Consumers will switch banks if fraud prevention expectations are not met
FICO found consumers around the globe report that with the increase of scams, they have higher expectations for fraud prevention at banks. Experts said banks need to remain competitive in fighting fraud and providing consumers with excellent customer expe
Canadians’ credit risk rises as missed payments, debt levels grow
A key measure of Canadians’ credit risk worsened this year, defying a long-term trend and underlining the ongoing strain of recent economic conditions, new data from credit analytics firm FICO says.
Survey: Banks Face Regulatory Changes, Increased Liability for Scam Fraud
Banks face increasing scam liabilities worldwide as regulators change reimbursement requirements, while consumers signal willingness to complain to regulators and banks
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