FICO

MARCH 12, 2018

In reviewing our data from the FICO Benchmarking Service, for users of FICO TRIAD Customer Manager , I saw some interesting long-term trends and some signs of potential debt stress, particularly among accounts 1-5 years on book. Accounts <1 year on book experienced 55% growth. The highest rates were seen in September 2009.

Accounts 40

Accounts Issuers Card Issuer Account Analysis 40

PYMNTS

APRIL 13, 2018

The $1 billion penalty would be far greater than the $185 million in restitution and fines the bank had to pay for a scandal involving staff who opened bank accounts without the knowledge of the bank’s customers. The company said last summer that the number of fake accounts jumped to 3.5 The original account analysis reviewed 93.5

Office of the Comptroller of the Currency 46

Office of the Comptroller of the Currency OCC CFPB Account Analysis 46

PYMNTS

AUGUST 30, 2017

The Wells Fargo lawsuit, which will request the court grant class action status, comes as the bank is trying to recover from last year’s scandal, when it was discovered that employees had opened a slew of fake accounts in the retail banking units.

Account Analysis 48

Account Analysis Procedures Consumer Protection Settlement 48