|Apr.18.17||Matrix-IFS Partners with FICO to Offer Advanced Anti-Financial Crime Solutions|
|SAN JOSE, Calif. and JERSEY CITY, N.J., April 18, 2017 /PRNewswire/ --
Matrix International Financial Services will partner with FICO and offer comprehensive support of the FICO® TONBELLER® Siron® Anti-Financial Crime Solutions
Siron solutions address money laundering, tax evasion, know-your-customer and other compliance requirements
Matrix-IFS is a leading provider of business and technology solutions to financial services, focusing on compliance, financial r... |
|Apr.13.17||Fair Isaac Corporation Announces Date for Reporting of Second Quarter Fiscal 2017 Financial Results|
|SAN JOSE, Calif., April 13, 2017 /PRNewswire/ -- FICO (NYSE:FICO), a leading predictive analytics and decision management software company, will announce its second quarter fiscal 2017 results on April 27, 2017, after the market closes and will host a conference call on April 27 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 wi... |
|Apr.11.17||FICO Partners with Operation HOPE to Improve Consumer Financial Health|
|New alliance supports the HOPE Inside programming model, empowering consumers and uplifting communities through financial literacy
SAN JOSE, Calif., April 11, 2017 /PRNewswire/ --
FICO is teaming up with Operation HOPE, Inc., a global financial dignity and economic empowerment nonprofit, to help consumers by providing FICO® Scores and other information that enables them to better understand their financial health.
Jim Wehmann, executive vice president, Scores, at FICO is deliverin... |
|Apr.11.17||FICO® Score Open Access Reaches Milestone of 200 Million Consumer Financial Credit Accounts|
|Program enables financial institutions to provide FICO® Scores, for free, to existing customers increasing financial transparency and consumer empowerment
SAN JOSE, Calif., April 11, 2017 /PRNewswire/ --
More than 200 million credit accounts in the U.S. are now included in the FICO® Score Open Access program.
FICO® Score Open Access enables over 100 financial institutions to provide FICO® Scores, for free, to existing customers.
More than a billion FICO® Scores are given to... |
|Apr.10.17||Consumer Online Lender 4finance Group Ensures Compliance with New Anti-Money Laundering Requirements Globally Using FICO TONBELLER Cloud Solution|
|LONDON, April 10, 2017 /PRNewswire/ --
Consumer online lender 4finance Group is using the FICO® TONBELLER® Siron® Anti-Financial Crime Solutions in the FICO® Analytic Cloud to ensure regulatory compliance with requirements of the 4th EU Anti Money Laundering directive
Founded in 2008, 4finance Group operates in 17 countries today and has made loans exceeding €4 billion
FICO TONBELLER's Siron® solutions address anti-money laundering, customer due diligence, CTF (counter ... |
|Apr.05.17||FICO Launches Cloud-Based Origination Solution to Help Mid-Market Lenders Automate Small Business Lending Decisions|
|Origination Manager Essentials reduces loan application processing time to 60 seconds or less
SAN JOSE, Calif., April 5, 2017 /PRNewswire/ --
FICO® Origination Manager Essentials is designed to help mid-market banks and credit unions automate small business lending decisions.
The solution combines powerful analytics with an automated, cloud-based platform to increase loan volumes with the same amount of staff and drive down the cost of... |
|Mar.29.17||FICO Reports a 70 Percent Rise in Debit Cards Compromised at U.S. ATMs and Merchants in 2016|
|Increase follows sharp rise in 2015; consumers should take steps to protect themselves
SAN JOSE, Calif., March 29, 2017 /PRNewswire/ --
FICO detected 70 percent more compromised debit cards at U.S. ATMs and merchant card readers in 2016, according to new FICO data
Compromises of ATMs and merchant devices in the US rose 30 percent, following a six-fold increase in 2015
The average duration of a compromise fell from 14 days in 2015 to 11
Cardholders should employ common sense when u... |
|Mar.22.17||Independent Research Firm Names FICO as a Leader in Predictive Analytics and Machine Learning Solutions|
|SAN JOSE, Calif., March 22, 2017 /PRNewswire/ --
New Forrester Wave™ shows, "enterprises that can make probabilistic predictions about customers, business processes, and operations will have an edge over enterprises that can't."
