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Explore Regulatory Compliance Best Practices at FICO World

FICO

During this period of Congressional gridlock, much of the activity in Washington DC impacting the financial services industry remains focused on the development and implementation of new regulations. Model management continues to present financial institutions with new compliance obstacles.

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Vantiv, Now Worldpay: A Decision Management Maturity Rockstar!

FICO

Luckily, Decision Management (DM) technology has been invented and has come a long way since AC/DC released this epic anthem in 1975. The reduction of onboarding timelines from days to minutes is only the start of the benefits, those additional benefits including: Increased accuracy in detecting merchant fraud and default.

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Yes, I really did just accept an a position on the Consumer Advisory Board of the CFPB! (Consumer Financial Protection Bureau)

Javelin Strategy & Research

This will require several trips a year to Washington, DC along with several touch-points, and I’m looking forward to getting acquainted with the CFPB’s staff and other 24 Consumer Advisory Board (CAB) members. I have a lot to learn! I can’t get enough of innovation and digital strategy. So what do you think I should focus on?

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Top 5 Risk Analytics Posts: From Rising FICO Scores to Alt-Data

FICO

Here were the top 5 posts of 2017 in the Risk & Compliance category: US Average FICO Score Hits 700: A Milestone for Consumers. fraud alerts) in accordance with the 1991 Telephone Consumer Protection Act (TCPA). Follow this blog for our 2018 insights into risk analytics and regulatory compliance. Read the full post.

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Fintech Policy in the US – Things Are Things Heating Up

FICO

It’s August and it’s hot in Washington DC. FICO knows this well since its Customer Communication Services is used to send important messages, like fraud alerts and payment reminders, to customers who have provided opt-in consent. Yet in the nation’s capital, fintech policy may actually be hotter than the temperatures outside.

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37 Corporate Innovation Labs In Finance

CB Insights

Companies are turning to accelerators, funds, and labs to try to find the next big thing that will reduce fraud, speed up transaction times, and catch on with consumers. Fidelity — Fidelity Center for Applied Technology (FCAT) and Fidelity Labs. One popular approach: in-house financial innovation labs. Founded: 1999 and 2005.

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2017 Banking Regulatory Predictions—Brace for a Sea Change

FICO

Last fall, I suspect that most regulatory compliance professionals in the U.S. While I won’t ever be mistaken for Nostradamus, amidst this regulatory sea change, I feel (relatively) confident in sharing with you my top regulatory compliance predictions for 2017. consumer lending market anticipated 2017 would be more of the same.