NYSE:FICO

China Construction Bank Expands Its Business With Millennial Credit Card Holders Using Big Data Predictive Analytics

China's top bank wins FICO® Decisions Award for business results achieved with the FICO® Score X Data BEIJING, Aug. 15, 2019 /PRNewswire/ -- Highlights: * China Construction Bank (CCB) has significantly improved its credit card approval rates and the automation of these approvals * The impl...

2019-08-15 08:30 1363

Shanghai Pudong Development Bank Credit Card Centre Automates Early Collections With Intelligent Machine-Learning System

SPDB reduces collection costs by a third with automation BEIJING, July 16, 2019 /PRNewswire/ -- Shanghai Pudong Development Bank (SPDB) Credit Card Centre (CCC), one of the leading credit card issuers inChina with more than40 million cards issued, has used FICO® Customer Communication Services (...

2019-07-16 08:00 1730

FICO Survey: 3 in 5 APAC Banks Do Not Have Full Digital Account Opening For New Customers

Changing regulations (28%) and digital KYC/AML (21%) remain biggest challenges SINGAPORE, June 6, 2019 /PRNewswire/ -- Highlights: * 60 percent of Asia Pacific (APAC) banks surveyed either have no digital onboarding process for new customers, or only part of it has gone online * However, 79...

2019-06-06 09:00 12306

China Minsheng Bank Credit Card Centre Uses FICO Decision Management to Grow Credit Card Business

FICO® Blaze Advisor® decision rules management system used to create an intelligent marketing system with instant approvals BEIJING, May 23, 2019 /PRNewswire/ --  HIGHLIGHTS: * China Minsheng Bank Credit Card Center is using FICO® Blaze Advisor®  decision rules management system to grow its c...

2019-05-23 09:00 1840

FICO Survey: 3 in 4 APAC Banks Believe Fraud Will Increase in 2019

Card-not-present and application fraud ranked by banks as most concerning SINGAPORE, April 16, 2019 /PRNewswire/ -- What are the current 'fraud block' strategies for Asia Pacific banks? Highlights: ...

2019-04-16 08:00 8199

FICO Survey: 9 in 10 APAC Banks Feel They Lag Behind US and Europe in Use of AI

SINGAPORE, Jan. 24, 2019 /PRNewswire/ -- Highlights: * 91 percent of risk officers in Asia-Pacific see themselves behind banks in the US andEurope in terms of implementing artificial intelligence (AI) technologies, according to FICO's latest survey * About 2 in 5 banks see the lack of talent...

2019-01-24 09:00 10577

Japan's LIFECARD Introduces FICO® Score to Grant More Credit to Existing Customers With Less Risk and Cost

LIFECARD using FICO® Score to better evaluate risk for credit line increases and credit risk of their existing customers SINGAPORE, Dec. 11, 2018 /PRNewswire/ -- * LIFECARD is the first lender in Japan to adopt the FICO® Score to enhance its credit assessment for existing customers. * The FI...

2018-12-11 08:30 649

FICO Survey: 8 in 10 Indian Firms Have Cybersecurity Insurance -- But Only Half Say It Is Full Coverage

Indian telco providers best prepared, with 60 percent reporting comprehensive cyber insurance MUMBAI, India, Nov. 1, 2018 /PRNewswire/ -- 82 percent of Indian businesses have cyber-risk insuranc...

2018-11-01 08:00 564

FICO Survey Finds Indian Firms Are Overly Confident About Their Cybersecurity

Almost 9 in 10 Indian firms say their protection is above average, and 4 in 10 think they're a "top performer" MUMBAI, India, Oct. 18, 2018 /PRNewswire/ -- Are Indian firms overly confident about their cybersecu...

2018-10-18 16:00 519

FICO's Intelligent Collections Help Metrobank Card Meet Growth and Improve Customer Service

One of the largest payment solution providers in the Philippines redeploys staff to more strategic work using FICO® Customer Communication Services  SINGAPORE, July 24, 2018 /PRNewswire/ --    Highlights: * Metrobank Card Corporation (MCC) has automated its early collections using FICO® Custo...

