FICO

FEBRUARY 12, 2018

For all the talk in the UK about disruptors and fintechs and new entrants to the credit market, and about how banks and card issuers need to manage customers in arrears, there’s one group that seems strangely absent from this focus: retailers. It is estimated over £200 billion of UK household debt is in unsecured retail credit.

Retail 63

Retail Management Analytics Compliance 63

PYMNTS

OCTOBER 1, 2020

Kount , the Boise, Idaho-based Software as a Service (SaaS) platform designed to simplify fraud detection and improve profitability, announced it has partnered with Verifi , the payment protection and management company. In June, Visa signed an acquisition agreement with Verifi.

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FICO

JANUARY 11, 2022

With the Omicron variant impacting hospitality and retail sales in December, lenders will be looking at whether they need to reintroduce payment holidays as well as returning to the stricter lending policies that were implemented at the outset of the pandemic until the situation becomes clearer. How FICO Can Help with Card Risk Management.

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Cards Risk Management Management Payments 52

Banking Exchange

JUNE 7, 2019

Advances in digital identity authentication are providing a better customer experience while shrinking the window for losses Technology Retail Banking Tech Management Mobile Online Cards Security Checks/Remote Deposit Capture Core Systems Cyberfraud/ID Theft Risk Management Customers Financial Research Feature Financial Trends Feature3.

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Fraud Risk Management Customer Experience Trends 107

FICO

MARCH 23, 2023

January saw inflation slightly pegged back compared to the end of 2022; retail sales also improved marginally in the new year. In a similar vein, the FICO data shows that many of those consumers missing one credit card payment in December continued to struggle with their debts in the new year, with a marked increased in two missed payments.

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Cards Data Payments Trends 52

PYMNTS

MARCH 22, 2018

Put a bit more simply: Retailers face both a data problem and a time problem. In an interview with PYMNTS, Nathan Trueblood, VP of Product Management at DataTorrent , said customer expectations of retailers are changing — adding both challenge and opportunity to that data/time conundrum.

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PYMNTS

JULY 21, 2017

So started Affirm’s Co-Founder and CEO Max Levchin ’s remarks at his firm’s first-ever AFFIRMation conference for its retail partners in San Francisco yesterday. Sixty percent of Americans fear credit cards,” Levchin noted. For people who live on the coasts, a credit card is an API access to money. “Finance is pretty broken.”.

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Retail San Francisco Cards Conference 111

FICO

FEBRUARY 22, 2023

But this year’s rise seems to also have been driven by inflation, pushing the amount of average credit card spend in the UK to the highest level since our UK Risk Benchmarking records began in 2006. This rise occurred in a month when UK retail sales volumes were widely reported as being down relative to past years.

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Cards Trends Analysis Strategy 52

PYMNTS

OCTOBER 25, 2017

25), TSYS reported earnings results that showed organic revenue growth across its payments processing and card segments. During the call, Troy Woods stated that key technology initiatives in the issuer segment included technology tied to fraud and risk management. Management said both retail and direct channels showed growth.

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Banking Exchange

JULY 8, 2019

Four banks have signed on for the pilot, mostly in Australia Technology Tech Management Blockchain Fintech Feature Financial Trends Feature3 Cards Security Cyberfraud/ID Theft Retail Banking Risk Management.

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blockchain Risk Management Trends Retail 74

PYMNTS

NOVEMBER 6, 2020

COVID-19 has shifted consumers away from card-based payments experiences, while P2P has accelerated a change enabling merchants to own the payments experience itself, Debbie Guerra , executive vice president of merchant and payments intelligence solutions at ACI , told PYMNTS in a recent interview.

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Payments Cards Fraud Retail 274

PYMNTS

JUNE 28, 2019

The payment tech firm offers a suite of data-enriched solutions to help merchants avoid chargebacks on card payments. The addition of Verifi’s technology to Visa’s risk management solutions will introduce greater collaboration and insights to help resolve disputes quickly.”.

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FICO

JANUARY 12, 2022

I recently sat down with Sidhartha Dash, Research Director at Chartis Research, for a conversation about the technology and trends in enterprise fraud management. At the heart of any fraud management operation is the question: What fraud detection technologies and techniques will best work for the business?

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Fraud Technology Management Trends 52

PYMNTS

DECEMBER 6, 2018

Should a deal not be approved, the downside risk for the pound should materialize, which could leave the door open to $1.25 FX As Wild Card? There’s at least some anticipation that foreign exchange (FX) remains a wild card that needs attention. or lower — testing the GBP/USD lows of $1.26 Meanwhile, GBP/EUR could drop to €1.11

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Risk Management Course Management Retail 133

PYMNTS

MAY 27, 2020

That includes catching when data stolen via one banking channel is being used to enable ATOs in other channels, according to Daniel Cohen, head of anti-fraud products and strategy at risk management solutions provider RSA. Otherwise, the fraud could continue unnoticed. FIs can also help in the fight against CNP fraud.

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Fraud How To Analysis Strategy 245

PYMNTS

AUGUST 8, 2019

The collaboration gives the 12,000-plus national ACTA members an opportunity to tap into Western Union’s payments expertise and knowledge of foreign currency transactions and currency risk management, according to a Western Union press release on Thursday (Aug.

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Groups Payments Risk Management Cards 178

ABA Community Banking

MARCH 31, 2016

Customers, too, seen indifferent to EMV protection Payments Risk Management Cards Cyberfraud/ID Theft.

