Tag: FICO

FICO lets Lloyds Bank approve more credit cards and loans in major overhaul

Lloyds Banking Group is saying “yes” more often and more confidently thanks to a tech upgrade powered by the FICO platform.The UK high street giant has transformed its entire lending infrastructure, pushing more than £7 billion in loans annually through...

Rising scam losses in Indonesia’s RTP system: 23% of consumers affected

A recent survey by FICO reveals an alarming rise in scams within Indonesia’s real-time payments (RTP) ecosystem. The 2024 Scams Impact Survey: Indonesia found that 23% of consumers reported financial losses due to RTP scams, an increase from 19% in...

Fujitsu brings FICO’s advanced analytics to Japan, expanding digital finance 

Fujitsu Limited has joined forces with FICO to introduce FICO’s solutions to the Japanese financial market, with ambitions to expand further into other regions. Starting in July 2025, Fujitsu will integrate FICO Platform’s Omni-Channel Engagement Capabilities into Japan’s financial institutions...

UK consumers favour banking apps over local branches

A new wave of consumer preference is sweeping through the UK banking sector, with a recent FICO study revealing that mobile banking apps are now more critical to customers than traditional bank branches. In a stark departure from the past,...