Remove category fintech
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Tackling the Fintech Threat: A Guide for Banks and Credit Unions

Fico Collections

Tackling the Fintech Threat: A Guide for Banks and Credit Unions. What financial institutions need to compete with fintech threat disrupters. As FinTech funding rises to new record levels – $131.5 Taking the FinTech Threat Seriously: What Should Banks Be Doing to Compete? Thu, 12/19/2019 - 16:29.

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FICO Ranks Top 5 in the 2023 Chartis RiskTech100® Report

Fico Collections

FICO awarded first place in six categories on risk and compliance technology in the 2023 Chartis RiskTech100 ® Report, including Innovation for the sixth year in a row. Financial Crime – Enterprise Fraud. Innovation – Retail Finance (*New category win for FICO). FICO Ranks Top 5 in the 2023 Chartis RiskTech100® Report.

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Open Banking in the Philippines and the Opportunities in the Data

Fico Collections

In contrast, other countries, including the Philippines and Hong Kong, have taken a less regulated approach, with regulators setting the ground rules but the industry and financial institutions are defining the APIs and implementing the framework. Like Hong Kong, the Philippines has an open API framework.

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5 Ways Credit Unions Can Be More Resilient with AI and Analytics

Fico Collections

With more financial institutions focusing on customer experience (your competitive advantage), don’t take your member relationships for granted and continuously look for ways to improve and offer your members more. But the reality is that credit unions are still competing for customers in the same market as big banks and FinTechs.

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CFPB Filed A Judgment Against An Illinois-based Payment Processor

Collection Industry News

This would no-doubt portend a new CFPB-styled “Operation Choke Point,” which was the name of the 2013 Department of Justice initiative to investigate financial institutions for their role in processing payments to certain categories of lawfully operating merchants that had been associated with high-risk activities.

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Meet Our 2023 FICO Decisions Awards Judges

Fico Collections

Neeti Aggarwal manages the financial technology and innovation research at The Asian Banker. With over 19 years’ experience, she specializes in banking, technology and fintech developments across Asia Pacific, Middle East and Africa. She earlier worked for five years at The Economic Times, India's largest selling financial daily.

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What is Shadow Banking? And Why Should You Know About It?

Fico Collections

The recent explosion of new financial product and service providers has started to capture a share of consumers’ attention and wallets, perhaps more so than many banks believe. The report – Americans’ Shadow Financial Lives: The Mobile Apps Banks Don’t Know They Use – found that U.S. Let’s start with an example. How to Respond?

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