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FICO Survey: Brits Call for Stronger Protection as One in Four Report Scam Losses [Yahoo! Finance]

Fair Isaac Corporation (FICO) 
Last fair isaac corporation earnings: 4/29 04:15 pm Check Earnings Report
US:NYSE Investor Relations: fico.com/en/investor-relations
Company Research Source: Yahoo! Finance
LONDON, November 18, 2024 BUSINESS WIRE (International Fraud Awareness Week) — A new study of 12,000 consumers across 14 countries by global analytics software leader FICO has underscored the need for banks to strike a better balance between customer satisfaction and fraud mitigation as real-time payments (RTP) surge in popularity. In the survey, 26% percent of UK consumers said that they have reported actual or suspected scam losses to their bank. More information: https://www.fico.com/en/latest-thinking/ebook/2024-scams-impact-survey-uk About three-quarters of consumers in the UK say they have sent (79%) and received (73%) RTP and more than a quarter (28%) plan to increase their RTP usage in the next 12 months. However, RTP-related scams, such as Authorised Push Payment (APP) fraud, are following in the shadows. In addition to the quarter of Brits who say they have reported losses, an alarming 41% of respondents said their friends or family members have been scammed. 70% say th Show less Read more
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