Hear about current and upcoming FICO initiatives, including the latest FICO Score solutions designed to allow lenders to navigate changing economic conditions and help ensure their portfolios are resilient.
UK Cards Data: Increase in Cardholders Missing Two Payments
Many UK credit cardholders who missed one payment in December continued to struggle with their debts in the new year, with a marked increased in two missed payments
Portuguese Banking Leader Millennium bcp Automates 91% of Retail Banking Decisions Using FICO Solutions
FICO today announced that its solutions have enabled Portugal’s largest privately owned bank, Millennium bcp, to standardize its decision-making processes.
Growing Number of Consumers Nearing the Perfect FICO Score
FICO Labs researchers have found that the number of consumers in the top FICO® Score range – 800-850 – is now at its highest level since October 2008, with 18.3 percent of consumers having FICO® Scores in this range.
Small Businesses will Struggle to Obtain Credit in 2012, Say Bankers in FICO-Efma Survey
FICO and Efma today announced further results of the fourth European Credit Risk Survey, showing that a “credit gap” looms for small businesses in 2012.
FICO announced today the appointment of James M. Wehmann as executive vice-president responsible for the Scores business unit, effective April 1, 2012.
Admiral Increases Motor Claims Fraud Protection with FICO Technology
FICO today announced that the UK motor insurance specialist Admiral has deployed a new claims fraud system based on FICO analytics, business rules and link analysis technology.
Metrobank Card Implements FICO Solution to Combat Fraud Threat in the Philippines
FICO today announced that Metrobank Card has implemented FICO® Falcon® Fraud Manager to protect its growing base of credit cardholders and mitigate losses from fraud.
ZUNO Bank Executes Event-Driven, Multi-Channel Marketing with FICO Business Rules Technology
FICO today announced that ZUNO Bank AG of Austria has created an event-driven marketing system powered by FICO® Blaze Advisor® business rules management system.
India’s Axis Bank Selects FICO Blaze Advisor to Bring Agility and Consistency to Lending and Card Operations
FICO today announced that Axis Bank has chosen FICO® Blaze Advisor® business rules management system to manage processing of all retail loans and for customer management on its credit card portfolio.
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