2018-07-24 09:00 477

Shanghai Pudong Development Bank Issued More Than 9 Million New Credit Cards Last Year Using FICO Originations

FICO's big data AI analytics reduces risk by 50% with an approval rate that is four times higher BEIJING, June 28, 2018 /PRNewswire/ -- Highlights: * Since January SPDB Credit Card Center's total number of successful credit card applications using FICO originations has exceeded 9 million. *...

2018-06-28 09:00 918

FICO Helps Malaysia's Credit Guarantee Corporation Accelerate and Automate Small Business Lending

Loans issued in days rather than weeks while bad debts reduced to 3 percent of loan book KUALA LUMPUR, Malaysia, June 25, 2018 /PRNewswire/ --  Highlights: * Credit Guarantee Corporation Malaysia Berhad (CGC) has launched direct loans to micro, small and medium enterprises (MSMEs) using FICO'...

2018-06-25 09:00 489

FICO Survey: 70% of APAC Banks Will Use AI in Collections and Recovery by 2019

Half say the biggest impact of artificial intelligence will be the ability to better optimize collection decisions SINGAPORE, April 12, 2018 /PRNewswire/ -- FICO Survey: 70% of APAC Banks Will Use AI in Collections...

2018-04-12 08:00 636

FICO Survey: 6 in 10 APAC Banks Say Use of Fraudulent 'Synthetic Identities' on the Rise

Card testing also rises significantly in APAC in 2017 SINGAPORE, Feb. 7, 2018 /PRNewswire/ -- HIGHLIGHTS: * 1 in 5 APAC banks say that the number of fraudulent applications for credit cards now sits betweenfive to 10 percent of all applications. * 44 percent of banks believe that social pl...

2018-02-07 08:00 667

Globe Telecom Cuts Delinquencies by 40 Percent Using FICO Solution for Analytically Driven Collections

SINGAPORE, Jan. 26, 2018 /PRNewswire/ -- Globe Telecom (Globe), one of the major telecommunications services providers inthe Philippines, has reduced account delinquencies by 40 percent year-on-year, since its deployment of FICO® Customer Communication Services

2018-01-26 09:00 761

New FICO Credit Scores Provide Lenders Opportunity to Expand Access to Credit in India for Nearly 350 Million

FICO® Score for India and the new FICO® Score X Data India use new data and platforms to evaluate risk across credit bureaus and establish a path to credit access BEIJING, Nov. 1, 2017 /PRNewswire/ -- * According to The World Bank, nearly 350 million adults in India have no access to mainstr...

2017-11-01 08:00 764

New FICO Credit Scores Provide Lenders Opportunity to Expand Access to Credit in India for Nearly 350 Million

SINGAPORE, Oct. 25, 2017 /PRNewswire/ -- * According to The World Bank, nearly 350 million adults in India have no access to mainstream lending opportunities due to insufficient data. * FICO® Score for India, which uses data from any of the major credit bureaus, brings proven technology in a...

2017-10-25 21:00 676

Chartis Names FICO a Category Leader in Enterprise Fraud and AML Solutions

SINGAPORE, Sept. 28, 2017 /PRNewswire/ -- HIGHLIGHTS: * FICO was named a Category Leader in enterprise fraud solutions and anti-money laundering (AML) solutions by research firm Chartis Research. * Category Leaders are defined by Chartis as having high market potential and completeness of o...

2017-09-28 09:00 2279

China Guangfa Bank Credit Card Center Cuts Collection Costs and Improves Customer Service Using FICO Solution

Guangfa Bank Credit Card Center wins prestigious "Best Self-Service Banking Project inChina" award from The Asian Banker BEIJING, Aug. 9, 2017 /PRNewswire/ -- HIGHLIGHTS: * China Guangfa Bank Credit Card Center is using FICO® Customer Communications Services (CCS) to help reduce its cost of ...

2017-08-09 11:36 2486

FICO Survey: 77 Percent of APAC Banks Say Inability to Rate the Risk of Unbanked Consumers Constrains their Business Growth

41 percent of APAC banks have a customer growth target of 20 percent or more for 2017 SINGAPORE, June 22, 2017 /PRNewswire/ -- 77% of APAC banks missing growth opportunity due to inability...

2017-06-22 08:00 2720
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