2018 Press Releases

Webcast ImageWebcast
Q3 2018 FICO Earnings Conference Call (Live)
07/26/18 at 5:00 p.m. ET
Q3 2018 FICO Earnings Conference Call
Thursday, July 26, 2018 5:00 p.m. ET  
Webcast PresentationHelp Help
Click here for webcast
Add to CalendarHelp Help
Add to Calendar Click here to add this event to your calendar
Keyword Search
 
2018 | 2017 | 2016 | 2015 | 2014
DateTitle 
Jul.18.18New FICO® Score Planner Empowers Consumers to Understand How to Better Reach Their Credit Score Goals
The latest in consumer financial education innovation from FICO, the FICO® Score Planner, is the only consumer tool to help enable consumers to set and track their FICO® Score goals and action plans SAN JOSE, Calif., July 18, 2018 /PRNewswire/ -- Innovative consumer empowerment tool developed by FICO® Score data scientists The FICO® Score Planner can be used by lenders and resellers to help enable consumers to set their target FICO® Score goals, understand potential credit actions... 
Printer Friendly Version
Jul.16.18FICO Survey: US Firms Are Too Confident About Their Cybersecurity
More than 65 percent of US firms in survey by FICO and Ovum say their protection is either above average or consider themselves a "top performer" SAN JOSE, Calif., July 16, 2018 /PRNewswire/ -- Highlights: 68 percent of US firms surveyed said they are better prepared for data breaches than their competitors — up from 60 percent last year Of the eight regions surveyed, Canadians were more likely to rate their firm a top performer for cybersecu... 
Printer Friendly Version
Jul.12.18Fair Isaac Corporation Announces Date for Reporting of Third Quarter Fiscal 2018 Financial Results
SAN JOSE, Calif., July 12, 2018 /PRNewswire/ -- FICO (NYSE:FICO), a leading predictive analytics and decision management software company, will announce its third quarter fiscal 2018 results on July 26, 2018, after the market closes and will host a conference call on July 26th at 5:00 p.m. Eastern Time (4:00 p.m. Central/ 2:00 p.m. Pacific). This call will be webcast and can be accessed at FICO's website at www.fico.com/investors. A replay of the webcast will... 
Printer Friendly Version
Jul.09.18Chartis Names FICO a Category Leader in CECL Solutions
FICO says its CECL solution can deliver a competitive business advantage SAN JOSE, Calif., July 9, 2018 /PRNewswire/ -- Highlights: FICO was named a Category Leader in CECL solutions by research firm Chartis Research. CECL is a transformational event for US financial institutions, changing the way they hold provisions against future credit losses. FICO's Impairment Management Solution combines precise analytics with high-speed decision m... 
Printer Friendly Version
Jun.28.18Shanghai Pudong Development Bank Issued More Than 9 Million New Credit Cards Last Year Using FICO Originations
FICO's big data AI analytics reduces risk by 50% with an approval rate that is four times higher   BEIJING, China — June 28, 2018 Highlights: Since January SPDB Credit Card Center's total number of successful credit card applications using FICO originations has exceeded 9 million. Origination rate increased more than two fold to 88 percent of applications. SPDB has won the 2017 FICO Decisions Award for Customer Onboarding and Management... 
Printer Friendly Version
Jun.27.18FICO Offers Free Cybersecurity Ratings to Companies Worldwide
FICO® Enterprise Security Score aims to raise global cybersecurity effectiveness SAN JOSE, Calif., June 27, 2018 /PRNewswire/ -- Highlights: FICO is offering free subscriptions that allow users to access their FICO Enterprise Security Score, a machine learning-based cybersecurity rating service The only security rating that offers self-service network definition to ensure accurate ratings Silicon Valley analytics firm FICO today announc... 
Printer Friendly Version
Jun.24.18FICO Helps Malaysia’s Credit Guarantee Corporation Accelerate and Automate Small Business Lending
Loans issued in days rather than weeks while bad debts reduced to 3 percent of loan book KUALA LUMPUR — June 14, 2018Highlights:Credit Guarantee Corporation Malaysia Berhad (CGC) has launched direct loans to micro, small and medium enterprises (MSMEs) using FICO's decision management and scorecard technologiesUsing FICO® Blaze Advisor® for business rule automation, CGC is able to make consistent, accurate and reliable credit decisions. The non-performing loan rates are now just 3 perce... 
