Fico Collections

JUNE 1, 2023

Census Bureau reports advanced estimates that retail sales were down 1.2% However, the active rate of 52% continues to be higher than historically observed compared to a stable rate around 49% in 2019. from February 2023 to March 2023. The percentage of customers actively using their card in March is off by 1% year-over-year.

Retail 52

Retail Consumer Credit Lender Collections 52

Fico Collections

SEPTEMBER 29, 2022

Tue, 07/02/2019 - 05:23. Wed, 09/28/2022 - 15:25. Tim has over 15 years' experience spanning banking, finance, retail and marketing analytics. Since joining FICO in early 2011, Tim has focused helping retail and marketing clients achieve their customer goals. FICO Admin. by Tim Young. expand_less Back To Top.

Acquisition 52

Acquisition Retail Debt Management Lender 52

Fico Collections

SEPTEMBER 27, 2022

Digitalization and artificial intelligence will radically change retail banking. Thu, 12/19/2019 - 16:29. Mon, 09/26/2022 - 18:25. Artificial intelligence and digitalization promise to significantly improve the cost structure in retail banking. Digitalization and Artificial Intelligence: 5 Keys to Success. FICO Admin.

Banks 52

Banks Retail Manufacturing Financial Institution 52

Troutman Sanders

MAY 9, 2023

On May 2, the Federal Housing Administration published Mortgagee Letter 2023-09 to implement provisions of the Adjustable-Rate Mortgages (ARM): Transitioning from LIBOR to Alternative Indices final rule. Strengthen Retail (Consumer) Investor Protections. For more information about the White House’s blog post, click here.

Financial services 52

Financial services Student loans Student Loans Loans 52

Fico Collections

SEPTEMBER 20, 2022

Thu, 08/22/2019 - 12:37. Tue, 09/20/2022 - 11:50. Customers who are using models for retail banking have benefited from that, for example; we’ve made a conscious effort into putting latent data analytics features that maintain fraud performance but improve scam performance at the same time. FICO Admin. by TJ Horan.

Retail 52

Retail Banks 52

Fico Collections

MAY 3, 2023

Financial institutions (FIs) can use new artificial intelligence (AI) models, machine learning (ML) tools, and scoring methods, including retail banking models with a scam detection score. Read how FICO’s award-winning retail banking and scam detection model can help identify and stop potentially fraudulent RTP transactions.

Banks 10

Banks Retail Financial services Financial Institution 10

Fico Collections

JANUARY 9, 2023

Thu, 12/19/2019 - 16:29. Mon, 01/09/2023 - 10:20. It gives a simple instruction that firms “must act to deliver good outcomes for retail customers”. Act in good faith towards retail consumers. Profitability and Customer Financial Health in Retail Banking. FICO Admin. by Peter Lemon. Lead Consultant. See all Posts.

Retail 52

Retail Collections Government Financial services 52