Analytics Leader FICO Awarded Eight New Patents for Decision Management Innovations
Highlights:
Silicon Valley analytic software firm FICO has been awarded eight new patents related to its decision management platform, fraud detection and other areas.- FICO now holds 183 US and foreign patents, and has 83 pending patent applications.
Three of the new patents relate to technologies developed for the FICO® Decision Management Suite, FICO's integrated platform for developing and managing decision-making applications. These include:
- Its approach to building a cloud-based platform for providing analytic decision services.
- A system for the linearized processing of data objects by a distributed stream computing system.
- A system for a cloud-based process that enables multiple simultaneous users to collaborate on rapid data investigation, detailed data insight, and predictive model development.
"We are aggressively innovating to create the world's first true end-to-end analytically powered decisioning platform," said Dr.
Additional patents covered:
- A system that generates a profile and fraud score that quantify the extent of abnormality for past activity across one or more funding accounts associated with a payment instrument. This innovation is used in the FICO® Falcon® Fraud Manager models.
- Systems that allow managers to identify anomalies in large projects at an early stage, by sifting through vast amounts of data.
- A scalable, automated, causal modeling-based technique to characterize customers by their probable responses to personalized coupon offerings. The techniques can be used to target discount coupons and can be integrated into FICO® Analytic Offer Manager.
- A consumer-driven software system and method for executing secure commercial transactions online.
- A system that applies predictive analysis to graph networks in order to gain insight into identities and entities. This technology is part of FICO® Identity Resolution Manager.
About FICO
FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956 and based in
For FICO news and media resources, visit www.fico.com/news.
FICO and Falcon are registered trademarks of
View original content with multimedia:http://www.prnewswire.com/news-releases/analytics-leader-fico-awarded-eight-new-patents-for-decision-management-innovations-300540584.html
SOURCE FICO
Media, Greg Jawski, Porter Novelli, +1 212-601-8248, greg.jawski@porternovelli.com or Investors/Analysts, Steven Weber, FICO, +1 800-213-5542, investor@fico.com