Unpredictable consumer spending puts banks on high alert as deadline for new Consumer Duty Guidance nears

Innovations in analytics & machine learning, decision management, mathematical optimization, and business simulation mark Summer 23 release

New FICO data demonstrates cost-of-living pressures across spend and missed payments as UK consumers battle to manage finances

FICO data reveals worrying trends developing amongst established credit card users as missed payments rise

Many UK credit cardholders who missed one payment in December continued to struggle with their debts in the new year, with a marked increased in two missed payments

FICO data shows that inflation and Christmas consumer spending saw a sharp rise in December, while more UK customers missed a payment

Robust decisioning platforms will enable enterprises to develop better customer experiences and faster time-to-market

FICO's monthly report on UK credit cards shows some financial resilience on the part of consumers, but a trend toward payment slippage

Here’s how to strike a balance that delivers long-term benefits for customers' financial health

The FICO Credit Market Report for September shows a drop in spending and includes an increase in missed payments as cost-of-living pressures take hold

Erratic UK cardholder behaviour over the summer months reinforces challenging conditions for lenders

Changes in card management, customer behaviour and regulations make card delinquencies and other trends very different from the crash of 2008

The signs of the cost-of-living crisis are still limited, with the biggest area of concern being a 3 percent increase in missed payments for new accounts

Consumers spent hundreds of thousands, even millions, on banking and insurance products over the course of their lifetimes. How can you get them to spent it with you?

The FICO Credit Market Report for March 2022 shows UK card repayments remain a priority for credit card holders, suggesting greater reliance on credit as costs rise