Fair Isaac and Company, commonly known as FICO, is a leading analytics software company that specializes in providing innovative solutions for decision management, credit scoring, and risk assessment
The company develops advanced technologies that utilize data analytics and machine learning to help businesses across various sectors, including finance, insurance, and healthcare, make informed decisions that enhance operational efficiency and improve customer relationships. FICO's products and services facilitate risk evaluation, fraud detection, and customer engagement, empowering organizations to optimize their performance and navigate complex market dynamics. Through its commitment to innovation and excellence, FICO plays a pivotal role in transforming how businesses leverage data to achieve strategic objectives.
Global analytics software leader FICO (NYSEFICO), was recognized as a software category winner in the 2025 BIG Innovation Awards, for its innovative use of blockchain technology to advance responsible artificial intelligence (AI) and help ensure AI model governance.
FICO (NYSEFICO): Global analytics software leader FICO today announced that the 2024 FICO® Xpress Best Paper Award went to a team that developed an algorithm for finding solutions to difficult optimization problems with millions of variables and constraints in just a few seconds. The paper from Bjørnar Luteberget and Giorgio Sartor of SINTEF, one of Europe’s largest independent research institutes, presents the “Feasibility Jump” algorithm that accelerates the time for finding a first feasible solution to a massive optimization problem. The algorithm has been integrated into FICO® Xpress Solver.
Global analytics software leader, FICO, will announce its first quarter fiscal 2025 results on February 4, 2025, after the market closes and will host a conference call on February 4th at 5:00 p.m. Eastern time (4:00 p.m. Central/2:00 p.m. Pacific).
At the Banking Tech Awards in London, global analytics software leader FICO won the Tech of the Future – Blockchain and Tokenisation award for its innovative work using blockchain technology for AI model governance. FICO’s use of blockchain to advance responsible AI is the first time blockchain has been used to track end-to-end provenance of a machine learning model, to meet responsible AI and regulatory requirements.
Mortgage Capital Trading, Inc. (MCT®), the de facto leader in innovative mortgage capital markets technology, and FICO, a global analytics software leader, have today announced a strategic collaboration to integrate FICO® Score 10 T for mortgage asset buyers and sellers on MCT Marketplace. The firms anticipate that mortgage lenders and investors transacting on the largest mortgage asset exchange for the U.S. secondary market, MCT Marketplace, will benefit by leveraging FICO Score 10 T, the company’s newest, most innovative and most predictive scoring model.
HOPE Global Forum - Global analytics software leader FICO (NYSEFICO) today announced the launch of its Lenders Leading Inclusion™ Program to empower Community Development Financial Institutions (CDFIs) and Minority Depository Institutions (MDIs) to responsibly expand access to credit for underserved communities. By offering access to cutting-edge alternative data scores and financial inclusion strategies, FICO aims to responsibly expand credit access to more people and help consumers achieve financial opportunities.
Investments with high risk adjusted returns provide significant value. These three stocks score well on the Sharpe ratio, a key risk-adjusted return metric.
Global analytics software leader FICO (NYSEFICO) today announced a significant milestone in housing finance: the launch of the first ever government-issued mortgage-backed security (MBS) with loans decisioned using FICO® Score 10 T. This historic MBS pool, issued by Cardinal Financial (Cardinal), included VA loans assessed through FICO’s most innovative scoring model, setting a new precedent for smarter lending decisions and increased borrower inclusion.
