Fico Collections

APRIL 20, 2023

S&P Global Market Intelligence reports that in the second quarter of 2022 alone, real-time payroll payments more than doubled compared to the prior quarter and accounted for nearly 15% of total RTP volume. billion in scams in 2022, a 30% increase over 2021.

Banks 52

Banks Education Financial Institution Retail 52

Fico Collections

APRIL 21, 2023

A: I’m in the camp that the next great frontier of understanding customers derives from socioeconomics and doing a bit of “nudging” to move customers in a direction that creates a mutually beneficial arrangement with their financial institution.

Lender 52

Lender Retail Financial services Financial Institution 52

Fico Collections

JANUARY 4, 2023

Wed, 01/04/2023 - 14:05. FICO’s 2022 consumer banking fraud survey shows that customers are split in their thinking on when they sufficiently trust a digital channel to apply for a new account, loan, or credit card. . FICO global survey finds customers want better fraud protection and more security from their digital banking channels.

Personal loans 52

Personal loans Loans Banks Financial Institution 52

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. Consumers face debt burden challenges that could impact U.S. credit risk and FICO® Score trends.

Student loans 52

Student loans Student Loans Consumer Credit Lender 52

Fico Collections

FEBRUARY 12, 2023

Home Blog FICO Top 5 Customer Development Posts of 2022: Digital Banking and Pricing Opti The most popular posts in our Customer Development category dealt with digital banking, optimizing credit line increases, loan pricing and machine learning for credit risk models. What can financial institutions learn from TikTok?

Banks 52

Banks Loans Startups Financial Institution 52

Fico Collections

APRIL 19, 2022

Wed, 04/20/2022 - 01:21. Financial institutions that can make offers at higher prices, while continuing to win business, are even more competitive. April 20, 2022. Mon, 02/21/2022 - 07:59. Competitive Loan Pricing: How To Outprice (not Underprice) Rivals. Matt Stanley. But it's not always strictly true.

Loans 52

Loans Financial services Lender Financial Institution 52

Fico Collections

JUNE 14, 2022

Fraud Trends for 2022: Top 5 Includes "Scamdemic" and Bad Bots. Tue, 07/02/2019 - 04:56. Tue, 06/14/2022 - 16:25. Five fraud trends for 2022 kept cropping up and seemed to be of the most interest to our anti-fraud delegates. Learn More About Fraud Trends for 2022 and FICO World. by Adam Davies.

Financial Institution 52

Financial Institution Retail Banks Healthcare 52