NYSE:FICO

FICO Survey: Banking Passwords Are Problematic! Filipinos Want Biometrics

MANILA, the Philippines, July 6, 2020 /PRNewswire/ -- 72% of Filipinos are happy to provide their bank with a biometric Highlights: * The FICO Consumer Digital Banking Survey examines how Filipinos are pro...

2020-07-06 08:00 84

FICO Survey: Malaysians Keen on Biometrics as They Struggle with Banking Passwords

78 percent of Malaysians are happy to provide their bank with a biometric KUALA LUMPUR, Malaysia, June 29, 2020 /PRNewswire/ -- Highlights: * The FICO Consumer Digital Banking Survey examines how Malaysians are protecting their financial information online as reliance on digital services gro...

2020-06-29 08:00 8584

FICO Survey: Philippine Consumers more Comfortable Opening Bank Accounts with Smartphones than Americans and British

26 percent of Filipinos prefer to open a bank account on their phone compared to 18 percent in the US and 25 percent in the UK MANILA, Philippines, June 12, 2020 /PRNewswire/ -- Do Identity Checks by Philippine Ba...

2020-06-12 08:00 16262

FICO Survey: Malaysian Consumers more Comfortable Opening Bank Accounts with Smartphones than Americans and Canadians

23 percent of Malaysians prefer to open a bank account on their phone compared to 18 percent in the US and 16 percent inCanada KUALA LUMPUR, Malaysia, May 29, 2020 /PRNewswire/ -- Do Identity Checks By Malaysian Banks Turn...

2020-05-29 08:00 14112

Home Credit China Cuts Risk by 25 Percent on Consumer Loans to Thin File Applicants

BEIJING, March 26, 2020 /PRNewswire/ -- Global non-bank lender wins FICO® Decisions Award for Financial Inclusion using FICO® Score Highlights: * Home Credit has cut credit risk on point-of...

2020-03-26 08:00 1350

FICO Survey: APAC Banks Lag Behind US and UK in Integrating Fraud and AML Compliance Functions

Only 18 percent say they have a strategic plan to fully integrate functions SINGAPORE, March 5, 2020 /PRNewswire/ -- APAC Banks Lag Behind US and UK in Integrating Fraud and AML Compliance Functions Highlights: * Only 18 per...

2020-03-05 08:30 7583

FICO Survey: Real-time Payments Platforms Have Increased Fraud Losses for 4 out of 5 APAC Banks

SINGAPORE, Jan. 23, 2020 /PRNewswire/ -- 4 in 5 Asia-Pacific banks have seen fraud losses increase due to real-time payment platforms. Highlights: * 4 out of 5 Asia Pacific banks (78%) say the introduc...

2020-01-23 09:00 16424

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 1484

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 1845

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 12420

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 1960

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 8271

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 10643

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 08:30 803

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 08:00 656

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 16:00 604

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 09:00 560

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 1016

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 09:00 560

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 08:00 711
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