Printer Friendly Version
Jun.12.18FICO Awarded Seven New Patents for Analytic Innovations in Fraud Detection and AI
SAN JOSE, Calif., June 12, 2018 /PRNewswire/ -- Highlights: FICO has been awarded seven new patents for fraud detection, AI and analytics Three of the patents granted are related to the FICO® Falcon® Platform, the world's leading payment fraud system FICO continues to drive innovation across its solutions; it currently holds 188 US and foreign patents Silicon Valley analytic software firm FICO has been awarded seven new patents relate... 
Printer Friendly Version
Jun.07.18FICO to Present at Upcoming Investor Conference
SAN JOSE, Calif., June 7, 2018 /PRNewswire/ -- FICO (NYSE:FICO), a leading predictive analytics and decision management software company, today announced Mike Pung, Chief Financial Officer, will present at the William Blair 2018 Growth Stock Conference on Thursday, June 14, 2018 at 10:00 am CT at the Four Seasons Hotel, 120 East Delaware Place, Chicago, IL. The presentation will be Webcast live on FICO's website at www.fico.com/investors, and available through July 14, 2018.About FICOFICO (... 
Printer Friendly Version
Jun.06.18New FICO and Equifax RegTech Solution Can Help Lenders Meet Affordability Requirements
Machine learning FICO analytics can be used by lenders to match offers to risk and ability to pay    Money20/20 Europe, Amsterdam — 6 June, 2018 Highlights: FICO and Equifax have launched the FICO® Risk and Affordability Decision Suite, powered by Equifax®, which uses advanced predictive analytics to assess a consumer's repayment risk as well as their ability to afford new creditThe FICO Risk and Affordability Decision Suite is designed for lenders needing to make ... 
Printer Friendly Version
Jun.05.18FICO Survey: Swedes Confused About PSD2 Changes to Payments
STOCKHOLM – 5 June 2018 Despite the major changes the Payments Services Directive 2 could make to EU payments, few Swedes know about the new EU directive, now being introduced. A new survey from analytics software firm FICO, executed by SIFO, also shows that few Swedes are prepared to share their banking information with a third party, and there is a mixed view on whether PSD2 will lead to an increase or decrease in fraud. Under PSD2, consumers can give third parties permission to a... 
Printer Friendly Version
May.31.18FICO Survey: UK Car Buyers Ready for Digital Financing — But Adoption Is Slow
Nearly two-thirds of UK consumers acquired their last auto loan at the dealership LONDON – 31 May 2018 HIGHLIGHTS: In a new FICO survey, only 10 percent of car buyers said they got their auto loan onlineWhile only 15 percent of UK consumers applied for their most recent automotive loan online, 48 percent plan to do so next time 50 percent of UK consumers only considered one lender before making their final loan selection Silicon Valley analytic software firm FICO ... 
Printer Friendly Version
May.30.18FICO to Present at Upcoming Investor Conference
SAN JOSE, Calif., June 7, 2018 /PRNewswire/ -- FICO (NYSE:FICO), a leading predictive analytics and decision management software company, today announced Mike Pung, Chief Financial Officer, will present at the William Blair 2018 Growth Stock Conference on Thursday, June 14, 2018 at 10:00 am CT at the Four Seasons Hotel, 120 East Delaware Place, Chicago, IL.  The presentation will be Webcast live on FICO's website at www.fico.com/investors, and available thro... 
Printer Friendly Version
May.30.18Raiffeisen Bank Will Accelerate Digital Transformation with FICO Platform
Romanian banking leader will use FICO Origination Manager across all retail banking products   LONDON — May 30, 2018 Highlights: Raiffeisen Bank of Romania will use FICO® Origination Manager to process all new retail banking accounts across all digital and branch channels.Raiffeisen Bank is part of Raiffeisen Bank International, one of the largest banking groups in Central and Eastern Europe.FICO solutions provide end-to-end customer lifecycle decision management, driven ... 
