Remove 2015 07
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Addressing Portfolio Risk in Economic Uncertainty: Part 2 (2022)

Fico Collections

Figure 1: Auto finance account origination default rates by FICO® Auto Score 8, Oct 13-Oct 15 and Oct 07-Oct 09 versus a theoretical 3% default rate cut-off. Figure 2: Auto finance account origination default rates by FICO® Auto Score 8 and FICO® Resilience Index 2, Oct 07-Oct 09. Economic Scenario. Economic Scenario.

Lender 52
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The Power of Optimization: Solving a Dire Water Access Problem

Fico Collections

Tue, 07/19/2022 - 16:11. Rancourt, Jessica Rodríguez-Pereira and Selene Silvestri, all associated with HEC Montréal — used the power of mathematical optimization to design a water distribution system with an example application in Nepal, which suffered drinking water supply problems following earthquakes in 2015. by Oliver Bastert.

Loans 52
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Defending Your Fully Digital Wallet Against Fraud

Fico Collections

Now 41% of American consumers say none of their typical weekly purchases are made with cash – up from 24% in 2015. On this side of the pond, the number of Americans who go cashless day to day has doubled in the past decade, according to the Pew Research Center.

Banks 52
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What Banks and Credit Unions Need to Know: CFPB Enters into Debt Collection Consent Order

Consumer Financial Services Law

The CFPB further found that until mid-2015, the credit union did not make an exception for accounts containing protected federal benefits, including social security income or veteran’s benefits. Banks and credit unions should also insure that their policies and procedures are consistent with the FDCPA and CFPB Bulletin 2013-07 as applicable.