Barclays Bank’s fraud team and global analytics software leader FICO have won a prestigious Credit Award for Excellence in Fraud Prevention.
07.08.2025 - 17:57:38Barclays and FICO Win 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 engineering scams. Barclays forecast a 6% reduction in card fraud as a result of the deployment, which identified 9 social engineering victims on its first day.
The Credit Awards, presented by Credit Strategy, are judged by an independent panel. The full list of Credit Award winners for 2025 can be found here.
About Barclays Bank
Our vision is to be the UK-centred leader in global finance. We are a diversified bank with comprehensive UK consumer, corporate and wealth and private banking franchises, a leading investment bank and a strong, specialist US consumer bank. Through these five divisions, we are working together for a better financial future for our customers, clients and communities. For further information about Barclays, please visit our website www.barclays.com.
About FICO
FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 200 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, insurance, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 80 countries do everything from protecting 4 billion payment cards from fraud, to improving financial inclusion, to increasing supply chain resiliency. The FICO® Score, used by 90% of top US lenders, is the standard measure of consumer credit risk in the US and has been made available in over 40 other countries, improving risk management, credit access and transparency. Learn more at www.fico.com.
FICO is a registered trademark of Fair Isaac Corporation in the U.S. and other countries.
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