Printer Friendly Version
May.22.18Statnett Optimizes Norway’s Electricity with FICO Analytics
STOCKHOLM – 22 May 2018 Highlights: Statnett has selected FICO® Xpress Optimization to power their models of the future of electricity needs in Norway and optimize the current infrastructure.Statnett, the Norwegian transmission systems operator (TSO) for energy, operates nearly 11,000 km of high voltage power lines across Norway and is responsible for creating the next-generation main grid and securing the power supply of the future.FICO® Xpress Optimization is the premier mathematic... 
Printer Friendly Version
May.22.18New FICO Study and Infographic Highlights How Student Loan Borrowers Improve their FICO® Score
SAN JOSE, Calif., May 22, 2018 /PRNewswire/ -- Today, analytics software firm FICO (NYSE:FICO) announced new study findings and an infographic on the credit behavior of young adults with student loans.  The study used a nationally representative sample of 10 million scorable consumers age 18 to 30 in the U.S. who had a student loan actively in repayment, to determine the credit behaviors that are driving FICO® Score increases and decreases.   FICO looked at ... 
Printer Friendly Version
May.02.18FICO to Present at Upcoming Investor Conference
SAN JOSE, Calif., May 2, 2018 /PRNewswire/ -- FICO (NYSE:FICO), a leading predictive analytics and decision management software company, today announced Mike Pung, Chief Financial Officer, will present at the Jefferies 2018 Global Technology Conference on Wednesday, May 9, 2018 at 4:00 pm PT at the Montage Hotel, 225 N Canon Drive, Beverly Hills, CA.  The presentation will be Webcast live on FICO's website at www.fico.com/investors, and available through Jun... 
Printer Friendly Version
May.01.18FICO Announces Pricing of $400 Million in Senior Notes
SAN JOSE, Calif., May 1, 2018 /PRNewswire/ -- Fair Isaac Corporation (NYSE:FICO) announced today that it priced $400 million in aggregate principal amount of its 5.25% Senior Notes due 2026 (the "Notes") in a private offering that is exempt from registration under the Securities Act of 1933, as amended (the "Securities Act"). The Notes were priced to investors at 100.000% of their principal amount and are senior unsecured obligations of the Company. FICO int... 
Printer Friendly Version
Apr.30.18FICO Announces Proposed Offering of $400 Million in Senior Notes
SAN JOSE, Calif., April 30, 2018 /PRNewswire/ -- Fair Isaac Corporation (NYSE:FICO) announced today that it intends to offer, subject to market and certain other conditions, $400 million in aggregate principal amount of Senior Notes due 2026 (the "Notes") in a private offering that is exempt from registration under the Securities Act of 1933, as amended (the "Securities Act"). The Notes will be senior unsecured obligations of FICO. FICO intends to use the net... 
Printer Friendly Version
Apr.27.18FICO Delivers Mission Critical Artificial Intelligence in the Cloud
FICO Showcases Next Generation Decision Optimization and Enhanced Decision Management Platform at Analytics Conference, FICO® World MIAMI BEACH, Fla., April 27, 2018 /PRNewswire/ -- Today from FICO® World, analytics software firm FICO showcased the latest enhancements to FICO® Decision Management Suite (DMS) which leverages artificial intelligence (AI), machine learning (ML), advanced analytics, optimization and decisioning to deliver better, more predictive business outcomes. New capabilitie... 
Printer Friendly Version
Apr.26.18FICO Announces Earnings of $1.03 per Share for Second Quarter Fiscal 2018
Revenues of $258 million vs. $228 million in prior year SAN JOSE, Calif., April 26, 2018 /PRNewswire/ -- FICO (NYSE:FICO), a leading predictive analytics and decision management software company, today announced results for its second fiscal quarter ended March 31, 2018. Second Quarter Fiscal 2018 GAAP Results Net income for the quarter totaled $32.3 million, or $1.03 per share, versus $25.1 million, or $0.78 per share, reported in the prior year period. ... 
