LONDON--(BUSINESS WIRE)--The latest UK credit card data from global analytics software leader FICO provides stark evidence that consumer financial confidence remains low. Whilst spending has followed the usual seasonal drop after Easter, the average active balance is 4.7% higher year-on-year, suggesting consumers are not able to clear as much of their credit card debt. The percentage of balance...
Stock splits are less common than they used to be, as fractional shares have negated their effect. However, fractional shares aren't available to every investor, especially outside the U.S. Still, stock splits have their uses, namely for employee compensation.
LONDON--(BUSINESS WIRE)--Barclays Bank's fraud team and global analytics software leader FICO have won a prestigious Credit Award for Excellence in Fraud Prevention. The award, presented in a gala event in Wales, recognizes Barclays' use of an innovative solution from FICO and Jersey Telecom (JT) called Scam Signal to reduce card fraud losses & protect customers from the harm caused by social e...
Several stocks recently unveiled plans to significantly enhance shareholder value. These plans include the two major types of capital returns that investors often pay attention to: dividends and buybacks.
Raise your hand if you know what a FICO score is. Now, keep your hand raised if you know the company that developed the FICO score is also a publicly traded stock: Fair Isaac (FICO -13.09%).
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