Clik here to view.
US Average FICO Score Hits 700: A Milestone for Consumers
FICO regularly tracks the national FICO Score distribution as an important gauge of US consumer credit behavior. When I last blogged about this topic based on data from April 2016, the key takeaway was...
View ArticleClik here to view.
The Future of AI: Meet the Multi-Tasking Machines
To commemorate the silver jubilee of FICO’s use of artificial intelligence and machine learning, we asked FICO employees a question: What does the future of AI look like? The post below is one of the...
View ArticleClik here to view.
How Are Telecom Providers Managing Cybersecurity Risk?
Data breaches are in the news on an almost daily basis and telecom companies are not immune to attack – indeed, cyber-attacks have led to the loss of almost 50 million customer records in the past 10...
View ArticleClik here to view.
Do Consumers Seek More Credit After Their Score Recovers?
In a previous post, we noted that the majority of consumers who had a 7-year-old delinquency purged from their credit file saw improvements in their FICO® Scores. Now let’s look at whether these...
View ArticleClik here to view.
3 Reasons to Prepare Your Fraud Operations for PSD2 – NOW
Fraud & Security3 Reasons to Prepare Your Fraud Operations for PSD2 – NOW Jul272017 PSD2 is on its way but in many respects it feels like it will never happen. So much is still undefined; it’s not...
View ArticleClik here to view.
Modeling Deposit Price Elasticity: What Is It All About?
Many top financial institutions have begun using predictive modelling and optimization to improve deposit pricing. This requires an understanding of customers’ deposit price elasticity — how sensitive...
View ArticleClik here to view.
Cybersecurity: To Be (Empirical), or Not to Be?
That is the question for cybersecurity risk assessment. FICO has been in the analytics business since our inception back in 1956. Our founders, Bill Fair and Earl Isaac, had the novel idea that...
View ArticleClik here to view.
AI – What Chief Compliance Officers Care About
Arguably, there are more financial institutions located in the New York metropolitan area than anywhere else on the planet, so it was only fitting for a conference on AI, Technology Innovation &...
View ArticleClik here to view.
Three Keys to Advancing your Digital Transformation
With today’s proliferation of data, digital transformation (DX) has become more than a hot topic: It’s an imperative for businesses of all shapes and sizes. The collision of data, analytics and...
View ArticleClik here to view.
The Future of AI: Smart Machines Will Save Us, Not Destroy Us
To commemorate the silver jubilee of FICO’s use of artificial intelligence and machine learning, we asked FICO employees a question: What does the future of AI look like? The post below is one of the...
View ArticleClik here to view.
Measuring the Cybersecurity Risk of Your Extended Enterprise
“What gets measured, gets managed,” is one of executives’ go-to quotes, and with good reason. But unfortunately, many of the things that keep executives awake at night, such as the cybersecurity risk...
View ArticleClik here to view.
Digital Transformation: Visualize Your Journey, Not Your Rival’s
This is the second post in this series – read post one here. Marcel Proust wasn’t ruminating about digital transformation when he said, “We don’t receive wisdom; we must discover it for ourselves...
View ArticleClik here to view.
Double-Digit ATM Compromise Growth Continues in US
While data breaches and ransomware grab the headlines, we’re still seeing fraud growth due to ATM compromises in the US. The fraud growth rate has slowed down from the gangbusters surge we saw in...
View ArticleClik here to view.
Modelling Deposit Price Elasticity: Challenges and Approach
This is the third in a series of blogs on deposit pricing, focusing on price elasticity modelling approaches and challenges. The goal of any deposit price optimization solution is to make data-driven...
View ArticleClik here to view.
My Top 10 Attributes of a Data Leader
A recent article in Information Age named 10 attributes of data leader. Each of the experts quoted discussed just one attribute — in my case, it was separating hype from potential, which is critical...
View ArticleClik here to view.
NCAP Medical Collection Removals are Rare and Have No Material Impact to...
The National Consumer Assistance Plan (NCAP) is a comprehensive series of initiatives intended to evaluate the accuracy of credit reports, the process of dealing with credit information, and consumer...
View ArticleClik here to view.
Smart Government Agencies Turn to Next-Gen Customer Comms
Government agencies are often challenged in their effort to optimize communications with their citizens. Most government executives want to increase the frequency and quality of their interactions, but...
View ArticleClik here to view.
Gamification in the Auto Industry; Can it Drive Results?
Guest Post: Today we have a guest post about gamification in auto from Yu-kai Chou, Founder and President of The Octalysis Group. He was a featured speaker at our Automotive Mastermind event held last...
View ArticleClik here to view.
4 Sexy Things You Need to Know About Machine Learning
I consider myself a sensible person with good time management skills, so it’s always beguiling to get to the bottom of a news story on a respectable site to be presented with an array of clickbait with...
View ArticleClik here to view.
Psychometrics and FICO Scores — An Odd Match?
Lenders are looking for new ways to connect with the estimated 3 billion people worldwide who fall outside the credit mainstream. These “credit invisibles” don’t have credit cards, bank accounts or...
View Article