Printer Friendly Version
Apr.19.18New Banking Solutions from FICO Focused on Reducing Complexity While Increasing Sophistication
MIAMI, April 19, 2018 /PRNewswire/ -- FICO WORLD 2018 Highlights: FICO released new versions of its industry-leading risk solutions: FICO® Origination Manager, FICO® Strategy Director and FICO® Debt Manager FICO has expanded its use of Amazon Web Services (AWS) for risk solutions More than 1,000 business leaders from 50+ countries are attending FICO World 2018 in Miami Beach FICO today unveiled a host of new retail banking solutions th... 
Printer Friendly Version
Apr.18.18FICO Solution for Identifying Procurement Fraud, Waste and Abuse Now on Amazon Web Services (AWS)
Advanced analytics in FICO® Falcon® Assurance Manager monitor 100% of procurement and T&E expenses to eliminate maverick spend and support financial assurance MIAMI BEACH, Fla., April 18, 2018 /PRNewswire/ -- FICO World 2018 FICO® Falcon® Assurance Navigator is now available on AWS. FICO® Falcon® Assurance Navigator applies advanced analytics to monitor the entire procure-to-pay lifecycle across procurement, T&E expenses, and purchasing/travel cards, as well as suspicious ... 
Printer Friendly Version
Apr.18.18FICO Amplifies Financial Crime Protection with New Suite of Solutions
Four new products announced at FICO World 2018 conference in Miami Beach MIAMI BEACH, Fla., April 18, 2018 /PRNewswire/ -- FICO World 2018 FICO announced new versions of its industry-leading fraud solutions: FICO® Falcon® Platform, FICO® Card Compromise Manager, FICO® Identity Resolution Engine, and FICO® Application Fraud Manager FICO also released new AML Advanced Analytics to improve money laundering detection More than 1,000 business leaders from 50+ countries are atten... 
Printer Friendly Version
Apr.12.18Fair Isaac Corporation Announces Date for Reporting of Second Quarter Fiscal 2018 Financial Results
SAN JOSE, Calif., April 12, 2018 /PRNewswire/ -- FICO (NYSE: FICO), a leading predictive analytics and decision management software company, will announce its second quarter fiscal 2018 results on April 26, 2018, after the market closes and will host a conference call on April 26th at 5:00 p.m. Eastern Time (4:00 p.m. Central/ 2:00 p.m. Pacific). This call will be webcast and can be accessed at FICO's website at www.fico.com/investors. A replay of the webcas... 
Printer Friendly Version
Apr.12.18FICO Survey: Digital Financing for Auto Loans is Still in Its Infancy with Only 10% Global Market Adoption
Majority of US Consumers Obtained Their Loans at the Dealership, More Than Any Other Country SAN JOSE, Calif., April 12, 2018 /PRNewswire/ --  Highlights: FICO commissions first global consumer survey on automotive finance experience Only 5 percent of US consumers applied for their loans online while 29% plan to do so for their next auto loan 73% of US consumers obtain their loans at the dealership; more than any other country US has the second longest wait time ... 
Printer Friendly Version
Apr.11.18FICO Survey: 70% of APAC Banks Will Use AI in Collections and Recovery by 2019
Half say the biggest impact of artificial intelligence will be the ability to better optimize collection decisions     SINGAPORE — April 12, 2018 Highlights: 46 percent of banks in Asia Pacific plan to implement artificial intelligence in their collections process this year; while 24 percent indicated they will do so next year, according to a FICO surveyBanks expect AI to impact their ability to optimize collection decisions and predict consumer behavior Auto... 
Printer Friendly Version
Apr.11.18FICO Welcomes Amazon Web Services (AWS) to FICO World as Platinum Sponsor
Amazon representative will also discuss how the company uses FICO optimization technology SAN JOSE, Calif., April 11, 2018 /PRNewswire/ -- Highlights: AWS will join FICO to discuss their collaboration in a keynote presentation AWS will discuss securing data on the cloud with FICO's Chief Information Security Officer Amazon will share its experience using FICO optimization technologies Silicon Valley analytics software firm FICO toda... 
