Remove 2019 01
article thumbnail

US Bankcards Industry Benchmarking Trends: 2023 Q1 Update

Fico Collections

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. Credit card lenders are not only dealing with higher loss forecasts in 2023. from February 2023 to March 2023. year-over-year.

Retail 52
article thumbnail

Top 5 Fraud Posts for 2022: Scams, Contactless and Money Mules

Fico Collections

Tue, 07/02/2019 - 02:45. Tue, 01/10/2023 - 11:30. Matt recommended that lenders: Mitigate the risks now. In his blog FICO Integrates Fraud and Scam Detection in FICO Falcon Retail Banking 3.0 FICO Admin. expand_less Back To Top. Few things change faster in the financial services space than fraud trends.

article thumbnail

FCA’s Consumer Duty Mandates Sharper Use of Technology

Fico Collections

Thu, 12/19/2019 - 16:29. Mon, 01/09/2023 - 10:20. Every UK bank, lender and financial services firm is likely to have the FCA’s Consumer Duty front-of-mind right now. It gives a simple instruction that firms “must act to deliver good outcomes for retail customers”. Act in good faith towards retail consumers.

Retail 52