FICO


Associated tags: Telecommunications, Fraud, FICO, Professional Services, Finance, Software, NYSE, Banking, Data Management, Data Analytics, Online shopping, Telecommunication

Locations: US, LONDON, GERMANY, LATIN AMERICA, SWEDEN, NEW ZEALAND, USA, AUSTRALIA, PERU, SOUTH AMERICA, NEW JERSEY, POLAND, FL, SAN FRANCISCO, FRANCE, TEXAS, NORTH CAROLINA, CA, FORRESTER, UKRAINE, RESTON, VA, WASHINGTON, RAYMOND, LAKE, EUROPE, UNITED STATES, UNITED KINGDOM, NORTH AMERICA, MONTANA, LANGHAM, IRELAND, WIMBLEDON, TD, CALIFORNIA, UK, DELAWARE, NO, AUSTRALIA/OCEANIA

FNBO Teams Up with FICO to Expand Its Credit Transparency Program, Leading to More Financially Empowered Consumers

Retrieved on: 
Thursday, May 2, 2024

This access creates and cultivates more financially aware, literate consumers by allowing them to view their FICO Score directly on their online account or mobile app.

Key Points: 
  • This access creates and cultivates more financially aware, literate consumers by allowing them to view their FICO Score directly on their online account or mobile app.
  • Expanding on its success with FICO Score Open Access, FNBO introduced an enhanced and feature-rich consumer education program known as FNBO Credit Watch℠.
  • Through the FNBO Credit Watch℠ program, FNBO customers can access their FICO® Score and view up to five positive and negative factors that impact their FICO Score.
  • “The benefits of the FICO Score Open Access and FNBO Credit Watch programs have been tremendous,” said Jerry O’Flanagan, executive vice president at FNBO.

FICO to Present at Upcoming Investor Conference on May 8th, 2024

Retrieved on: 
Wednesday, May 1, 2024

FICO (NYSE:FICO), a leading predictive analytics and decision management software company, today announced Will Lansing, Chief Executive Officer, will present at the Barclays Americas Select Franchise Conference 2024 on Wednesday, May 8th at 11:30am BST at The Langham, London, 1C Portland Place, London.

Key Points: 
  • FICO (NYSE:FICO), a leading predictive analytics and decision management software company, today announced Will Lansing, Chief Executive Officer, will present at the Barclays Americas Select Franchise Conference 2024 on Wednesday, May 8th at 11:30am BST at The Langham, London, 1C Portland Place, London.
  • The presentation will be streamed live on FICO’s website at www.fico.com/investors and will be available until May 8th, 2025.

FICO Announces Earnings of $5.16 per Share for Second Quarter Fiscal 2024

Retrieved on: 
Thursday, April 25, 2024

FICO (NYSE:FICO), a leading predictive analytics and decision management software company, today announced results for its second fiscal quarter ended March 31, 2024.

Key Points: 
  • FICO (NYSE:FICO), a leading predictive analytics and decision management software company, today announced results for its second fiscal quarter ended March 31, 2024.
  • Net income for the quarter totaled $129.8 million, or $5.16 per share, versus $101.6 million, or $4.00 per share, in the prior year period.
  • Net cash provided by operating activities for the quarter was $71.0 million versus $89.8 million in the prior year period.
  • Non-GAAP Net Income for the quarter was $154.5 million versus $121.4 million in the prior year period.

FICO UK Credit Card Market Report: February 2024

Retrieved on: 
Monday, April 22, 2024

Higher inflation rates also continue to impact the average credit card balance, which is now £1,770 – 6.6% higher than February 2023.

Key Points: 
  • Higher inflation rates also continue to impact the average credit card balance, which is now £1,770 – 6.6% higher than February 2023.
    Credit card providers will also want to monitor the percentage of the total balance being paid.
  • The number of customers missing one credit card payment decreased by 10.9% month-on-month, to 1.5%.
  • One other measure that credit card providers continue to monitor closely is the percentage of customers taking out cash on their credit card.
  • The data sample comes from client reports generated by the FICO® TRIAD® Customer Manager solution in use by some 80% of UK card issuers.

FICO Partner Awards Showcase Game-Changing Innovators Worldwide

Retrieved on: 
Thursday, April 18, 2024

FICO World – April 18, 2024 – FICO (NYSE: FICO)

Key Points: 
  • FICO World – April 18, 2024 – FICO (NYSE: FICO)
    Today at FICO® World , the industry's leading analytic and AI event, global analytics software leader FICO recognized seven of its partners that are transforming the way their industries operate using FICO analytics and decision management technology.
  • Through FICO solutions (FICO® Falcon® Fraud Manager and FICO® Customer Communication Services), Dock allows its clients to prevent more than USD$71 million a month in fraudulent transactions across Latin America.
  • A leading payments technology company and longtime partner with FICO, TSYS has engaged with FICO on cloud deployments through SaaS platforms such as FICO Falcon Fraud Manager, FICO® Fraud Predictor, and FICO® Strategy Director.
  • “FICO partners with dozens of industry leaders worldwide that create transformative value for businesses and their customers,” said Alexandre Graff, global head of Partners & Alliances for FICO.