Printer Friendly Version
Apr.09.18FICO Announces xML Challenge
FICO Works with Berkeley, Oxford, Imperial, Department of Defense, MIT and UC Irvine to Host Explainable Machine Learning Challenge SAN JOSE, Calif., April 9, 2018 /PRNewswire/ -- In a new video blog post, Jari Koister, vice president of product management at FICO, discusses the advantages and challenges organizations face when using artificial intelligence and machine learning. He also unveils the Explainable Machine Learning (xML) Challenge.   ... 
Printer Friendly Version
Apr.04.18FICO to Lead Financial Inclusion Track at LendIt USA 2018
Topics Explore Expanding Credit Access to More Consumers and the Power of Alternative Data in Global Credit Scoring WHAT:           FICO will lead the Financial Inclusion track at LendIt Fintech USA, the world's leading conference on financial services innovation. Sally Taylor-Shoff, vice president, Scores at FICO will discuss today's most pressing financial inclusion and technology topics, including alternative data insights to help su... 
Printer Friendly Version
Mar.29.18FICO Continues to Expand Access to Credit with New FICO® Score XD 2
FICO® Score XD 2 Helps Score over 26.5 Million Previously Unscorable Consumer Files SAN JOSE, Calif., March 29, 2018 /PRNewswire/ -- FICO® Score XD 2 increases coverage and is able to score over 26.5 million previously unscorable consumer files 11.8 million of these consumers are without credit files and unscorable by any scoring system relying on traditional credit bureau data alone While the traditional FICO® Score is able to score 91 percent of applicants, the inclusio... 
Printer Friendly Version
Mar.28.18FICO Partners with DataScoring to Lower the Cost of Credit Risk Decisions in Colombia
MIAMI, Florida — March 28, 2018 DataScoring will offer the FICO Alternative Lending Platform in ColombiaThe FICO Alternative Lending Platform gives lenders a less expensive way to make credit risk decisions, using cloud-based analytics and decision strategies Analytics software leader FICO today announced that it has partnered with Colombian firm DataScoring to provide cloud-based credit risk assessment to lenders. DataScoring now offers the FICO® Alternative Lending Platform i... 
Printer Friendly Version
Mar.21.18Basisbank Will Manage Risk and Accelerate Digital Transformation with FICO Technology
Leading Danish online lender will gain flexibility and control over risk exposure STOCKHOLM — March 21, 2018 Highlights: ·         Basisbank, an online lender in Denmark, will control credit risk and accelerate its digital transformation using FICO® Blaze Advisor® decision rules management system ·         Basisbank risk analysts will be able to quickly make changes to credit strategies for unsecu... 
Printer Friendly Version
Mar.19.18Latin American Fintech Kuiki Speeds Credit Granting with FICO Analytics
Kuiki is using FICO credit risk models to improve risk assessment while making instant credit decisionsKuiki is a fintech operating in Costa Rica and Nicaragua that offers lines of credit through mobile devices to customers, and has a wide range of affiliate retailers, travel firms, health providers and moreFICO is the world's leading provider of credit risk management analytics   MIAMI, FL — March 19, 2018 — Analytic software firm FICO today announced that Kuiki, a fint... 
Printer Friendly Version
Mar.07.18FICO Data: 10 Percent More Debit Cards Were Compromised in U.S. Last Year
FICO offers safety tips for cardholders SAN JOSE, Calif., March 7, 2018 /PRNewswire/ -- 10 percent more debit cards were compromised at U.S. ATMs and merchant card readers in 2017, according to new FICO data Compromises of ATMs and merchant devices in the US rose 8 percent Cardholders should employ common sense when using ATMs, and check their transactions frequently FICO® Card Alert Service monitors hundreds of thousands of ATMs in the US ... 
Printer Friendly Version
Mar.06.18FICO to Present at Upcoming Investor Conference
SAN JOSE, Calif., March 6, 2018 /PRNewswire/ -- FICO (NYSE: FICO), a leading predictive analytics and decision management software company, today announced Jim Wehmann, Executive Vice President of Scores, will present at the Barclays Emerging Payments Forum on Tuesday, March 13, 2018 at 2:35 pm ET at The InterContinental New York Times Square, 300 W 44th Street, New York, NY.  The presentation will be Webcast live on FICO's website at www.fico.com/investors,... 
