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FICO World 2023: Four Enterprise Fraud Management Takeaways

FICO

Beyond the pleasure of leading a FICO Falcon Fraud Manager User Forum and moderating a couple of panel breakout sessions, I I was also able to catch up with many of the fraud-focused attendees from around the world. Let’s dig in a little deeper. Scams: A Top Fraud Concern Scams are becoming a leading fraud concern, all around the world.

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New Square Features Speed Up Payroll For Employers And Workers

PYMNTS

We created On-Demand Pay for employees so they can access their earnings when they need them, as soon as their shift has ended," Caroline Hollis , general manager of Square Payroll, stated in the news release. "Because businesses still run payroll on a fixed schedule, employees are paid days or weeks after they’ve worked.

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Deep Dive: Emerging Security Threats Facing The CU Space And How Data Analytics Can Help

PYMNTS

Three common forms of fraud that can threaten credit unions (CUs) are check fraud, card fraud and automated clearing house (ACH) fraud, and fraudsters often deploy phishing emails to deceive and defraud customers. Clicking can initiate malicious attacks and spyware that can steal passwords, credit card numbers and other data from browsers.

Analytics 141
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Deep Dive: How CUs Are Rethinking Their Credit Solutions During The Pandemic

PYMNTS

Credit unions of various sizes were eager to roll out credit card innovation plans before the COVID-19 pandemic’s onset. These expectations also drove CU executives’ innovation agendas, with 91 percent voicing serious interest in developing card product innovations. percent planned to unveil mobile wallet-enabled cards.

San Diego 141
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Reflections 2022: The Power of Patents and the People Behind Them

FICO

Some of the patents granted this year that are most meaningful to me include: “Visualization for Payment Card Transaction Fraud Analysis,” which relates to a computer-implemented method and system for visualizing payment card transactional fraud analysis. This technology is incorporated into FICO® Falcon® Fraud Manager.

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The 14 Biggest Payments & Card Industry Conferences & Events in 2023

Fintech Labs Insights

These are the largest events in the financial services industry geared towards payments and card technologists, program managers, marketers, developers and C-Suite execs at both legacy financial institutions and upstart payments firms and card issuers. And prices tend to rise as the event draws closer.

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Average U.S. FICO® Score Stays Steady at 716, as Missed Payments and Consumer Debt Rises

FICO

As the independent standard in credit scoring, FICO® Scores are the leading credit scores used extensively across the lending ecosystem ranging from originations, underwriting and account management to collections and asset-backed securitization. As of April 2022, the average credit card utilization was 31%. in April 2022.