FICO

SEPTEMBER 30, 2022

Meet Our 2023 FICO Decisions Awards Judges. FICO has announced its panel of independent judges for the 2023 FICO® Decisions Awards , which honor businesses achieving outstanding results using analytics and decision management technology to grow their business, manage risk and reduce costs. Saxon Shirley.

Meeting 52

Meeting Analytics Management Strategy 52

Perficient

JANUARY 3, 2024

The COVID-19 pandemic prompted several unprecedented shifts in society, notably impacting the workplace and necessitating the adoption of innovative technologies that facilitate collaboration and efficiency in a work-from-home (WFH) environment. Reduction in inspection frequency from annually to every three years.

Compliance 221

Compliance Risk Management Regulation Industry 221

South State Correspondent

JANUARY 30, 2024

Marketing and technology (IT) are two budgets that have taken the most significant hit. For perspective, 2023 and what we expect for 2024 can be characterized as keeping up with revenue. Benchmarking can help banks better optimize capital as it gives bank management a sense of what the average is for the industry.

Capital 195

Capital Operations Customer Experience Comparison 195

Perficient

NOVEMBER 27, 2023

According to The Forrester Wave : Process Intelligence Software, Q3 2023 report , “Customer-obsessed companies are adapting how they work internally to deliver shorter turnaround times at higher quality and/or lower cost. This is partly due to processes being forced to run across a rigid and fragmented technological landscape.

Industry 221

Industry Regulation Compliance Data 221

Alex Jimenez

NOVEMBER 4, 2023

FinTech Revolution and AI: The overarching trend was the continued evolution and revolution in the FinTech industry, including the adoption of AI and emerging technologies. While most people talking about AI seemed to be annoyed about the buzz that generative AI has wrought, they understand that we are seeing a new phase in AI technologies.

Conference 84

Conference Meeting Trends Fintech 84

Abrigo

SEPTEMBER 11, 2023

DOWNLOAD Takeaway 1 With generative AI technology improving by the day, the question is not if the banking industry will utilize it, but when. Takeaway 2 AI can lead to more accurate and consistent outputs or predictions, better risk management, and improved customer experiences. So, what is generative AI?

Risk Management 195

Risk Management Data Technology Fintech 195

FICO

AUGUST 3, 2022

Fraud Ideas from FICO World 2022 – and Excitement for 2023! Intrepid payments professional that I am, my thoughts are still lingering on what a great event FICO World 2022 was, the amazing fraud insights we shared, and how excited I already am for FICO World 2023. Innovative Customer Communications for Fraud. by TJ Horan.

Fraud 52

Fraud Analytics Trends Innovation 52

PYMNTS

OCTOBER 16, 2019

Money laundering has always troubled financial institutions, but today’s digital banking system creates additional complexities as fraudsters around the world take advantage of financial technologies. However, more than half (51 percent) characterized their AML risk assessment, specifically, as “very” or “completely” effective.

Compliance 123

Compliance Fraud Study Digital Banking 123

PYMNTS

MARCH 22, 2018

In fact, some estimate that the industry will become a $43 billion market by 2023 – and Sift Science is not the only player. In a very short time, Simility has come to be recognized as a thought leader in fraud and risk management,” said CEO and co-founder Rahul Pangam. For example, Palo Alto-based Simility received $17.5

Fraud 108

Fraud Atlanta Capital Big Data 108

Abrigo

NOVEMBER 17, 2023

billion to fraud in 2022, a 44% increase over the prior year and a trend that has continued into 2023. In assessing the true cost of fraud, Gartner, the respected technological research and consulting firm, has coined three distinct pillars of fraud costs. According to the Federal Trade Commission (FTC), consumers lost $8.8

Fraud 195

Fraud Training Trends Compliance 195

FICO

JUNE 16, 2023

In case you didn’t get a chance to attend this year, here’s a recap of the top customer management experience themes and presentations. As technology continues to expand, so will the demand for emotional intelligence and emotional connection. The full Bradesco presentation can be found at the FICO Resource Center.

Trends 52

Trends Management Customer Experience Resources 52

PYMNTS

DECEMBER 8, 2020

It’s important to solve for risk management and the rails (and the fact, too, that multiple agencies have been involved, such as the Bureau of Fiscal Services). Technology is not a default, according to Robinson, but a good meeting point to get that conversation between private and public stakeholders. “If

Payments 183

Payments Fraud Taxes Tools 183

FICO

MARCH 30, 2023

And data from the latest US FICO 2023 Scams Survey shows that 72% of Americans have gotten an unsolicited text, email, phone call or other outreach they thought was part of a scam, further highlighting the pervasive and persistent nature of scammers. And I don’t have to worry about back problems from sitting on a small phone book!

