Tagged: fico

PULSE, a Discover Financial Services Firm, Extends Debit Fraud Detection Agreement with FICO

PULSE, a Discover Financial Services (NYSE: DFS) company and operator of the PULSE debit network, has agreed to an extension of its partnership with global analytics software provider FICO (NYSE: FICO). PULSE and FICO collaborate “to deliver fraud-detection technology that reduces losses and risk exposure… Read More

Data, Analytics for Fraud Prevention: Teradata, FICO to Help Reduce Fraudulent Activities, Improve Business Outcomes

Teradata (NYSE: TDC) and FICO, the analytics software provider (NYSE: FICO), announced an agreement under which they plan “to bring to market integrated advanced analytic solutions for real-time payments fraud, insurance claims, and supply chain optimization.” Bringing data, analytics and insights together in one environment… Read More

FICO and Israel’s Open-Finance.ai to Streamline Decision-Making in Credit, Insurance

Global analytics software provider FICO (NYSE: FICO) announced a partnership agreement with Israel’s Open-Finance.ai, a risk, finance and compliance software enabler of open banking and finance services and consulting firm headquartered in Tel Aviv. Through this agreement, Open-Finance.ai will “integrate the FICO® Blaze Advisor® decision… Read More

FICO Introduces Originations Solution for Digital-First Account Openings

Applied intelligence firm, FICO, has announced the launch of FICO Originations Solution. Powered by FICO Platform, the next-gen of its loan origination solution will be delivered globally on Amazon Web Services (AWS) Cloud. As mentioned in a release, the solution “empowers businesses to deliver …… Read More

Slovakia based Commercial Bank Slovenská Sporiteľňa Chooses FICO Decision Optimizer to Manage Cash Loan Portfolio

Slovenská sporiteľňa, which is one of the largest commercial banks in Slovakia, has reportedly selected FICO Decision Optimizer in order to enhance profitability while also improving portfolio management for its existing cash loan portfolio. By using FICO’s advanced AI-enhanced optimization, the banking institution will be… Read More

Switzerland’s PostFinance to Protect 3 Million Debit Cards with FICO Falcon Platform, an AI based Protection Solution

Analytics software company FICO recently revealed that Switzerland-based PostFinance will be protecting almost 3 million debit cards with the FICO® Falcon® Platform, an AI-enhanced payments card protection solution. PostFinance, the financial services division of Swiss Post, says it will be using the Falcon Platform to… Read More

Digital Transformation: 68% of Singapore Consumers Prefer All-Digital Channels when Engaging with their Bank during Financial Hardship

During the past year, firms have been focused on accelerating their digital transformation strategies in order to maintain operations in a post-COVID environment. Their investments in digital technology have been essential to retaining business and clients. Companies now require the tools to conduct business remotely,… Read More

First Regulated Utility Coin Issued in France, FICO Trades on Zebitex

As was previously announced, FICO or French-ICO has commenced trading on the Toulouse, France based cryptocurrency exchange Zebitex. French-ICO is a primary issuance platform for firms interested in raising capital via a digital asset offering. FICO was the very first initial coin offering (ICO) to… Read More

Mobile Banking: Malaysian Consumers Are More Comfortable with Online or Digital Banking Portals than US and Canadian Consumers, Survey Reveals

Global analytics software firm FICO reports that Malaysian consumers are more comfortable with using their mobile devices to open and manage bank accounts when compared to US and Canadian residents. FICO’s Consumer Digital Banking Survey reveals that 23% of Malaysians would rather open a bank… Read More

Swisscard AECS, Provider of American Express, Mastercard, VISA Cards, Updates Early Collections Using FICO Analytics

Swisscard AECS, a company that provides American Express, Mastercard and VISA cards for private and business customers, has updated its early collections by using FICO analytics. This has reportedly resulted in a net 50% increase in revenue generated from billable collection expenses.  The update has… Read More

Experian, FICO, and Finicity Create New Credit Score with More Data: UltraFICO

FICO (aka Fair Isaac Corporation) has been around since about 1956, back in the day of punch card computers. Widely utilized and frequently criticized, FICO is the most quoted grade when consumers apply for a loan. But Fintech can make a FICO better, or perhaps… Read More

Fintech Goes to School: Lenny Links with FICO, Provides Credit Scores to Millennial Students

Just in time for graduation, Lenny, an app that offers credit lines to Millennials, announced a partnership with FICO (NYSE: FICO) to provide students and post-grads with their FICO® Score, the standard measure of consumer credit risk.  Founded in 1956 and based in Silicon Valley, FICO is leader in the… Read More

Brief: Marketplace Lender Platform Payoff Set to Offer Members Monthly Access to FICO® Scores for Free

On Wednesday, marketplace lending platform Payoff, Inc. announced it will provide members of its site monthly access to FICO Scores for free beginning January 2016. Scott Saunders, founder and CEO of Payoff, shared: “We are committed to helping people understand their financial health. By providing free… Read More

China Crowdfunding Service Site Yooli Partners With FICO

Yooli, China’s crowdfunding services website, and FICO (NYSE: FICO), the leading provider of analytics and decision management technology, today jointly announced that Yooli has selected FICO risk management technology as a core element of Yooli’s risk management infrastructure. At the signing ceremony held in Beijing, Mr. Yannan Liu , president of Yooli… Read More

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