Predictions 2024: You Need to Calm Down: AI Predictions and Prescriptions
Where will we land in 2024? Will we enter into a new, calmer era of AI?
CJEU Ruling Highlights the Need for Explainability in Analytics
Black box models will be even more difficult to justify after a recent European ruling - explainable AI and reason codes with credit scores are critical
Are neobanks still considered disruptors?
Neobanks include thousands of companies seeking to disrupt banks across different customer segments and products.
UK cards in a crisis: what can we learn from the financial crash of 2008?
Liz Ruddick, Principal Consultant, Credit Life Cycle Practice at FICO, highlights what we can learn from the financial crisis of 2008 to help us prepare for today’s cost-of-living crisis
UK Leads Europe in Card Fraud Loss Reduction with £49 Million Drop in 2021
For the third year in a row, the UK saw the highest value decrease of monitored countries in European Fraud Map produced by FICO including Euromonitor International data
Orchestrating Identity Verification: Assimilating identity data to stop fraud
Global Banking & Finance: Sarah Rutherford of FICO explores the need to bring biometric data together to carry out fraud checks
Digital Transformation for Insurance
Working smart: How to maximize tools to overcome digital exhaustion in insurance underwriting
Fraud protection is crucial
The top consideration of some consumers when selecting financial account providers is those that can provide fraud and scam protection.
Average U.S. FICO Score Remains Steady at 716
An uptick in missed payments, slightly elevated consumer debt levels, and an increased rate in consumers obtaining new credit contributed to the leveling off of the average FICO® Score
FICO Data Scientist on Team Honoured for Work on Optimizing Drinking Water Access
FICO’s Selene Silvestri is part of team that won international award for an article on optimizing access to drinking water in remote regions from Nepal
Fraud Predictions 2024: Scams, Siloes and Upstream Polluters
These fraud trends will define 2024 as financial institutions look to enhance security and protect the customer experience
How Banks Can Manage Credit Strategies in Turkey’s Economy
At a time of rapid change, Turkish banks could use mathematical optimisation of credit strategies to navigate pricing challenges and spur growth
FICO Survey: 2 in 5 Filipinos Say Fraud and Scam Protection the Top Consideration When Selecting a New Financial Account
Banks looking to retain and grow customers need to improve fraud management response.
Real-Time Payments Rails like FedNow Need Enhanced Fraud Protection
Real-time payments attract real-time fraud, so banks and other financial institutions need the best tools and technology to protect their customers
FICO On-demand Webinar: Intelligent Digital Communications
Omni-channel collections increases payment arrangements, reduces operating costs and delivers superior customer service
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