Wave highlights "hot" Predictive Analytics and Machine Learning Solutions market, forecasting "a 15% compound annual growth rate (CAGR) for the PAML market through 2021."
FICO selected as a leader and is cited for its "extensive real-world experience" and its de... |
|Mar.20.17||EnterCard Will Use Cloud-Based FICO Solution to Protect 1.7 Million Scandinavians from Fraud|
|STOCKHOLM, March 20, 2017 /PRNewswire/ --
EnterCard will deploy the FICO® Falcon® Platform across its operations in Sweden, Norway and Denmark
The FICO solution will be used to protect all their cards and communicate with over 1.7 million customers
Globally, FICO Falcon Fraud Manager protects 2.6 billion payment cards from fraud
EnterCard, one of the leading Scandinavian finance companies, will use the FICO® Falcon® Platform to combat card fraud and c... |
|Mar.08.17||Killer Devices to Hacked Fingerprints: FICO Predicts 17 Financial Crime Trends for 2017|
|SAN JOSE, Calif., March 8, 2017 /PRNewswire/ --
FICO experts predict a wide range of challenges in fraud, cybersecurity and money laundering in 2017
The 17 predictions include IoT threats, cybersecurity transparency, EMV confusion, hacked biometrics and illegal migration rings
FICO is a leader in financial crime solutions
If the world seemed dangerous from a financial crime perspective last year, experts at Silicon Valley analytics ... |
|Mar.06.17||Russian FICO Score at NBKI Earns Best Scoring Solution Award|
|MOSCOW, March 6, 2017 /PRNewswire/ --
National Bureau of Credit Histories (NBKI), Russia's leading credit bureau, has received an award for Best Scoring Solution 2016 based on the FICO® Score version 3.
FICO built the latest model for Russia based on analysis of more than 10 million Russian borrowers and 200 million credit lines
More than half of the top Russian banks use FICO® Scores delivered by NBKI.
National Bureau of Credit Hi... |
|Feb.27.17||The Mizen Group Will Sell FICO TONBELLER Solutions to Businesses Fighting Financial Crime|
|SAN JOSE, Calif. and NEW YORK, Feb. 27, 2017 /PRNewswire/ --
The Mizen Group will offer FICO® TONBELLER® Anti-Financial Crime Solutions to its clients in the United States
FICO TONBELLER's Siron® solutions address money laundering, tax evasion, know-your-customer and other compliance requirements
The Mizen Group is a multinational financial security and corporate investigations software and technology services firm
Silicon Valley an... |
|Feb.20.17||Silicon Valley Analytics Leader FICO Awarded Eight New Patents for Cybersecurity, AI, Decision Management|
|SAN JOSE, Calif., Feb. 20, 2017 /PRNewswire/ -- Highlights:
Silicon Valley analytic software firm FICO has been awarded eight new patents related to cybersecurity, AI and decision management.
FICO now holds 173 US and foreign patents, and has 91 pending patent applications.
Silicon Valley analytic software firm FICO has been awarded eight new patents related to cybersecurity and advanced analytics. FICO now holds 173 US and foreign patents, and has 9... |
|Feb.16.17||FICO Declares Quarterly Cash Dividend|
|SAN JOSE, Calif., Feb. 16, 2017 /PRNewswire/ -- FICO (NYSE:FICO), a leading predictive analytics and decision management software company, has declared a two cent per share quarterly dividend, payable on March 17, 2017, to shareholders of record on March 3, 2017. The dividend was declared during a meeting of the company's Board of Directors on February 15, 2017.