Printer Friendly Version
Mar.06.18FICO Cybersecurity Insurance Dashboard Gives Underwriters Powerful Modeling and Analysis Tools
New capabilities are part of FICO® Enterprise Security Score SAN JOSE, Calif., March 6, 2018 /PRNewswire/ -- Highlights: The FICO® Enterprise Security Score now has an insurance dashboard that underwriters can use to understand their exposure and make better pricing and portfolio decisions Underwriters can calculate risk metrics, simulate risk scenarios, insert their historical data, review risks at a policy, portfolio and book-of-business leve... 
Printer Friendly Version
Mar.06.18AI Innovator Sebastian Thrun and Chess Grandmaster Garry Kasparov to Headline FICO World 2018
Largest conference focused on analytically powered decision management will be sponsored by Amazon Web Services, TSYS, Equifax, FIS, and Creative Solutions SAN JOSE, Calif., March 6, 2018 /PRNewswire/ -- HIGHLIGHTS: Leading Decisions conference on AI, applied analytics, and decision management will take place April 16-19 in Miami Beach Sebastian Thrun and Garry Kasparov will discuss AI-human interaction in keynotes Popular Credit Bootca... 
Printer Friendly Version
Mar.01.18FICO's Manish Gandhi Named to DataIQ 100 List of UK Analytics Leaders
FICO's European head of analytics joins list of the most influential business leaders in UK data-driven organisations LONDON, March 1, 2018 /PRNewswire/ -- Highlights: DataIQ has named FICO's Manish Gandhi to the DataIQ 100, a list of the most influential business leaders in UK data-driven organisations Gandhi and his team of data scientists in Europe and India are on the front lines of the drive to use machine learning, AI and augmented analyt... 
Printer Friendly Version
Feb.28.18LHV, Estonia’s Leading Financial Group, Will Combat Money Laundering with FICO Compliance Solution
LONDON — February 28, 2018 Highlights: ·         LHV, the largest domestic financial group in Estonia, will use the FICO® TONBELLER® Siron® Anti Financial Crimes Suite to fight money laundering and comply with a host of European financial regulations. ·         Founded in 1999, LHV has 135,000 banking clients and more than 180,000 investment clients. LHV, the largest domestic financial group in Est... 
Printer Friendly Version
Feb.26.18New Research Finds Sallie Mae Customers Who Track Their FICO® Scores Manage Credit More Responsibly
Customers Who Frequently Checked Their FICO Scores More Likely to Have Higher Credit Scores, Less Likely to Miss or Make Late Payments NEWARK, Del.--(BUSINESS WIRE)--Feb. 26, 2018-- Sallie Mae customers who check their credit scores regularly make better financial decisions and manage finances more responsibly, according to a just-released paper, “Does Knowing Your FICO Score Change Financial Behavior? Evidence from a Field Experiment with Stu... 
Printer Friendly Version
Feb.22.18FICO to Present at Upcoming Investor Conference
SAN JOSE, Calif., Feb. 22, 2018 /PRNewswire/ -- FICO (NYSE: FICO), a leading predictive analytics and decision management software company, today announced Will Lansing, Chief Executive Officer, will present at the Morgan Stanley Technology, Media & Telecom Conference on Thursday, March 1, 2018 at 10:10 am PST at The Palace Hotel, 2 New Montgomery Street, San Francisco, CA.  The presentation will be Webcast live on FICO's website at www.fico.com/investor... 
Printer Friendly Version
Feb.21.18Alliant Credit Union Funds Nearly $400 Million in New Loans using FICO Originations Technology
SAN JOSE, Calif., Feb. 21, 2018 /PRNewswire/ -- Highlights: Alliant Credit Union made decisions on 56,000+ loan applications, and loaned more than $390 million to members using its new custom-built Consumer Loan Origination System (CLOS) with FICO technology. FICO helped Alliant to cut the number of decision rules per loan product by over 25 percent, resulting in significant efficiency gains. Credit card applications can now close in less than ha... 
