Remove 2019 07
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Despite Rapid Adoption of Digital Channels, Customer Trust Lags

Fico Collections

Tue, 07/02/2019 - 02:45. Though adoption of digital banking and e-commerce has grown substantially in the past three years, it isn't the case that all consumers prefer to use digital means, namely web portals or mobile apps, to apply for new accounts, cards, or loans. Accounts via Digital, Loans Not as Much. FICO Admin.

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FICO Score 10, Most Predictive Credit Score in Canadian Market

Fico Collections

Tue, 07/02/2019 - 02:45. One key observation when looking at pre-pandemic time periods in Canada, is that the average Canadian FICO® Score did decrease between April 2018 and April 2019. FICO Score 10, Most Predictive Credit Score in Canadian Market. FICO Score credit risk trends through the COVID-19 pandemic. FICO Admin.

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Analysis of a Scam Email – “The Webster Law Firm” and Speedy Cash

Debt Free Colorado

If you’ve ever taken out a payday loan, chances are that you’ve received an email like the following, regardless of whether you paid off the loan or not. Date: Tue, Mar 30, 2021 at 1:07 PM. Subject : Unpaid loan Invoice. Are you trying to collect a debt or sign me up for a new loan? That’s odd.

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Addressing Portfolio Risk in Economic Uncertainty: Part 2 (2022)

Fico Collections

Thu, 12/19/2019 - 16:29. Figure 1: Auto finance account origination default rates by FICO® Auto Score 8, Oct 13-Oct 15 and Oct 07-Oct 09 versus a theoretical 3% default rate cut-off. Figure 2: Auto finance account origination default rates by FICO® Auto Score 8 and FICO® Resilience Index 2, Oct 07-Oct 09. FICO Admin.

Lender 52
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Biometric Security Crucial for Fraud Protection and CX

Fico Collections

Tue, 07/02/2019 - 02:45. FICO’s 2022 Fraud and Customer Experience survey uncovered important insights about what FIs’ customers value most, particularly when opening new financial accounts or applying for loans. FICO Admin. by Sarah Rutherford. expand_less Back To Top. Tue, 12/13/2022 - 11:20. Customers Prefer Easy & Safe.

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First-Party Fraud Must Be Stopped Across the Customer Lifecycle

Fico Collections

Tue, 07/02/2019 - 02:45. FICO’s 2022 global consumer survey on financial services and fraud produced some surprising results, but none more alarming than the 25% to 30% of financial institutions’ (FIs’) customers who think it is normal or OK in some cases to falsify income on an application for an account or loan (see chart).

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Digital Collections: 7 Things That Can Make You More Successful

Fico Collections

Tue, 07/02/2019 - 02:45. In their research, they found that a digital omnichannel approach is achieving results such as: 20-25% reduction in non-performing loans. Digital Collections: 7 Things That Can Make You More Successful. Here are some tips for success. FICO Admin. by Ulrich Wiesner. expand_less Back To Top.