Lenders should keep a close eye on credit card delinquencies, which saw a 10.4% increase in the percentage of customers missing one payment in May

April data on UK cards shows spending declined and average balances increased, signalling slow rise in credit risk for UK consumers

Financial pressures on UK consumers are evident in drop in spend and rise in delinquencies on credit cards

In data on UK credit cards, FICO sees a rise in customers missing three payments, and signs of growing first-party fraud

Debit card skimming in the US in 2024 was a mixed bag, with increases in reported incidents but decreases in total number of compromised cards

FICO data reveals that the positive payment behaviour from the pandemic is still persisting

Banks face increasing scam liabilities worldwide as regulators change reimbursement requirements, while consumers signal willingness to complain to regulators and banks

FICO data suggests the ongoing impact of inflation could affect consumer affordability through 2025

Consumers are facing rising scam exposure and losses, but banks can use a variety of tools to help fight the criminals and protect their customers

Real-time payments (RTP) are growing in adoption and usage, and so is fraud - consumers want greater scam prevention from banks

FICO UK Credit Report for August 2024 shows familiar card payment trends, but late payments are still higher than 2023

Swiss card issuer has seen remarkable results in fraud prevention using FICO Falcon Fraud Manager for a quarter century

Spending falls following typical seasonal patterns, although average balance is up 5.3% year-on-year and more customers miss payments

A panel of experts at FICO World explored the rapid growth and fraud challenges of real-time payments fraud, and what’s being done to address it

FICO analysis of 2023-2024 data reveals how continued high costs and inflation are shaping UK credit card payment patterns