Cards 40

Cards Retail Risk Management Management 40

PYMNTS

SEPTEMBER 24, 2020

New moves from automakers and credit card companies are pushing vehicle commerce — or v-commerce — forward with new data showing it could reach critical mass by the end of the decade. This collaboration represents a new method for payment authentication that will simplify the payment management of any vehicle.

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Risk Management California Payments Conference 249

FICO

JULY 26, 2021

The signs from our UK Credit Market Report for May suggest that consumers are practicing pragmatic financial management, as well as continuing to make use of savings accrued during the pandemic. There are, however, warning signs in our UK credit card data of the financial pressure growing for those already in debt.

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Cards Data Payments Report 52

ABA Community Banking

OCTOBER 27, 2015

Survey says customers want retailers to spend for security Risk Management Cyberfraud/ID Theft.

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Retail Security Risk Management Cards 40

PYMNTS

SEPTEMBER 13, 2018

As FinTechs step into the cross-border payments and foreign exchange (FX) management space, there are more solutions available than ever before for corporates seeking to gain speed and security in payments – and manage risk along the way. Adopting real-time business processes has led them to embrace real-time FX management.

Payments 100

Payments Risk Management blockchain Management 100

PYMNTS

APRIL 2, 2020

It is key to risk management functions, which entail assessing the likelihood that any given transaction could be fraudulent or present a credit risk. Big Data significantly affects banks’ back-of-house operations as well as their customer-facing processes.

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FICO

JUNE 14, 2021

Our latest UK Credit Market Report on card trends for April 2021 shows the impact of the opening up of hospitality and retail on April 12. The figures include a 12 percent rise in card spend and more customers exceeding their card limit. Spend on UK cards continued to increase, along with the percentage of payments.

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Cards Report Marketing Trends 52

FICO

JUNE 1, 2023

Census Bureau reports advanced estimates that retail sales were down 1.2% Trends in the macro environment are seen throughout the credit card industry Rising prices, increases in the cost of securing and carrying debt, and the fear of higher unemployment rates are trickling through to consumer behavior on credit cards.

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Trends Industry US Cards 52

FICO

SEPTEMBER 30, 2022

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. Neeti Aggarwal, CFA senior research manager, The Asian Banker.

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PYMNTS

FEBRUARY 27, 2019

The company’s solution enables its customers to use debit cards, linked with Apple Pay and Apple Business Chat, to transfer funds into a brokerage account, where funds are immediately made available for trading. New initiatives are also rising in the U.S., including one from TD Ameritrade , a Nebraska-based brokerage firm. About the Tracker.

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Nebraska Risk Management Apple Payments 144

FICO

AUGUST 18, 2021

This post explores the credit card trends in the US, UK and Canada, reviewing regional differences and focussing on the impact of the pandemic. The low values in the US could be due to better initial targeting of customers, more appropriate initial limits and activation campaigns or a higher level of offers on the cards. Source: FICO.

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PYMNTS

SEPTEMBER 6, 2016

ACI will be powering EBH’s updated electronic payment options using ACI’s UP Retail Payments solution. ACI’s UP Retail Payments solution will focus on payment type, channel, currency or network and also intends to help EBH to protect the bank’s existing infrastructure regarding its investments and payments.

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Payments Risk Management Retail America 100

PYMNTS

JULY 25, 2017

In recent studies, as noted by EKN Research and Radial, developed nations are seeing an increase in card not present (CNP) fraud, which now accounts for as much as 70 percent of all card fraud and is growing at double-digit percentage rates in some nations. . Fraudsters are leaving card present and finding the weakest entry point.”

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FICO

APRIL 15, 2021

Our February data reflects another month in lockdown and government support, with falling average spend, lower general card and cash usage and decreasing delinquency rates. Spend on UK cards decreased along with the percentage of payments. Card limits remain stable, but the average amount over-limit continues increasing.

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Cards Report Data Payments 52

ABA Community Banking

NOVEMBER 12, 2017

Retail banks still poll low on trust; PayPal, credit cards rank higher Retail Banking Risk Management Customers Operational Risk.

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Risk Management Retail Cards Operations 40

PYMNTS

JULY 20, 2017

Digital Shadows , the industry leader in digital risk management, revealed its findings on the changing habits and tactics of organized credit card fraud gangs, discovering a new trend in the form of remote learning “schools.”. In just two of the most popular ‘carding’ forums, 1.2

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PYMNTS

JANUARY 20, 2020

In the past, however, the industry would think of fraud and risk management as separate processes and managing the data associated with payment details as well as credentials as a separate task. They tend to have one processor per card, and they tend not to route those transactions. reconciliation).

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Payments Risk Management Fintech Innovation 145

ABA Community Banking

FEBRUARY 22, 2018

Debt rising in auto, card, mortgage, and personal loan sectors Retail Banking Risk Management Customers Credit Risk.

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Risk Management Retail Cards Management 40

PYMNTS

JANUARY 10, 2020

With roughly 17 million active users each month and 30,000 diverse online retailers, Honey has delivered some $1 billion in savings to shoppers in the past year. Citigroup Names New Retail Banking Leader. David Chubak will head all retail sectors — branches, mortgages, wealth, risk management and small business, according to a memo.

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PYMNTS

OCTOBER 17, 2016

On pace to more than triple its year-over-year loan volume, Affirm will leverage the facility to continue its expansion of consumer-friendly point-of-sale financing at leading online and offline retailers, the company said in a press release.

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PYMNTS

JULY 14, 2020

“Given how much the demand for installments is increasing, we are also using the already existing parts of the credit system today to scale installment payments with every [Visa] card across the board,” Cetin Duransoy , Visa ’s global head of installment solutions, told PYMNTS. Fast and Furious BNPL Action.

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