Tesco Bank teams up with FICO Analytic Solutions
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FICO, a provider of analytics and decision management technology will provide collections, risk and fraud solutions to Tesco Bank for its banking platforms.
Tesco says FICO will support Tesco Bank’s lending decisions and provide additional security against fraud.
Mike Gordon, vice president and managing director for FICO in EMEA, says: “The means by which banks create a value-focused customer experience, while managing credit and fraud losses, creates a core competitive differentiator in the marketplace.
“We are excited to be supporting Tesco Bank’s plans in this area and look forward to helping Tesco Bank improve its lending decision making, reduce fraud and build customer loyalty.”
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Readers' comments (2)
anon | 21 Jan 2011 5:08 pm
errrrrrhhhh, what did he say? he might want to check TCF - it says you must you use plain english.
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Anonymous | 19 Apr 2011 12:19 pm
Is Tesco going to make their product available via Mortgage Adviser & IFAs. Or is this another HSBC. No choice just buy we will give you 2p off your next can of baked beans. Or are they going to be bold and offer to the professional advisers as well and let us have the 2p discount on baked beans as well. Just kidding about the baked beans.
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