FICO stories
Rising missed card payments are straining UK collections teams, as FICO says AI could help lenders manage cases more efficiently and fairly.
More borrowers are slipping into serious arrears even as overall card balances hold steady, according to FICO’s February data.
Fraud checks and collections improved after Absa switched to WhatsApp messages, lifting self-solve cases and payments from distressed borrowers.
Scam losses may top USD $1 trillion a year, forcing banks to use real-time intelligence and customer data to curb authorised push payments.
Dynamic profiling could give lenders around 40 days' warning of financial strain, as unemployment rises and FCA scrutiny on vulnerable customers grows.
UK credit card spending drops in January while missed and repeat payments rise, signalling persistent strain on household finances.
UK credit cardholders carry record debt despite spending less, as weaker repayments push average balances to GBP £1,950, FICO data shows.
EU employers scramble for scarce SAP S/4HANA talent as ECC 2027 deadline nears, exposing deep gaps in senior and mid-level expertise.
Higher margins and a record dividend followed Tech Mahindra’s FY26 as deal wins jumped and profit rose despite a tough macro backdrop.
The rollout is set to sharpen loan pricing and cut manual exceptions as the bank expands algorithmic decisions across eight markets.
Autonomous AI 'agentic customers' will upend banking, FICO warns, reshaping pricing, risk and customer ties as USD $3tn value beckons.
V2 AI names new Asia Pacific leaders as it doubles consultants and rides surging enterprise demand for large-scale agentic AI projects.
FICO has been named a Leader in Gartner's 2026 Magic Quadrant for Decision Intelligence Platforms, recognising its execution and vision.
Fico says by 2026 banking AI will be standard infrastructure, heightening fraud risks and putting CIOs and human cyber oversight centre stage.
Mentalist Oz Pearlman will headline FICO World 2026 in Orlando, anchoring an AI-focused summit on customer behaviour and financial services.
AFRY's 'GPS for net-zero' power model BID3 grows users by 25% and wins a major ESG award as energy planners seek cleaner grids.
FICO brings Nvidia GPU acceleration to its Xpress 9.8 optimiser, promising up to 50x speed boosts on massive, dense decision models.
The keynote could shape debate on how lenders use AI safely, as banks face pressure to show returns while curbing fraud and credit risk.
AI-fuelled fintech mega-deals are surging, but most buyers lack the operating model and culture to turn shiny assets into real value.
Grab Finance taps FICO data tech to automate credit checks across six Southeast Asian markets and boost eligibility by nearly 50%.
