FICO

SEPTEMBER 20, 2018

Instant access to online banking and therefore easy access to committing fraud due to the safe status of being an ‘existing’ customer. Instant access deposit account complete with overdraft facility and next day (post-book) application fraud checks. Andy: Credit risk is the bigger player in account originations.

Fraud Detection 45

Fraud Detection Best Practices Checks Push-to-Card 45

PYMNTS

JULY 11, 2017

The International Chamber of Commerce Banking Commission recently released a report that found an imbalance between supply and demand of trade finance services. Indeed, banks must tread carefully in the world of trade finance, and with such little room for error and financial losses, risk management is critical.

Finance 43

Finance Risk Mitigation Risk Non-Bank 43

Nanonets

APRIL 5, 2023

Traditional underwriting processes may not assess creditworthiness accurately for a borrower who derives income from non-traditional sources. Filtering customers based on income and savings, in addition to credit scores, can be a stronger predictor of mortgage risk. Verify KYC/AML based on geography.

Automation 52

Automation Process Risk Assessment Assessments 52

FICO

MARCH 6, 2020

A partnership aimed at helping banks, payment providers and fintechs meet the ever stronger regulatory demands while reducing effort and expense. . FICO brings AI and advanced analytics to risk management, fraud detection, collections and much more. What do you do? Why is it so hard? In the U.S.

Financial Crimes 81

Financial Crimes Crime Compliance Technology 81

FICO

JUNE 9, 2022

FICO’s new Anti-Money Laundering (AML) Threat Score and AML Soft-Clustering Misalignment Score, respectively, help large global banks and financial institutions to achieve a 50%+ reduction in alert false positives , and reveal outlier transactions that are highly likely to be money laundering, and otherwise not alerted. See all Posts.

Money Laundering 52

Money Laundering AML SARS AI 52

FICO

APRIL 21, 2023

Q: Dale, to start with, can you provide a little background on your business motivation as a credit risk executive for exploring the value of consumer-permissioned DDA data? A: Some of my banking partners might not agree, but I think, from a consumer perspective anyway, this type of rule is long overdue.

Consumer 52

Consumer Demand Deposit Account (DDA) Credit Risk Non-Bank 52

FICO

JANUARY 9, 2019

How are analytics helping banks accelerate their digital transformation, while keeping the customers at the center of their strategies? Currently, though, only about 20% of financial institutions are delivering more than basic personalization [Digital Banking Report/Everage]; clearly, there is still a significant gap to fill.

Posting 40

Posting AI Fraud Detection Non-Bank 40

Finovate

MAY 15, 2025

Credit risk analytics provider Carrington Labs teamed up with real-time decisioning infrastructure company Oscilar. The partnership will make Carrington Labs’ explainable AI-powered, advanced credit risk and cash flow underwriting models available via Oscilar’s decisioning platform.

Credit Risk 52

Credit Risk Risk Underwriting Assessments 52

The Fintech Times

MARCH 5, 2025

Banks are increasingly investing in risk technology infrastructure, according to findings from a new survey by FT Longitude , the thought leadership agency owned by the Financial Times , and SAS , the data and AI solution provider. Effective data management and data governance frameworks have also become essential.

Risk 59

Risk Fraud Detection Technology Risk Management 59

The Fintech Times

MAY 21, 2025

Abrigo , the compliance, credit risk and lending solutions provider, has published a new survey revealing that small business owners (SBOs) are facing serious threats from fraud, with over half (57 per cent) reporting they have experienced some form of attack. Only 16 per cent of SBOs feel extremely prepared against fraud.

Small Business 45

Small Business AI Wire Transfer Fraud Detection 45

M2P Fintech

APRIL 29, 2025

These institutions offer more than just microloans; they also provide savings accounts, insurance products, and other financial services designed for low-income individuals and micro-entrepreneurs who otherwise lack access to basic banking. This end-to-end management helps improve collection efficiency and portfolio health.

Technology 52

Technology Assessments Risk Assessment Compliance 52