Printer Friendly Version
Feb.20.18FICO Opens Xpress Mosel Programming Language to All
Everyone will have access to the premier analytic orchestration, optimization modeling and programming language, as FICO looks to advance the field of prescriptive analytics SAN JOSE, Calif., Feb. 20, 2018 /PRNewswire/ -- Highlights: FICO Xpress Mosel, the leading analytic orchestration, optimization modeling and programming language is now available to everyone free of charge. With this release, FICO is enabling the data science community at l... 
Printer Friendly Version
Feb.12.18FICO Appoints Kevin Deveau to North American Insurance Practice Lead
SAN JOSE, Calif. and TORONTO, Feb. 12, 2018 /PRNewswire/ -- Silicon Valley analytics software firm, FICO (NYSE: FICO), today announces that Kevin Deveau has been appointed North American Insurance Practice Lead for Insurance, which covers Life & Annuity (L & A), Health, Property & Casualty (P&C) and Reinsurance. Deveau will also continue overseeing the company's Canadian operations as vice president and managing director of FICO Canada. In his... 
Printer Friendly Version
Feb.06.18FICO Survey: 6 in 10 APAC Banks Say Use of Fraudulent ‘Synthetic Identities’ on the Rise
Card testing also rises significantly in APAC in 2017   SINGAPORE — February 7, 2018 HIGHLIGHTS: 1 in 5 APAC banks say that the number of fraudulent applications for credit cards now sits between five to 10 percent of all applications.44 percent of banks believe that social platforms and mobile apps are the most likely to suffer a data breach.Half of banking respondents reported an increase in card testing of 25-50 percent. A further quarter said it was even higher at 50-... 
Printer Friendly Version
Feb.06.18German Baker Harry-Brot Uses FICO to Optimize Baking Production and Reduce Costs
German baker wins FICO Decisions Award for Artificial Intelligence, Machine Learning and Optimization for reducing transportation and production costs using FICO Xpress Optimization BERLIN, Feb. 6, 2018 /PRNewswire/ -- Highlights: Harry-Brot is recognized for its cutting-edge use of optimization technology in production and distribution operations with a 2017 FICO Decisions Award for AI, Machine Learning & Optimization. Harry-Brot is one of... 
Printer Friendly Version
Feb.06.18German Baker Harry-Brot Uses FICO to Optimize Baking Production and Reduce Costs
German baker wins FICO Decisions Award for Artificial Intelligence, Machine Learning and Optimization for reducing transportation and production costs using FICO Xpress Optimization BERLIN — February 6, 2018 Highlights: Harry-Brot is recognized for its cutting-edge use of optimization technology in production and distribution operations with a 2017 FICO Decisions Award for AI, Machine Learning & Optimization. Harry-Brot is one of the biggest German producers of bread and has increased... 
Printer Friendly Version
Feb.05.18FICO Score Open Access Program Reaches Milestone of 250 Million Consumer Financial Credit Accounts
Program improves transparency by enabling financial institutions to provide customers with free access to the actual FICO® Score used by lenders for credit decisions and risk management SAN JOSE, Calif., Feb. 5, 2018 /PRNewswire/ -- The FICO® Score Open Access program now reaches more than 250 million consumer accounts, providing free access to the actual FICO® Scores used by lenders to manage accounts More than 100 financial institutions participate in FICO® Score Open Access ... 
Printer Friendly Version
Feb.01.18Innovus Consulting Services Delivers In-Depth Security Assessment Services for Digital Transformation with FICO Cybersecurity Scores
As a FICO® Enterprise Security Score partner, Innovus will make empirical cybersecurity risk scores part of digital transformation offerings SAN JOSE, Calif. and  BRECKENRIDGE, Colo., Feb. 1, 2018 /PRNewswire/ -- Innovus Consulting Services, an international consulting company in the fields of cybersecurity and digital transformation, along with Silicon Valley analytic software firm FICO announced today that Innovus has joined the FICO® Enterprise Security Score partner program. Through the p... 