TD Wins 2024 FICO Decisions Award for its Achievements in Fraud Management

Retrieved on: 
Thursday, April 18, 2024

FICO® Platform and the TD North American Fraud Detection Platform also support real-time fraud health monitoring that is helping the Bank keep a constant pulse on fraud trends and new threats.

Key Points: 
  • FICO® Platform and the TD North American Fraud Detection Platform also support real-time fraud health monitoring that is helping the Bank keep a constant pulse on fraud trends and new threats.
  • At its annual FICO® World conference today, global analytics software leader FICO announced TD, a leading North American bank with over 27.5 million customers has won a 2024 FICO® Decisions Award for Fraud Management.
  • TD collaborated with FICO to support the development of the TD North American Fraud Detection Platform that integrates real-time customer and financial payments data to power advanced fraud-detection capabilities.
  • “FICO Platform’s unique analysis and data orchestration capabilities have empowered TD to uplift their fraud detection, prevention and management capabilities."

Fair Isaac Corporation Announces Date for Reporting of Second Quarter Fiscal 2024 Financial Results

Retrieved on: 
Wednesday, April 17, 2024

FICO (NYSE:FICO), a leading predictive analytics and decision management software company, will announce its second quarter fiscal 2024 results on April 25, 2024, after the market closes and will host a conference call on April 25th at 5:00 p.m. Eastern Time (4:00 p.m. Central/ 2:00 p.m. Pacific).

Key Points: 
  • FICO (NYSE:FICO), a leading predictive analytics and decision management software company, will announce its second quarter fiscal 2024 results on April 25, 2024, after the market closes and will host a conference call on April 25th 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 be available at our Event Calendar under Past Events through April 25, 2025.

Volvo Cars Approves Sales and Leases Faster Using FICO Platform

Retrieved on: 
Wednesday, April 17, 2024

FICO World – FICO (NYSE: FICO)

Key Points: 
  • FICO World – FICO (NYSE: FICO)
    Volvo Cars has strategically leveraged FICO® Platform to revolutionize its customer onboarding process across B2C, B2B and fleet segments
    Volvo Cars improved its speed, ensured buyers’ affordability and gained agility
    Today at FICO® World, the industry's leading analytic and AI event, global analytics software leader FICO announced that Volvo Cars has strategically leveraged FICO® Platform to revolutionize its customer onboarding process across B2C, B2B, and fleet segments.
  • “We originally launched FICO Platform for subscriptions, and due to its success, we made it the backbone for all online orders, streamlining leasing and purchasing processes,” said Sujitha Davidson, product manager at Volvo Cars.
  • “This strategic partnership underscores Volvo Cars' commitment to embracing cutting-edge technologies for a seamless and efficient customer experience.”
    Employing FICO decisioning capabilities on FICO Platform, Volvo has established a scalable and robust credit assessment solution that seamlessly integrates internal and external data sources.
  • To minimize processing time, FICO® Platform generates a list of required documents tailored to specific referral reasons when customers are checking out online.

FICO Score 10 T Adoption Reaches Significant Milestone by Serving $300 Billion in Eligible Mortgage Portfolios

Retrieved on: 
Wednesday, April 17, 2024

FICO World – Today at FICO ® World, the industry's leading analytic and AI event, analytics software leader FICO (NYSE: FICO) announced a significant milestone in the adoption of FICO® Score 10 T by the mortgage industry.

Key Points: 
  • FICO World – Today at FICO ® World, the industry's leading analytic and AI event, analytics software leader FICO (NYSE: FICO) announced a significant milestone in the adoption of FICO® Score 10 T by the mortgage industry.
  • Since 2023, clients with over $100 billion in annualized mortgage originations and approximately $300 billion in eligible mortgage portfolio servicing have signed up for the FICO Score 10 T.
    Additionally, Liberty Home Mortgage is the latest to choose to adopt FICO® Score 10 T for non-conforming loans.
  • It joins a growing number of mortgage lenders embracing FICO’s newest, most innovative, and most predictive scoring model.
  • “We are seeing incredible momentum with lenders realizing the power of our most innovative and predictive score, FICO Score 10 T,” said Joe Zeibert, vice president of Mortgage and Capital Markets at FICO.

FICO Unlocks Enterprise Collaboration and Operationalizes Real-Time Insights to Help Clients Accelerate Innovation and Deliver Exceptional Customer Experiences

Retrieved on: 
Tuesday, April 16, 2024

FICO World – FICO (NYSE: FICO)

Key Points: 
  • FICO World – FICO (NYSE: FICO)
    New enhancements to FICO® Platform accelerate enterprise collaboration by breaking down silos and improving the ability to operationalize real-time insights while leveraging the latest AI innovations.
  • These innovations, use cases and customer success stories will be highlighted at FICO® World, a premier client event, happening now, April 15-18 in San Diego.
  • At its annual FICO® World conference today, global analytics software leader FICO announced major new enhancements to FICO® Platform that improve and expand enterprise collaboration.
  • FICO is showcasing these innovations and use cases for FICO® Platform at FICO® World, April 15-18 in San Diego, CA.