5MINUTES WITH ...
“ OUR MOST RECENT CONSUMER SURVEY SHOWS THAT STRONG FRAUD PROTECTION WAS THE TOP PRIORITY WHEN CHOOSING A FINANCIAL INSTITUTION ”
5MINUTES WITH ...
What is crucial , however , is that this trend does not stop . Fraudsters showed their ingenuity during the pandemic . When the world moved online , they knew there was ample opportunity and a new wave of scams surged across the market .
Q . WHAT INSPIRE YOU IN FINTECH TODAY ?
» The limits of decisioning technology are pushed further back as we dive deeper into data . It ’ s impressive to see the complex questions we can answer through the consolidation of software . Across most of their departments , banks run decision engines that , for example , keep finances secure , offer lines of credit , or plan collections .
We ’ re finally starting to see a more connected approach to managing customers and the customer journey , so rather than multiple systems making individual decisions , a bank would have one “ brain ” coordinating all these decisions .
“ OUR MOST RECENT CONSUMER SURVEY SHOWS THAT STRONG FRAUD PROTECTION WAS THE TOP PRIORITY WHEN CHOOSING A FINANCIAL INSTITUTION ”
Q . WHAT ’ S NEXT FOR MATT COX ?
» In the last five years or so , FICO has accelerated its development of the FICO Platform and our analytical capabilities . The growth trajectory of the platform across multiple use-cases has hit double digits , and we are seeing a 40-50 % year-on-year growth on our platform . I moved to Managing Director and General Manager of EMEA at FICO in December 2021 , and my focus will be to continue our fantastic growth trajectory .
fintechmagazine . com 27