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2024 Scams Impact Survey: South Africa

FICO's second annual consumer survey examining the impact of real-time payments and authorized push payment (APP) fraud/scams in South Africa.

Tracking Credit Risk in a Challenging Economy - South Africa

Using FICO Scores for account management can help lenders identify which borrowers have increased risk

It's Time to Rethink Credit Strategies in South Africa

Lenders can unlock a competitive advantage with enhanced credit line optimization in digital onboarding, as well as optimization in customer management and debt collection

South Africa's SA Taxi Grows Loans 25% with Automated Lending

SA Taxi sees sharp rise in loans from using FICO Blaze Advisor and wins FICO® Decisions Award for cloud deployment
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Hyper-Personalisation at a Grand Scale – South Africa Survey Shows Gaps

FICO and Forrester Consulting research shows need to improve processes in banks
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South Africa’s Nedbank Uses FICO Technology to Stop Financial Crime

Enterprise-wide Risk Intelligence Centre analyses data from across multiple systems to prevent fraud, money laundering and other financial crime.
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FICO Score 6 from TransUnion and FICO Aim to Expand Credit Access in South Africa

Update to leading consumer credit score in the market can improve credit availability and understanding
Corporate News

South African Insurer Lion of Africa Adopts FICO Technology to Drive Consistent Underwriting Decisions

FICO today announced that South African insurer Lion of Africa will use FICO decision management technology.
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Medscheme Sees Early Success in Reducing South Africa’s Healthcare Insurance Fraud, Waste and Abuse Using FICO Solution

For its achievements introducing the country’s first analytics-based solution for healthcare, Medscheme has been awarded a 2016 FICO Decisions Award for Fraud Control.
Corporate News

Motor Finance Arm of South Africa’s Nedbank Uses FICO Analytics to Stress-Test Auto Loan Portfolio Performance

FICO announced that Motor Finance Corporation (MFC), part of the Nedbank Group in South Africa, is using FICO analytics to predict the future performance of its auto loan portfolio.

South African Lenders Have a Tough Balancing Act

The South Africa financial services industry has built a credit risk management practice with world-class sophistication...
Corporate News

FICO Forum Africa to Explore Customer-Centric Growth in a Challenging Economy

Bruce Whitfield will deliver keynote address at 17 November event in Johannesburg
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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
Corporate News

TransUnion and FICO Unveil Enhanced Credit Score for South African Market

FICO and TransUnion today announced that a new FICO® score for credit account originations and management is now available for South African lenders.
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BCP uses FICO Platform to transform and optimize pricing in South America

The partnership with FICO has a unique advantage by merging technology expertise with sector-specific knowledge.

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