FICO (NYSE: FICO) powers decisions that help people and businesses around the world p... |
|Feb.14.17||FICO Wins Fintech Finance Award for Fraud and Cybersecurity Solutions|
|SAN JOSE, Calif., Feb. 14, 2017 /PRNewswire/ --
FICO has received the Silver award for Best in Cybersecurity & Fraud Prevention from Fintech Finance magazine
The award recognizes FICO's work in fraud prevention as well as cybersecurity
These are the first Fintech Finance awards
Silicon Valley analytic software firm FICO has received the Silver award for Best in Cybersecurity & Fraud Prevention from Fintech Finance magazine... |
|Feb.14.17||FICO and EC Wise Announce Partnership for Streamlining Cybersecurity Risk Assessment and Mitigation|
|SAN JOSE, Calif. and SAN RAFAEL, Calif., Feb. 14, 2017 /PRNewswire/ -- Cybersecurity solution provider and systems integrator EC Wise and Silicon Valley analytic software firm FICO announced today that EC Wise has joined FICO's Enterprise Security Score partner program. Through the partnership, EC Wise will incorporate the FICO® Enterprise Security Score into its EC:Secure portfolio of products and services, which enable clients to accurately assess cybersecurity risk within their own organizati... |
|Feb.09.17||FICO and Círculo de Crédito Bring World's Leading Credit Score to Peru|
|FICO® Score will help Peruvian lenders extend more credit and grow economy with stronger risk management
SAN JOSE, Calif., Feb. 9, 2017 /PRNewswire/ --
FICO and Círculo de Crédito have made the FICO® Score available to lenders in Peru
The score is available now through Círculo de Crédito Peru.
The FICO® Score is the world's leading credit score, with more than 10 billion sold each year
Millions of Peruvians will find new credit o... |
|Feb.07.17||PSECU Will Use FICO Technology for Real-Time Communication with Members|
|SAN JOSE, Calif., Feb. 7, 2017 /PRNewswire/ --
Starting in 2017, PSECU (Pennsylvania State Employees Credit Union) will use FICO® Customer Communications Services to manage communications with people applying to be members, or members applying for loans
The automated service works with PSECU's branch-free business model and online application processes
PSECU is one of the biggest credit unions in Pennsylvania, with 400,000 members
|Feb.07.17||Thames Water Reduces Bad Debt 11% in a Year with FICO System|
|UK's largest water services provider wins FICO Decisions Award for Debt Management
LONDON, Feb. 7, 2017 /PRNewswire/ --
Thames Water reduced bad debt from 3.6 percent to 3.2 percent of its turnover in just 12 months, a relative reduction of 11 percent over the last year
Thames Water has been awarded the FICO Decisions Award for Debt Management
Thames Water, the UK's largest provider of water and wastewater services, has reduced bad ... |
|Feb.02.17||Financial Crime Solutions in Demand as Nepal Moves to Grow Economy|
|FICO partners with ELAM to
showcase solutions at national banking symposium
SINGAPORE — 3 February 2017
The Nepalese government has called for enhanced governance and risk management compliance capabilities, to
help combat cases of financial crime in the country. Nepal's Central
Bank (Nepal Rastra Bank) believes that
overall governance and risk management should continue to be enhanced. It has
identified money laundering, white
collar crime and compliance ... |
|Jan.31.17||FICO Announces Earnings for First Quarter Fiscal 2017|
|Revenue of $220 million vs. $200 million in prior year
GAAP EPS of $1.16, including favorable impact of excess tax benefits
SAN JOSE, Calif., Jan. 31, 2017 /PRNewswire/ -- FICO (NYSE:FICO), a leading predictive analytics and decision management software company, today announced results for its first fiscal quarter ended December 31, 2016.
First Quarter Fiscal 2017 GAAP Results
Net income for the quarter totaled $37.9 million, or $1.16 per share, versus... |
|Jan.24.17||FICO and Círculo de Crédito Make It Easier for Millions of Mexicans to Get Credit|
|FICO® Extended Score gives Mexican lenders the ability to assess the credit risk of consumers with little or no credit history
SAN JOSE, Calif., Jan. 24, 2017 /PRNewswire/ -- Círculo de Crédito, the fastest-growing credit bureau in Mexico, can provide credit scores on nearly twice as many people, thanks to its adoption of an innovative score from analytic software firm FICO. Since it has been using the FICO® Extended Score to score people with little or no credit history, Círculo de Crédito h... |
|Jan.23.17||FICO Recognized in 2016 "Know Your Customer" Market Update Analyst Report|
|Market Updates from independent research firm on KYC and AML show FICO as strong provider
SAN JOSE, Calif., Jan. 23, 2017 /PRNewswire/ --
FICO® TONBELLER® Siron® solution recognized as a leading know your customer (KYC) system in 2016 CEB TowerGroup analyst report "Do You Know Who I Am? Know Your Customer Systems Market Update."
