Fico Collections

OCTOBER 17, 2022

Wed, 10/03/2018 - 23:42. The launch of the Open Finance Framework by Bangko Sentral ng Pilipinas (BSP) in 2021 was a big step forward in driving financial inclusion for millions of Filipinos across the market who still do not have access to credit. How data sharing can improve credit risk decisioning. FICO Admin.

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Fico Collections

JUNE 16, 2022

Fri, 06/03/2022 - 12:48. In turn, Financial institutions are raising interest rates on consumer debt including the 30-year fixed mortgage, up from 3.22% in January 2022 to 5.30% as of May 12th. The payment rate has remained steady at approximately 30% since April 2021 and 48.2% higher than it was in April 2021 and 1.6x

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Fico Collections

JUNE 15, 2023

Wed, 03/08/2023 - 22:14 jessica shortt by TJ Horan Vice President, Product Management expand_less Back to top Thu, 06/15/2023 - 15:05 As someone who has made a career in the payments industry, I feel a little weird making this bold statement: it has become too easy to send money to other people. billion reported in 2021.

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Fico Collections

MARCH 7, 2023

In banking and financial services within North America, our research shows that AI is an even higher priority now than 12 months ago for 52% of financial services organisations. The most cited examples point to AI-based experimental hiring tools, which have turned out to be biased against women.

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Financial services Banks Government Acquisition 52

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

JANUARY 11, 2023

Wed, 05/25/2022 - 03:43. It’s been a fixture in my talks about model development for years, and in June 2021 I wrote about the Highlander Principle in a blog about the importance of Auditable AI.”. In a fast-paced, digital world, financial institutions who succeed put customers at the center of their business. Enter FICO.

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