New FICO Survey: Consumers Will Switch Banks If Fraud Prevention Expectations Are Not Met
Fair Isaac Corporation (FICO)
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Source: Business Wire
Global survey shows that real-time-payments (RTP) usage and scams are growing both in frequency and value of loss worldwide BOZEMAN, Mont.--(BUSINESS WIRE)--FICO (NYSE: FICO)Highlights:A new global FICO survey finds that more consumers reported that their family and friends have been victims of real-time payment scams in 2024 (56%) versus 2023 (51%).50% of consumers call for their banks to “have better fraud detection systems” as the top action needed to protect them from scams.65% of consumers across the globe say that banks should be required to reimburse scams victims for their losses.Global analytics software leader, FICO, released new research regarding consumers’ increased use of real-time-payments (RTP), leading to higher reported scams threats and an increase in losses. 2024 marks the second annual Global Scams Impact Survey, showcasing findings and trends from tens of thousands of consumers across the globe, including 1,000 from the United States. The responses, trends, an
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News
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- Tennis Star Chris Eubanks, Congresswoman Nikema Williams and FICO to Host Financial Literacy Event for Atlanta HBCU StudentsBusiness Wire
- Average Canadian FICO Score Drops from 762 to 760, Mirroring Modest Consumer Debt Level Increases and Economic UncertaintyBusiness Wire
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FICO
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- 11/6/24 - Beat
FICO
Sec Filings
- 11/18/24 - Form 4
- 11/18/24 - Form 4
- 11/18/24 - Form 4
- FICO's page on the SEC website