FICO

OCTOBER 19, 2022

UK Card Risk Trends: Summer Data Indicates Challenges Rising. FICO’s report of UK card risk trends for summer 2022 (June-August) paints a picture of inconsistent consumer behaviour and market patterns which will be challenging for lenders to manage as the cost-of-living crisis impacts financial spending and consumer finances.

Risk 52

Risk Credit Cards Advisors Card Issuer 52

FICO

MARCH 23, 2023

These card performance figures are part of the data shared with subscribers of the FICO® Benchmark Reporting Service. The data sample comes from client reports generated by the FICO® TRIAD® Customer Manager solution in use by some 80 percent of UK card issuers.

Credit Cards 52

Credit Cards Payments Advisors Card Issuer 52

FICO

FEBRUARY 22, 2023

These card performance figures are part of the data shared with subscribers of the FICO® Benchmark Reporting Service. The data sample comes from client finance reports generated by the FICO® TRIAD® Customer Manager solution in use by some 80% of UK card issuers.

Credit Cards 52

Credit Cards Push-to-Card Advisors Card Issuer 52

FICO

JANUARY 24, 2023

These card performance figures are part of the data shared with subscribers of the FICO® Benchmark Reporting Service. The data sample comes from client reports generated by the FICO® TRIAD® Customer Manager solution in use by some 80 percent of UK card issuers.

Credit Cards 52

Credit Cards Consumer Payments Advisors 52

FICO

JUNE 27, 2023

Key Trend Indicators – UK Cards March 2023 Key Trend Indicators – UK Cards April 2023 These card performance figures are part of the data shared with subscribers of the FICO® Benchmark Reporting Service.

Credit Cards 52

Credit Cards Card Issuer Consulting Accounts 52

FICO

APRIL 19, 2023

Home Blog FICO UK Credit Cards: Are "Established" Accounts in Trouble? These card performance figures are part of the data shared with subscribers of the FICO® Benchmark Reporting Service.

Credit Cards 52

Credit Cards Accounts Risk Management Risk 52

FICO

JUNE 1, 2023

Looking ahead, 2023 could have some bumps in the road for consumers and those who are trying to manage risk in a credit card portfolio. If you are a consumer that is falling behind, you can reach out to your credit card issuer for help.

Credit Cards 52

Credit Cards Federal Reserve Tax Refunds Returns 52

FICO

MAY 7, 2019

Instead, the policy requires card issuers to take a number of escalating steps, informing the customer after 18 and 27 months of persistent debt, and eventually going through a forbearance process before month 36, which might include actions like card closure and interest waivers. Decision Options.

Regulations 40

Regulations Credit Limit Card Issuer Issuers 40

FICO

MARCH 25, 2021

Scott Zoldi, unpacks unsupervised models, which he refers to as “little crystal balls” in this great blog post. . Performance benchmarking: FICO provides cloud-based model performance benchmarking dashboards that banks and card issuers can use to assess their fraud management strategies.

Innovation 52

Innovation Compromise Financial Crimes Fraud Detection 52

FICO

SEPTEMBER 13, 2022

UK Credit Card Trends: From 2008 Crash to Cost-of-Living Crisis. Changes in card management, customer behaviour and regulations make card delinquencies and other trends very different from the crash of 2008. How FICO Can Help You Manage Credit Card Risk and Performance. chevron_left Blog Home. Darcy Sullivan.

Credit Cards 52

Credit Cards Advisors Issuers Consulting 52

FICO

MARCH 9, 2020

Its provisions include: If the card is a payroll card or a certain type of government benefit card , or if the consumer receives federal payments onto their card, certain error resolution rights are available to protect consumers from unauthorized transactions. In the meantime, follow me on Twitter @ScottZoldi.

AI 52

AI Fraud Detection Debit Card Error Resolution 52

Segpay

APRIL 16, 2024

PSPs may offer fraud scoring and risk assessment services to evaluate the likelihood of fraud for each transaction and flag high-risk transactions for further review. Some PSPs may also offer chargeback mediation services, acting as intermediaries between merchants and card issuers to help resolve disputes and achieve favorable outcomes.

Disputes 52

Disputes Address Verification System (AVS) Fraud Prevention Fraud Detection 52

Cardfellow

FEBRUARY 27, 2025

However, theres another aspect thats also significant: a requirement for all banks that issue cards (regardless of bank size) to allow routing for debit transactions through at least two unaffiliated networks. It also blocks the card networks from restricting the networks that a business (or card issuer) can choose.

Debit Transaction 40

Debit Transaction AI Transactions Debit Network 40

FICO

JANUARY 19, 2022

As my colleague Matt Cox recently blogged , an enterprise fraud approach delivers a composite view of a customer’s inflow and outflow activity by breaking down traditional silos of credit, debit, deposits and payments (person-to-person, mobile, wire transfers, ACH and more), adding application fraud detection to that view.

Financial Crimes 52

Financial Crimes Crime Money Laundering NFTs 52

Global Fintech & Digital Assets

MARCH 8, 2024

The rule targets a statutory loophole that the CFPB asserts large credit card issuers exploited to exact excessive late fees from consumers. The Rule was initially proposed in February 2023 and was intended to go into effect in October 2023 (for more information on the proposal, see this Latham blog post ).

CFPB 59

CFPB Credit Cards Rules Card Issuer 59

PYMNTS

APRIL 23, 2018

The CFPB assessed a $1 billion penalty against the bank, but the Bureau credited the $500 million penalty collected by the OCC against the fine, the bureau said in a statement. While consumers are definitely out of the loop when it comes to their rewards credit cards, they aren’t the only ones to blame,” NextAdvisor wrote in the blog post.

OCC 40

OCC Credit Cards CFPB Office of the Comptroller of the Currency 40

Cardfellow

APRIL 22, 2025

Amex both issues its own credit cards and provides the payment network to run those transactions, which is what CapitalOne will now do. That means that the company will make money twice: once from the interchange fees that go to the card issuer and once from the assessment fees that go to the card network.

Acquirers 52

Acquirers Credit Cards Visa Federal Reserve 52