Fraud 52

Fraud ATM South Carolina Management 52

FICO

FEBRUARY 17, 2023

Innovation Born of Necessity Recently, my digital wallet visions were tested by my rusty golf skills. I had my phone with me and wondered if contactless payment technology would help me pay for a bucket of driving range balls. I was thinking to myself, “There is no way this bolt-on technology contraption is going to work.”

South Carolina 52

South Carolina Fraud Management Payments 52

FICO

FEBRUARY 9, 2023

Continuous Innovation, Fast Go-To-Market, Technology and Talent For traditional banks faced with more agile and digitally advanced competitors, the challenge can seem daunting. There are still plenty of opportunities for the innovators. Speed and Scale Scale matters more than ever as banks look to compete on technology.

Analytics 52

Analytics South Carolina Management US 52

FICO

MAY 3, 2023

Jonathan Williams from the UK Payment Systems Regulator will be giving an overview of the UK's experience, how it is tackling financial crime and achieving true innovation, and what emerging and potential markets can take away from the UK’s experience. Fortunately managing APP fraud is an area of expertise for FICO.

Fraud 52

Fraud Strategy Analytics South Carolina 52

FICO

SEPTEMBER 20, 2022

Scott Zoldi , Chief Analytics Officer of FICO, is one of the driving forces of the artificial intelligence (AI) and decisioning technology that powers FICO® Falcon and an entire family of fraud-fighting solutions. Scott: As a manager on a fraud team, it’s important to understand what the model is focused on, and what it’s not.

Fraud 52

Fraud Analytics Strategy System 52

Jeff For Banks

JUNE 2, 2023

//Jeff Marsico remarks to the 2023 New Jersey Bankers' Association Annual Convention: May 19, 2023// Four decades ago, the prolonged savings-and-loan crisis devastated the industry. I – like many – will use technology to move my money but keep my account open – costing the bank money. trillion failed.

FDIC 78

FDIC Community Bank Regulation Lending 78

Abrigo

APRIL 22, 2024

Takeaway 3 Depository lenders are enhancing their lending procedures and technologies to meet institution risk and return requirements as they grow. The Fed’s latest Small Business Credit Survey , conducted in 2023 and released in 2024, found that nearly 60% of employer firms had sought financing in the previous 12 months.

Lending 244

Lending St. Louis Community Marketing 244

Abrigo

MAY 22, 2024

Takeaway 3 Depository lenders are enhancing their lending procedures and technologies to meet institution risk and return requirements as they grow. The Fed’s latest Small Business Credit Survey , conducted in 2023 and released in 2024, found that nearly 60% of employer firms had sought financing in the previous 12 months.

Lending 195

Lending St. Louis Community Marketing 195

FICO

APRIL 24, 2023

Trust Bank implemented the customer onboarding and risk management capabilities using FICO® Platform , a cloud-based decisioning platform that allows companies to centralize and operationalize advanced analytics at speed to enhance customer experience, for optimal digital onboarding.

Risk Management 52

Risk Management Digital Banking Customer Experience Management 52

Abrigo

FEBRUARY 6, 2024

Yet despite warnings about the high prevalence and high costs of check fraud, many banks and credit unions operate without systematic fraud prevention programs or lack the technology to combat check fraud. which lost $135 million to check fraud in 2023 through Sept ember 30. Controlling fraud risks should be an important part of it.

Fraud 222

Fraud Training Trends Regional 222

FICO

MAY 17, 2023

These rich enhancements span the digital innovation lifecycle, from data to insights to actions to business outcomes and further differentiate our flexible capabilities like analytics & machine learning, decisions, mathematical optimization, and business simulation.

Analytics 52

Analytics Innovation Data Tools 52

FICO

JANUARY 5, 2023

Four 2023 U.S. Open banking, BNPL, cybersecurity and AI will all be under the microscope for regulators and policymakers, but not all areas will see major action in 2023. Thu, 01/05/2023 - 15:45. The CFPB's New Open Banking Proposal Will Accelerate Exciting Product Innovations. FICO Admin. Tue, 07/02/2019 - 02:45.

Policies 52

Policies Company Regulation Risk Management 52