Fico Collections

APRIL 20, 2023

billion in scams in 2022, a 30% increase over 2021. environment is not faring any better; according to the US Federal Trade Commission (FTC) , US consumers lost at least $8.8 Most common were impostor scams, where consumers or businesses are conned into sending money to criminals that falsely impersonate a legitimate person or business. “As

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Fico Collections

APRIL 28, 2023

government and financial institutions to implement significant guard rails and safety net programs for consumers such as the government stimulus, extended unemployment benefits, and payment accommodations. FICO® Score in 2021 despite the pandemic. However, since April 2021, the average FICO® Score in the U.S.

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Fico Collections

JULY 15, 2022

Tue, 07/02/2019 - 02:45. For over two decades, Darran has been passionate in supporting the insurance industry and financial institutions by enabling the use of data and technology to help overcome their challenges. Optimization and Automation Point the Way for Insurance Claims. by Darran Simons. expand_less Back To Top.

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Fico Collections

SEPTEMBER 19, 2022

Tue, 07/02/2019 - 02:45. Consumer Financial Protection Bureau (CFPB) announced the final rules interpreting the Fair Debt Collections Practices Act (FDCPA) on July 30, which went into effect on November 30, 2021. It's an opportunity to improve the way you interact and engage with your customers. Embrace it. FICO Admin.

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Fico Collections

JULY 6, 2023

From Australia to the UK to the USA, consumers and financial institutions are facing a scourge of authorized push payment (APP) and authorized user fraud. The global figures are staggering — $8.8

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Fico Collections

DECEMBER 5, 2022

Tue, 07/02/2019 - 02:45. Financial Institutions, such as banks, have expended great effort to improve digital security, yet bad actors are multiplying and attacks have increased in scope and frequency. A report released by the FTC in February 2022 indicates a 71% increase in fraud in 2021, which cost consumers roughly $5.8

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Fico Collections

FEBRUARY 7, 2023

Saxon Shirley Fri, 05/20/2022 - 06:06 by FICO expand_less Back To Top Tue, 02/07/2023 - 19:10 As the independent standard in credit scoring, FICO® Scores are the leading credit scores used extensively across the lending ecosystem. FICO® Score Stays Steady at 716

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Fico Collections

FEBRUARY 12, 2023

As a financial institution, you already have enough customer data 
to make subtle adjustments to your customer model that can create a better experience. What can financial institutions learn from TikTok? Making enjoyable financial services content isn’t easy, but the medium matters a lot.

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Fico Collections

APRIL 12, 2021

Mon, 04/12/2021 - 22:24. Millennials in particular tend to distrust corporations and financial institutions (86%), the government (82%) and the press (88%). April 13, 2021. Tue, 02/18/2020 - 14:57. Closing the Case for Customer Centricity & Digital Transformation. Categories. Decision Management. fico-admin.

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