FICO Wins 2025 BIG Innovation Award for Leading Responsible AI Innovation with Blockchain Technology
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.
Innovative Algorithm Slashes Time to Solve Massive Optimization Problems
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.
Fair Isaac Corporation Announces Date for Reporting of First Quarter Fiscal 2025 Financial Results
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).
FICO Wins Banking Tech Award for Blockchain and AI Innovation
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.
MCT and FICO Collaborate to Bring Predictive FICO® Score 10 T to Secondary Mortgage Marketplace
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.
FICO Launches Lenders Leading Inclusion Program to Expand Credit Access for Underserved Communities
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.
Cardinal Financial Completes Issue of First Ever Mortgage-Backed Security Containing Loans Decisioned with the help of FICO Score 10 T
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.
FICO Announces Earnings of $5.44 per Share for Fourth Quarter Fiscal 2024
FICO (
NYSEFICO), a global analytics software leader, today announced results for its fourth fiscal quarter ended September 30, 2024.
FICO Launches FICO Score Simulator to Help Mortgage Lenders Give Consumers More Loan Options and Favorable Rates
Global analytics software leader FICO (
NYSEFICO) today announced a new analytic tool for mortgage professionals, the FICO® Score Mortgage Simulator.
Atlantic Bay Mortgage Group Adopts FICO® Score 10 T to Help More Borrowers Achieve Homeownership
Global analytics software leader, FICO, has announced that Atlantic Bay Mortgage Group is the latest to adopt FICO ® Score 10 T, FICO’s newest, most powerful and predictive score, for its mortgages not sold to Fannie Mae or Freddie Mac. Informative Research will supply Atlantic Bay Mortgage Group with the new credit score.
Fair Isaac Corporation Announces Date for Reporting of Fourth Quarter Fiscal 2024 Financial Results
Global analytics software leader, FICO, will announce its fourth quarter fiscal 2024 results on November 6, 2024, after the market closes and will host a conference call on November 6th at 5:00 p.m. Eastern time (4:00 p.m. Central/ 2:00 p.m. Pacific).
FICO Partners with TCS to Deliver Businesses Major Efficiency Gains through Analytics and Decisioning
Global analytics software leader FICO has announced a strategic partnership with Tata Consultancy Services (TCS), a global IT services, consulting and business solutions organization, to bring advanced optimization and decision management solutions to businesses in a range of industries worldwide. TCS will use FICO® Platform, a low-code/no-code solution for analytics-powered decision automation and mathematical optimization, to create industry-specific solutions powered by real-time, fully interpretable analytics, machine learning and cutting-edge AI models. Both firms will support these offerings with expert professional services. TCS was recently recognized with the Global System Integrator Award from FICO.
FICO and U.S. Senator Mark Warner Continue Partnership to Support Financial Literacy for Virginia Residents
Global analytics software leader, FICO, and U.S. Senator Mark Warner’s office continue their partnership to host a series of Score A Better Future™ credit education workshops as part of the “Virginia Financial Empowerment Series” in Norfolk and Portsmouth, Virginia, on October 29 and October 30. The latest event series builds on the initial workshops held in March reinforcing the commitment of this partnership to further enhance financial literacy throughout Virginia, underscoring the importance of financial education in the community.
FICO Joins the Asian Community Development Council at the Las Vegas Asian Night Market to Equip the Community with Financial Literacy and Credit Resources
Global analytics software leader, FICO, will host a booth at the Las Vegas Asian Night Market, offering attendees resources, including educational brochures and information about financial literacy, credit, and the importance of credit health. The 5th annual Asian Night Market will take place on October 19th from 5PM - 11PM at the College of Southern NV, Charleston Campus to serve local businesses, create a space of community, and display the rich tapestry of Asian American, Native Hawaiian, and Pacific Islander (AANHPI) culture for everyone to enjoy.
Average U.S. FICO Score Holds at 717 Despite Economic Uncertainty
New analysis from global analytics software leader, FICO (
NYSEFICO), shows that the national average U.S. FICO® Score currently sits at 717. This is one point lower than a year ago and the same as when FICO last reported on it earlier this year.
FICO and Richard Childress Racing Driver Kyle Busch to Promote Financial Literacy at Busch’s Alma Mater, Durango High School
Global analytics software leader FICO will host a full day of Score A Better Future™ (SABF) Fundamentals free credit education workshops for students at Durango High School in Las Vegas, Nevada on October 18. Richard Childress Racing’s No. 8 FICO Chevrolet driver and two-time NASCAR Champion, Kyle Busch, will visit his alma mater and participate in a SABF Fundamentals workshop, helping to inspire students to learn more about finances, credit, and FICO® Scores. The free educational information provided at the event will help empower students with the knowledge, tools, and resources to gain a deeper understanding of personal finance and how to work toward financial independence.
