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Responsible AI: Are European Firms Ready for the Regulators?

FICO

Home Blog FICO Responsible AI: Are European Firms Ready for the Regulators? In banking and financial services within North America, our research shows that AI is an even higher priority now than 12 months ago for 52% of financial services organisations.

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How Banking CIOs Can Deliver Data-Driven Intelligence at Scale

FICO

How Banking CIOs Can Deliver Data-Driven Intelligence at Scale. Thu, 08/22/2019 - 12:37. Wed, 08/03/2022 - 12:10. Banking and financial services continue to be disrupted by leaner, new-to-market fintechs andchallenger banks, as well as shifting economic and regulatory conditions. by Richard Lagerweij.

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Defending Your Fully Digital Wallet Against Fraud

FICO

The ATM population peaked at around 470,000 total devices in 2019 , but dropped to 456,000 in 2022. The ATM population peaked at around 470,000 total devices in 2019 , but dropped to 456,000 in 2022. As banks close branches, even more ATMs are going with them. Where Did My Cash Go? I uncovered some fascinating insights.

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5 Scam Protections Customers Want from Their Bank

FICO

In the 2023 FICO Global Scams Survey , we asked consumers worldwide what they think banks could do better to combat scams and create a better customer experience for victims. Their top five responses provide a blueprint of customer-friendly steps banks can take to counter RTP scams and improve customer experiences when scams occur.

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How to Unlock the Power of Hyper-Personalization

FICO

As noted in my recent Forbes article , banking organizations—not just marketers—must be able to convert their customer data into actionable insights, or they risk lagging at a time when customers are demanding more than ever from their banks. Banks need insights that help them meet customers where they are in life.

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5 Ways Subscription Fraud Attacks Telcos - and How to Fight Back

FICO

These are then used to defraud multiple banks with fraudulent accounts, credit cards, and loans. billion, according to CFCA’s 2021 Fraud Loss Survey Report. For example, a synthetic identity could be used to create a fraudulent subscription. This in turn helps build a false identity associated with a mobile number.

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