Indonesia’s largest financial institution dramatically reduces fraud losses on its Livin’ by Mandiri banking super app, safeguarding over 1.64 billion transactions

Spending falls following typical seasonal patterns although average balance is up 5.3% year-on-year and more customers miss one, two and three payments

FICO and JT’s Customer Communications Service Scam Signal takes Silver Medal in the Fraud Impact Award for Best Scam and APP Fraud Prevention; solution uses telephony signals to spot scams

Start of summer uplift in spending evident although consumers also appear to be managing credit commitments positively

Digital commerce solution provider deploys industry-leading FICO® Falcon® Fraud Manager across MEA to help drive down fraud losses; Network International wins 2024 FICO Decision Award for Cloud Deployment

Innovative optimization capabilities help Mexico’s National Center for Energy Control improve efficiency and mitigate flood risks

ICO is best known for inventing consumer credit scores which remain the standard measure of consumer credit risk.

Year-on-year analysis reveals impact of continued high costs and inflation requiring lenders to remain vigilant