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/ --
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/ --
Home Credit China Cuts Risk by 25 Percent on Consumer Loans to Thin File Applicants
BEIJING, March 26, 2020 /PRNewswire/ --
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/ --
FICO Survey: Real-time Payments Platforms Have Increased Fraud Losses for 4 out of 5 APAC Banks
SINGAPORE, Jan. 23, 2020 /PRNewswire/ --
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...
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 (...
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...
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...
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/ --
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...
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...
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/ --
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/ --
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...
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. *...
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'...
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: 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...
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
