Fico Collections

APRIL 26, 2023

Consumer defection and acquisition are costly, as are customers who may maintain but cease to use an account. In our survey, customers indicated some key steps they expect from their financial institutions: More education 31% of consumers worldwide would like to see their banks provide more education regarding scams.

Banks 52

Banks Education Financial Institution Acquisition 52

Fico Collections

DECEMBER 2, 2020

Bank Negara acted and in July 2020 they confirmed that with immediate effect, banks and other financial institutions could deploy eKYC as part of the onboarding process. They even gave financial institutions the go-ahead to utilize artificial intelligence and machine learning to support their eKYC processes.

Banks 72

Banks Financial Institution Acquisition Financial services 72

Fico Collections

JUNE 23, 2022

The way organizations have grown has not been conducive to achieving a holistic view,” said Julie, noting that growth through acquisition creates “huge silos from those acquisitions that never get put together. Julie added that bank mergers and acquisitions, and retirements, open up the possibilities for change.

Acquisition 52

Acquisition Financial Institution Banks Government 52

Fico Collections

JANUARY 8, 2021

FICO’s suite of interconnected Acquisition, Origination, and Growth capabilities for Telecommunications helps organizations do exactly that. If you’re interested in making smarter, faster acquisition and retention decisions, we’d love to talk with you. . #2. Finding Business Opportunities From Covid-19. by FICO.

Acquisition 52

Acquisition Loans Financial Institution Lender 52

Fico Collections

MARCH 7, 2023

At the same time, examples of AI-powered financial institutions denying credit applications because of bias unwittingly loaded into the AI engines’ algorithms also eroded trust in AI for credit decisions. Up to 27% of organisations in this sector haven’t even started defining their ethical and responsible AI capabilities yet.

Financial services 52

Financial services Banks Government Acquisition 52

Fico Collections

JULY 9, 2021

These solutions provide great benefits once an account has been originated, however they lack effective tools for the acquisition stage of the lifecycle. To find out more about how PrescreenCentral can benefit both FinTech partners and financial institutions alike, read the new executive brief. by Patrick Housel.

Acquisition 52

Acquisition Credit Unions Credit Unions Financial Institution 52

Fico Collections

JULY 9, 2021

These solutions provide great benefits once an account has been originated, however they lack effective tools for the acquisition stage of the lifecycle. To find out more about how PrescreenCentral can benefit both FinTech partners and financial institutions alike, read the new executive brief. by Patrick Housel.

Credit Unions 52

Credit Unions Credit Unions Acquisition Banks 52