Printer Friendly Version
Jan.30.18Global Fintech 4finance Deploys FICO AML and KYC Solution across 10 Countries in Nine Months
Europe's largest online and mobile consumer lender wins FICO Decisions Award for scale and speed of compliance program    LONDON — January 30, 2018 Highlights: Fintech 4finance Group deployed FICO cloud solutions for anti-money laundering and know-your-customer compliance across 10 countries in nine monthsThe compliance solutions are supported by less than one FTE per country, and have not impacted 4finance's promise to issue loans in 15 minutes4finance Group has wo... 
Printer Friendly Version
Jan.25.18Globe Telecom Cuts Delinquencies by 40 Percent Using FICO Solution for Analytically Driven Collections
Philippines' top mobile operator has reduced cost to collect by 15 percent   Globe Telecom (Globe), one of the major telecommunications services providers in the Philippines, has reduced account delinquencies by 40 percent year-on-year, since its deployment of FICO® Customer Communication Services (CCS) in 2016. By automating a portion of its collections efforts, the company has also managed to reduce the cost to collect by 15 percent and the time it takes to collect by three d... 
Printer Friendly Version
Jan.25.18FICO Announces Earnings of $0.86 per Share for First Quarter Fiscal 2018
Revenues of $235 million vs. $220 million in prior year SAN JOSE, Calif., Jan. 25, 2018 /PRNewswire/ -- FICO (NYSE:FICO), a leading predictive analytics and decision management software company, today announced results for its first fiscal quarter ended December 31, 2017. First Quarter Fiscal 2018 GAAP Results Net income for the quarter totaled $27.3 million, or $0.86 per share, versus $37.9 million, or $1.16 per share, reported in the prior year period. ... 
Printer Friendly Version
Jan.23.18FICO Partners with 4most Europe to Accelerate Banks’ Regulatory Compliance
LONDON — 23 January 2018 Highlights: 4most Europe will help FICO customers deploy and get rapid value from FICO® Decision Central™ software for analytic model governance.FICO has built Decision Central frameworks, in collaboration with 4most, for Capital Requirements Regulation (CRR), Internal Ratings-Based (IRB) Basel approach and the European's Central Bank's Target Review of Internal Models (TRIM). Analytics software firm FICO today announced a partnership with risk analytic... 
Printer Friendly Version
Jan.18.18Fair Isaac Corporation Announces Date for Reporting of First Quarter Fiscal 2018 Financial Results
SAN JOSE, Calif., Jan. 18, 2018 /PRNewswire/ -- FICO (NYSE:FICO), a leading predictive analytics and decision management software company, will announce its first quarter fiscal 2018 results on January 25, 2018, after the market closes and will host a conference call on January 25 at 5:00 p.m. Eastern Time (4:00 p.m. Central/ 2:00 p.m. Pacific). This call will be webcast and can be accessed at FICO's website at www.fico.com/investors. A replay of the webcast ... 
Printer Friendly Version
Jan.17.18Barbican Insurance Group Partners with FICO to Enhance Cyber Underwriting
Barbican will use the FICO Enterprise Security Score in underwriting decisions, and provide subscriptions to policy holders to promote ongoing cyber risk reduction LONDON — January 17, 2018 HIGHLIGHTS: Barbican Insurance Group has selected the FICO® Enterprise Security Score as its predictive analytic measure of cybersecurity risk for breach insurance underwriting. The partnership will also provide Barbican's insureds with access to the FICO® Enterprise Security Score Portrait p... 
Printer Friendly Version
Jan.11.18FICO Predicts AI and Blockchain Will Meet in 2018
Chief Analytics Officer Dr. Scott Zoldi's AI forecasts includes the rise of "defensive AI" and manipulative chatbots SAN JOSE, Calif., Jan. 11, 2018 /PRNewswire/ -- Highlights: Blockchain will use AI to search through relationship data, says Dr. Scott Zoldi, chief analytics officer at FICO, in his AI predictions for 2018 Defensive AI will be used to protect systems from malicious AI and machine learning Chatbots will get so good at understanding us they will learn how to... 
Printer Friendly Version
<< First | Previous | Next | Last >>