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FICO Ranks Top 5 in the 2023 Chartis RiskTech100® Report

Fico Collections

Fri, 06/03/2022 - 12:24. Mon, 11/21/2022 - 20:30. Before joining FICO, Darryl held many key roles at financial institutions through North America and Asia, including Chief Risk Officer of Grow Financial, a Canadian Fintech specializing in online lending and building software for financial institutions.

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US Bankcard Industry Benchmarking Trends: 2022 Q1 Update

Fico Collections

US Bankcard Industry Benchmarking Trends: 2022 Q1 Update. Fri, 06/03/2022 - 12:48. Thu, 06/16/2022 - 15:00. The first quarter of 2022 brought rising inflation and rising interest rates while unemployment is back to pre-COVID levels. The average balance of $2,379 in March 2022 is down 6.2% Delinquency.

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Critical Steps to Improving Hyper-Personalization at Scale

Fico Collections

CLARKE: AI/ML are necessary to personalize at scale, yet according to Forrester’s 2022 Data and Analytics survey , less than one-third of banking data and analytics decision-makers say their firm is currently using AI technologies to scale and optimize personalization.

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Canada Bankcard Industry Benchmarking Trends: 2022 Q1 Update

Fico Collections

Canada Bankcard Industry Benchmarking Trends: 2022 Q1 Update. Tue, 06/07/2022 - 15:00. in April 2022, the highest since January 1991. The government of Canada raised its target for overnight rate to 50 bps to 1 % on April 13th, 2022. Average total monthly sales increased to $1,546 in March 2022, 17.5 % higher.

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FICO’s New AML Scores Use AI and Machine Learning to Detect More Money Laundering

Fico Collections

Fri, 06/03/2022 - 12:24. Thu, 06/09/2022 - 15:00. AI Predictions 2022: The Great Humbling of AI. New AML scores reduce false positive alerts by 50% while detecting 100% of known money laundering transactions, and discover new aberrant, potentially risky behaviors. asokolowski@speednet.pl. by Scott Zoldi.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

The FTC’s Safeguards Rule requires nonbanking financial institutions, such as mortgage brokers, motor vehicle dealers, and payday lenders, to develop, implement, and maintain a comprehensive security program to keep their customers’ information safe. financial institutions. financial institutions.

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Saudi Credit Bureau Delivers Access To Loans For Millions with Score

Fico Collections

SIMAH wins FICO ® Decisions Award for financial inclusion using FICO ® Scores. Fri, 09/09/2022 - 03:42. Thu, 09/15/2022 - 06:00. This growth in Saudi financial inclusion was made possible by SIMAH’s advocacy efforts with financial institutions and a parallel education campaign with consumers. “We