Fico Collections

JUNE 1, 2023

Census Bureau reports advanced estimates that retail sales were down 1.2% Compared to Q4 2021, the average interest rate on general purpose credit cards has increased nearly 800 basis points (Source: Federal Reserve G.19 from February 2023 to March 2023. year-over-year, respectively).

Retail 52

Retail Consumer Credit Lender Collections 52

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. transaction review rate than the Falcon Retail Banking fraud score. Saxon Shirley. by Scott Zoldi.

Retail 52

Retail Financial services Collections Banks 52

Fico Collections

JULY 6, 2023

billion in estimated authorized user/scam losses in the US in 2022, £485 million lost in the UK in 2022, 125 million scam victims in Brazil in 2021 (a shocking 59% of the population). The global figures are staggering — $8.8 But scams, and the impact of scams, extend beyond individual bank accounts.

Banks 52

Banks Education Financial Institution Retail 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. As was discussed in the Q1 Bankcard benchmarking review , payment rates continue to hold at ~30% since April 2021. Saxon Shirley.

Credit Card Debt 52

Credit Card Debt Retail Financial services Government 52

Fico Collections

JUNE 15, 2023

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. billion reported in 2021.

Banks 52

Banks Financial Institution Retail 52

Fico Collections

FEBRUARY 7, 2023

Saxon Shirley Fri, 05/20/2022 - 06:06 by FICO expand_less Back To Top Tue, 02/07/2023 - 19:10 As the independent standard in credit scoring, FICO® Scores are the leading credit scores used extensively across the lending ecosystem. FICO® Score Stays Steady at 716

Credit Bureau 52

Credit Bureau Loans Consumer Credit Lender 52

Fico Collections

DECEMBER 5, 2022

Mon, 12/05/2022 - 15:10. A report released by the FTC in February 2022 indicates a 71% increase in fraud in 2021, which cost consumers roughly $5.8 A report released by the FTC in February 2022 indicates a 71% increase in fraud in 2021, which cost consumers roughly $5.8 Tue, 07/02/2019 - 02:45. by Sarah Rutherford.

Banks 52

Banks Education Loans Financial Institution 52