Remove 2019 06
article thumbnail

Canada Bankcard Industry Benchmarking Trends: 2022 Q1 Update

Fico Collections

Tue, 07/02/2019 - 02:45. Tue, 06/07/2022 - 15:00. The government of Canada raised its target for overnight rate to 50 bps to 1 % on April 13th, 2022. Further rate hikes are expected as Canada’s government tries to combat inflation. Canada Bankcard Industry Benchmarking Trends: 2022 Q1 Update. by Amir Sikander.

article thumbnail

Top 5 Scores Posts of 2022: Steady FICO Score, BNPL and Alternative Data

Fico Collections

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. Now, the average FICO® Score has leveled off during the second year of the pandemic.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Meeting Debt Collection Challenges Amid a Squeeze on Income

Fico Collections

Tue, 07/23/2019 - 04:13. Thu, 06/16/2022 - 15:20. The expected debt tsunami predicted in many markets simply didn’t materialise thanks to government-backed income protection initiatives and payment holiday tolerance by creditors. Collections books for many lenders reduced. by Bruce Curry. expand_less Back To Top.

article thumbnail

6 Digital Transformation Trends Highlighted at FICO World 2022

Fico Collections

Tue, 07/02/2019 - 02:45. Wed, 06/22/2022 - 12:30. As the target is primarily the younger Millennial and Gen-Z segments, who may have thin credit files, transaction data holds key insights into BNPL applications, FICO Platform enables lenders to process new data streams at speed, decisioning customers in - or near to - real-time.