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FICO insights: More than 3 in 5 Indonesian SMEs could ditch traditional banks in 2022

FICO (NYSE: FICO)
Highlights
Impact of COVID-19 on SMEs:
 • 67 percent of Indonesia’s SMEs expect to take up new or alternative borrowing products in . ....

Jakarta Raya , Saxon Shirley , Asia Pacific , Neil Mirano , Aashish Sharma , Fair Isaac Corporation , Banking Council , Business Wire ,

FICO Insights: More than 3 in 5 Indonesian SMEs Could Ditch Traditional Banks in 2022

FICO Insights: More than 3 in 5 Indonesian SMEs Could Ditch Traditional Banks in 2022
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Jakarta Raya , Saxon Shirley , Asia Pacific , Neil Mirano , Aashish Sharma , Fair Isaac Corporation , Banking Council ,

FICO Survey: 1 in 11 Thai Consumers Suspect Their Identity Was Stolen, 1 in 12 Knows It Was


Just over two-thirds (69%) of respondents recognized that
identity proofing happens for their protection. However, in Thailand some consumers are cynical about the reasons their identity is confirmed. While a large number (64%) recognize there is
an element of regulation driving providers to carry out more checks, 27 percent think this is done to enable
financial institutions to sell more.
A majority (62 percent) of Thai respondents did see identity proofing as a way for
banks to protect themselves, while 44 percent regard it as a tool to
prevent money laundering.
Most Thais are open to providing their bank with a biometric such as a facial scan, fingerprint, or voiceprint to secure their accounts. The survey revealed that once they understand why it s necessary, ....

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