FICO TONBELLER Siron solution also recognized as a leading anti-money laundering (AML) system in 2016 CEB TowerGroup analyst report, "Com... |
|Jan.18.17||Ethoca & FICO Partner to Improve End-to-End CNP Fraud Management Capabilities for Card Issuers|
|Partnership Enables FICO to Provide Rapid Notification of Confirmed Fraud to Ethoca for Immediate Resolution Through Ethoca's Global Network of Merchants
TORONTO and SAN JOSE, Calif., Jan. 18, 2017 /PRNewswire/ -- Ethoca, the industry standard for collaboration-based technology solutions that enable card issuers and online merchants to increase card acceptance and stop ecommerce fraud and disputes, today announced a partnership with Silicon Valley analytic software firm FICO. Card issuers usi... |
|Jan.17.17||Fair Isaac Corporation Announces Date for Reporting of First Quarter Fiscal 2017 Financial Results|
|SAN JOSE, Calif., Jan. 17, 2017 /PRNewswire/ -- FICO (NYSE:FICO), a leading predictive analytics and decision management software company, will announce its first quarter fiscal 2017 results on January 31, 2017, after the market closes and will host a conference call on January 31 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 ... |
|Jan.10.17||FICO and TSC Advantage Join Forces to Improve View of Cybersecurity Risk|
|FICO Enterprise Security Score and the TSC Advantage Secure Halo assessment strengthen security defenses with predictive analytics and a full picture of vulnerabilities
SAN JOSE, Calif., Jan. 10, 2017 /PRNewswire/ --
FICO and TSC Advantage now offer companies a joint solution that will help companies assess their exposure to cyber attacks
The partnership combines the FICO® Enterprise Security Score, which quantifies the risk of a debilit... |
|Jan.10.17||Southwest Airlines Wins 2016 FICO Decision Management Innovation Award for Real-Time Operations Recovery Tool|
|Southwest increases on-time flight performance by 10-15 percent using FICO optimization
SAN JOSE, Calif., Jan. 10, 2017 /PRNewswire/ --
Southwest Airlines has achieved extraordinary results in improving flight on-time performance using FICO optimization in their Baker Airline Operations Recovery Optimizer tool, winning the 2016 FICO Decisions Award for Decision Management Innovation.
Since the project's inception, on-time performance is 10-15 percent higher on days with irregular opera... |
|Jan.09.17||FICO Joins EU-U.S. Privacy Shield Program to Protect Clients' Data|
|SAN JOSE, Calif., Jan. 9, 2017 /PRNewswire/ -- Silicon Valley analytics software firm FICO today announced that it has been accepted into the EU-U.S. Privacy Shield program, which requires FICO to agree to comply with EU data protection requirements when transferring personal data from the European Union to the United States. Effective December 7, 2016, this voluntary self-certification declares FICO's cooperation with the privacy program adopted jointly by the European Commission and the U.S. D... |
|Jan.05.17||Medscheme Sees Early Success in Reducing South Africa's Healthcare Insurance Fraud, Waste and Abuse Using FICO Solution|
|Country's largest health risk management company wins FICO Decisions Award for Fraud Control
JOHANNESBURG, Jan. 5, 2017 /PRNewswire/ --
Using FICO® Payment Integrity Platform, South Africa's Medscheme has identified 3 percent of healthcare insurance claims as involving fraud, waste and abuse.
Medscheme has been awarded the 2016 FICO Decisions Award for Fraud Control.
Medscheme is the largest health risk management company in South A... |