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Cash Flow Data Can Improve Credit Access with an UltraFICO® Score

Fico Collections

Thu, 08/22/2019 - 12:37. Thu, 01/05/2023 - 16:00. For the millions of American consumers whose traditional credit files don’t fully reflect their financial history and readiness for credit, cash flow data provides a promising approach to fill in those gaps. FICO Admin. by Joanne Gaskin. expand_less Back To Top. In her role, Ms.

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To Stop Scams, It’s Time to Add Sensible Friction to Easy Money

Fico Collections

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. Is Sending Money Too Simple?

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Why Credit Scores are Crucial to Healthy Securities

Fico Collections

mortgage-backed securities (MBS) being held or traded by institutions and investors, a staggering sum that dwarfs the GDP of every other nation except the U.S. Securitization is initiated when a financial institution pools together a group of assets. trillion in U.S. These asset-backed securities are then sold to investors.

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Fraud Ideas from FICO World 2022 – and Excitement for 2023!

Fico Collections

Fraud Ideas from FICO World 2022 – and Excitement for 2023! Wed, 08/03/2022 - 12:40. Intrepid payments professional that I am, my thoughts are still lingering on what a great event FICO World 2022 was, the amazing fraud insights we shared, and how excited I already am for FICO World 2023. Tue, 07/02/2019 - 02:45. by TJ Horan.

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Modelling Deposit Price Elasticity: What Is It All About?

Fico Collections

A price elasticity model enables the product team to set deposit rates with a sound understanding of the expected performance from the rate strategy FICO Admin Tue, 07/02/2019 - 02:45 by Neel Williams Senior Principal Consultant expand_less Back To Top Tue, 04/18/2023 - 08:45 The banking industry is rapidly changing as leading financial institutions (..)

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Assessing Digital Identity — You Need to Ask “Who?” AND “Why?”

Fico Collections

Thu, 08/22/2019 - 12:37. Most financial institutions have experienced a fast and very thorough transition to digital customer interactions. The risks of answering either question wrong should encourage financial institutions to rethink a few things, including: How and when they authenticate customers. FICO Admin.

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U.S. Card Skimming Fraud Grows 700+% in First Half of 2022

Fico Collections

Tue, 08/16/2022 - 11:10. And card skimming is big business; the FBI estimates that “skimming costs financial institutions and consumers more than $1 billion each year.”. Fraud Ideas from FICO World 2022 – and Excitement for 2023! Darcy Sullivan. Tue, 11/10/2020 - 12:17. by Debbie Cobb. Senior Director, Product Management.