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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

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. Department of the Treasury issued the 2023 De-Risking Strategy, as mandated by Congress in the Anti-Money Laundering Act of 2020.

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UK Credit Card Trends: From 2008 Crash to Cost-of-Living Crisis

Fico Collections

Tue, 11/10/2020 - 12:17. Tue, 09/13/2022 - 09:25. As the UK economy transitions from the pandemic to the cost-of-living crisis, is there anything that can be learnt from how the 2008 financial crisis impacted credit card usage? Darcy Sullivan. by Liz Ruddick. expand_less Back To Top. Read more posts on UK cards.

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Why FICO Won Best Technology Provider for Data Analytics

Fico Collections

Thu, 07/07/2022 - 09:40. Leading financial services providers across Europe are adopting FICO Platform in order to break through the silos in their organization and propel growth while reducing the costs associated with installing and maintaining different point solutions for each area of the business. Thu, 08/29/2019 - 17:00.

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UK Credit Cards: Are "Established" Accounts in Trouble?

Fico Collections

As FICO has seen with the increased delinquency for the Established group, average interest per active account is also higher and currently stands 19 percent higher, having risen steeply since July 2020. Balance at Risk FICO’s benchmarking also tracks the “balance at risk” for a customer.

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Financial Wellness: How Banks Can Help Their Customers

Fico Collections

Financial Wellness: How Banks Can Help Their Customers. What can banks do to assist consumers with their financial health – and can this be profitable? Wed, 09/09/2020 - 15:36. Financial wellness is a complex topic with many layers. How Are Banks Performing When It Comes to Financial Wellness?

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European Card Fraud in 2021: Winners, Losers and Scams

Fico Collections

Tue, 11/10/2020 - 12:17. Senior Consultant, Fraud and Financial Crime. Tue, 09/06/2022 - 10:00. Naomi Palmer is a member of the Fraud and Financial Crime Domain team at FICO, having spent time in both fraud consultancy and fraud domain presales roles. Darcy Sullivan. by Naomi Palmer. expand_less Back To Top.

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5 Ways Credit Unions Can Be More Resilient with AI and Analytics

Fico Collections

This COVID pandemic aftershock is about to hit the financial services industry, which means that credit unions need to pay close attention to their capital, asset quality, earnings, and liquidity. Wed, 09/09/2020 - 15:36. Credit unions are sitting on a lot of risk right now. Categories. Customer Development.