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Mass layoffs, especially in the tech industry, are all over the news. Inflation is still hovering around 40 year highs despite huge interest rate hikes. And according to most surveys and reports, companies have high levels of , recession fears. Based on the news, the economy should be in a serious downturn, but the opposite seems to be true. Employers keep hiring at a record pace and the U.S. , added 1.1 million jobs over the past 3 months alone!
Sequoia Capital is one of the world’s oldest and most accomplished venture capital firms, with its long list of early tech investments-turned-home runs including Airbnb, Apple, Instagram, Square, and WhatsApp. While 2022 was a down year for venture capital at large, Sequoia remained active with over 100 investments. Fintech was Sequoia Capital’s top investment category in 2022, representing nearly a quarter of the firm’s deals. dive deeper into Sequoia’s top 3 fintech Targets Download thi
Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.
Home Blog FICO Meet The 2023 FICO Decisions Awards Winners! 15 companies recognized for successful innovation in AI, machine learning and decision management Saxon Shirley Mon, 02/27/2023 - 08:09 by Nikhil Behl expand_less Back To Top Mon, 02/27/2023 - 08:00 2023 FICO Decisions Award Winners - Decisions That Matter It's with great enthusiasm that I reveal the victors of the 2023 FICO® Decisions Awards !
Real-time payments have revolutionized how we make financial transactions, providing unparalleled speed, convenience, and security. With real-time payments, money can be transferred almost instantly from one person to another, anywhere in the world. This makes it possible for people and businesses to send and receive money at a moment’s notice, without having to wait for traditional payment methods such as bank transfers or cheques to clear.
In 2021, there were roughly 5.4 million new businesses established in the US and over 800,000 in the UK. However, based on historical trends, it's expected that by the end of 2022, nearly 1.2 million (or almost 20%) of these businesses will have ceased operations and by the end of 2025, over half of the new businesses created in 2021 will likely have disappeared.
In 2021, there were roughly 5.4 million new businesses established in the US and over 800,000 in the UK. However, based on historical trends, it's expected that by the end of 2022, nearly 1.2 million (or almost 20%) of these businesses will have ceased operations and by the end of 2025, over half of the new businesses created in 2021 will likely have disappeared.
Accenture has announced the acquisition of Brazil-based cybersecurity company Morphus looking to expand its practice capabilities in Brazil and Latin America.
Home Blog FICO FICO Named America's Best Mid-Sized Employer by Forbes Magazine FICO recognized by Forbes for the third consecutive year Saxon Shirley Thu, 05/12/2022 - 07:46 by Richard Deal expand_less Back To Top Thu, 02/16/2023 - 20:00 FICO was recently named one of America’s Best Mid-Sized Employers by Forbes Magazine for the third consecutive year — ranking in the top quintile overall and #7 in the IT, Internet, Software & Services Industry segment.
Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting
Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical
Insurtech investment activity in 2022 pulled back sharply after a record-breaking year in 2021. Annual funding fell 53% from $17.8B to $8.4B, while deals fell 17% from 697 to 579. While a steep fall compared to the previous year, the annual totals for 2022 were not far off those for 2020. However, investment activity has continued to slow. Q4’22 funding only reached $1B — the lowest quarterly total since Q2’18 — and deals were down 28% QoQ at just 106.
This month: an API Green Score could promote more sustainable digital transformation and airlines are tackling the tech troubles that caused massive flight cancellations over the Holidays. Plus, banks are opening up with APIs and shifting priorities; Mr.
9 Effective Growth Hacking Strategies to Skyrocket Your Startup Photo by Campaign Creators on Unsplash Although the term growth has been thrown around a lot, especially in the start-up community, many entrepreneurs still need to be made aware of what growth hacking is and how it works. By using growth hacks, organizations can get started to achieve success.
Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?
Home Blog FICO US Card Skimming Grew Nearly 5x in 2022, New FICO Data Shows Debit card skimming grew at the unprecedented rate of 368% from 2021 to 2022, but there are steps banks and consumers can take to combat compromised cards Darcy Sullivan Thu, 02/16/2023 - 15:43 by Debbie Cobb Senior Director, Product Management expand_less Back To Top Thu, 02/16/2023 - 15:35 In August of 2022, I explored the radical increase in card skimming for the first half of 2022.
Global venture funding to blockchain and crypto companies reached a new record of $26.8B in 2022, largely propped up by a strong first half. But as the year progressed, the crypto winter coupled with macroeconomic pressures caused 3 straight quarters of declines in funding and deals. Below, take a look at a few highlights from our 162-page, data-driven State of Blockchain 2022 Report.
There are many motivations for a Finance transformation project, but regardless of the reason, they all require improving data processing. What will it take to help the finance department meet its current challenges?
Build a sustainable merchant services portfolio with practical strategies to ensure long-term success. Diversify across industries to spread risk and stabilize income, balancing high-risk and low-risk clients for a robust mix. Combine large and small merchants to create a resilient payment portfolio, leveraging each type's strengths. Foster long-term relationships through exceptional service and personalized support.
The emergence of FinTechs has revolutionized the financial services industry, especially in the past decade. Rapid technological advances coupled with the desire to improve working capital and simplify complex financial processes have redefined the business-to-business (B2B) payment landscape for Accounts Payable (AP) departments.
Speaker: David Nisbet, Everett Zufelt, and Michaela Weber
Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.
Insurtech is gaining traction in the Middle East and North Africa (MENA) region. Due to varying regulatory environments, insurance is a largely localized business — providing an opportunity for homegrown insurtech startups to compete in the MENA markets. Investors have taken note. In 2022, the region saw $417M in funding across 21 deals. This was lower than 2021 — which saw a record $545M invested across 30 deals — but the decline was much less stark than funding to the overall
Speaker: Benjamin Woll, Tiffany Spizzo, and Jaime Santos Alcón
Enterprise commerce is at an inflection point. Rigid, monolithic platforms slow brands down, but a full replatforming is disruptive and costly. Modular architecture offers a flexible, scalable alternative - allowing enterprise brands to modernize without ripping and replacing their entire stack. Learn how a composable approach helps modernize commerce stacks while maintaining control over critical systems.
Home Blog FICO UK Card Spend Reaches Highest Level Since at Least 2006 FICO data shows that inflation and Christmas consumer spending saw a sharp rise in December, while more UK customers missed a payment Darcy Sullivan Tue, 11/10/2020 - 12:17 by Liz Ruddick Principal Consultant expand_less Back To Top Wed, 02/22/2023 - 11:15 Seasonal consumer spending surged on UK credit cards in December, which is the trend you would expect in the holiday season.
What is crypto market data & intelligence? Crypto market data & intelligence companies provide blockchain data and analytics platforms for institutional investors and traders. Clients can track crypto portfolios, tokens, protocols, and exchanges to inform their strategies. They do this through real-time dashboards, APIs, research reports, and risk management tools.
As Valentine’s Day approaches, I have love on my mind. Not the romantic kind – rather, I ’ve been thinking about Fred Reichheld’s latest book, “ Winning on Purpose: the Unbeatable Strategy of Loving Customers.
Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever
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