opening Bank Accounts Digitally
Survey also found millions believe their identity has been used by fraudsters to open an account, North Americans are now embracing biometrics to protect their information
FICO Study: South Africans More Likely to Open Accounts Digitally
January 2021 data on Identity Proofing in SA reveals that 80+ percent of adult South Africans recognise that identity proofing is for their protection, while 8 percent say their identity has definitely or is likely to have been used by a fraudster to open
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