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US Bankcards Industry Benchmarking Trends: 2022 Q3 Update

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Tue, 03/23/2021 - 22:16. One more unknown is how the expiration of student loan payment deferment and the upcoming loan cancellation will impact the overall cash flow of consumers. Payments and interest accrual due dates have been extended into 2023, after almost three years of suspension. NicholetteLarsen@fico.com.

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Top 5 Customer Development Posts of 2022: Digital Banking and Pricing Opti

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Home Blog FICO Top 5 Customer Development Posts of 2022: Digital Banking and Pricing Opti The most popular posts in our Customer Development category dealt with digital banking, optimizing credit line increases, loan pricing and machine learning for credit risk models. But competitive loan pricing doesn't need to be a downward spiral.

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How to Unlock the Power of Hyper-Personalization

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Nearly 60 percent of retail bank customers expect their bank to help them improve their financial health, according to a recent JD Power survey. For instance, banks can pre-emptively fetch and send a list of insurance quotes to a customer who applied for an auto loan. And, it’s exactly what banks should be striving to achieve.

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