Fico Collections

APRIL 3, 2023

The AI-powered algorithms involved have been used to solve a variety of problems, improve supply chains, mobilize teams, and solve other challenges for all types of businesses and industries.

Education 97

Education Financial services Government 97

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. Systems used in banking and financial services are firmly in scope and could be enforced as early as the second half of 2024.

Financial services 52

Financial services Banks Government Acquisition 52

Collection Industry News

OCTOBER 10, 2022

Federal Student Loan Transfers : In July 2021, two major servicers announced an end to their contracts with Federal Student Aid for student loan servicing, triggering the transfer of more than nine million borrower accounts.

Student loans 40

Student loans Student Loans Lender Loans 40

Fico Collections

DECEMBER 15, 2022

Wed, 05/25/2022 - 03:43. As scams grow worldwide – scams grew by 30% in two years in the UK and by 18% from 2020 to 2021 in the US – financial services institutions are looking for new tools to detect and stop them. Saxon Shirley. by Scott Zoldi. Chief Analytics Officer. expand_less Back To Top. Mon, 12/19/2022 - 11:30.

Retail 52

Retail Financial services Collections Banks 52

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.

Banks 52

Banks Financial Institution Financial services Government 52

Fico Collections

AUGUST 16, 2022

Wed, 05/25/2022 - 03:43. Inflation began to rise in the Spring of 2021, but consumers had excess savings from the pandemic and pent-up demand for travel, leading to increases in consumer confidence. The potential negative impacts of higher active rates may not show in the financial data for another six to twelve months.

Credit Card Debt 52

Credit Card Debt Retail Financial services Government 52

Fico Collections

FEBRUARY 12, 2023

What can financial institutions learn from TikTok? Making enjoyable financial services content isn’t easy, but the medium matters a lot. The perceived need to continually underprice competitors can exert a vortex-like pull, drawing financial services firms into a race to the bottom.

Banks 52

Banks Loans Startups Financial Institution 52