Fair Isaac Corp - FICO STOCK NEWS

FICO reported strong financial results for Q2 fiscal 2025, with revenues reaching $498.7 million, marking a 15% increase from $433.8 million in the prior year. The company's earnings per share rose to $6.59, up from $5.16 year-over-year.

Key performance highlights:

• Scores revenue grew 25% to $297.0 million, with B2B revenue up 31% and B2C revenue up 6%
• Software revenue increased 2% to $201.7 million
• Software Annual Recurring Revenue showed 17% platform growth

The company maintained its fiscal 2025 guidance, projecting:

• Total revenue of $1.98 billion
• GAAP EPS of $25.05
• Non-GAAP EPS of $28.58

iA Financial Group, a leading Canadian insurance provider managing $260 billion in assets, has implemented FICO® Platform to enhance its insurance underwriting capabilities. The company aims to increase its automation rate from current 50% to 80% by 2030, strengthening its position in Canada's individual life insurance market.

The implementation enables real-time underwriting decisions, faster policy approvals, and improved advisor workflows. iA Financial Group serves over five million clients and has won the 2025 FICO® Decision Industry Vanguard Award for its achievements. The platform provides deeper insights into policy submissions, optimizes application processes, and improves policy conversion rates while maintaining regulatory compliance.

FICO and dacadoo have announced a strategic partnership to revolutionize life insurance risk assessment through AI-powered solutions. The collaboration integrates FICO's advanced AI, analytics, and decision management capabilities with dacadoo's health risk quantification engine.

The partnership aims to transform traditional static underwriting to a dynamic, behavior-based approach, enabling insurers to create more precise and personalized risk assessments. Key benefits include hyper-personalized risk scoring, behavioral engagement models, real-time decisioning, and predictive modeling.

The companies project that insurers implementing their combined solutions could achieve:

• 20-30% increase in customer lifetime value through personalization
• 30-50% reduction in underwriting time via automated decisioning
• Enhanced customer loyalty and improved risk management

Lloyds Banking Group (LBG) has successfully transformed its lending operations using FICO® Platform, enabling over £7 billion in annual loans. The cloud-based transformation has delivered significant improvements, including a 2.5% credit card approval uplift and doubled new-to-bank consumer loan approvals.

The implementation resolved over 50 system limitations in LBG's aging lending infrastructure, which previously struggled with fragmented systems and digital channel inconsistencies. The new platform enables real-time data ingestion and advanced analytics, delivering faster and smarter lending decisions across products.

Key achievements include launching a new cloud-based application viewer for underwriters and completing significant bureau data upgrades in weeks instead of months. LBG, serving one in two UK households, can now share logic across portfolios and maintain a more consistent customer experience while accelerating change implementation.

FICO (Fair Isaac ), a global analytics software leader, has scheduled the release of its second quarter fiscal 2025 financial results. The announcement will take place on April 29, 2025, after market close. The company will host a conference call on the same day at 5:00 p.m. Eastern time (4:00 p.m. Central/ 2:00 p.m. Pacific). Investors can access the webcast through FICO's website at www.fico.com/investors, with a replay available until April 29, 2026.

FICO (NYSE: FICO) reports that the national average FICO® Score has decreased to 715, marking a one-point decline from January 2025 and a two-point drop from April 2024. The decline is primarily attributed to the resumption of federal student loan delinquency reporting.

Key impacts include:

• Over 8 million borrowers affected by new student loan delinquencies
• 90+ day delinquencies increased to 8.3% in February from 7.4% in January, exceeding pre-pandemic levels of 8.1%
• Credit utilization showed improvement due to seasonal reductions in credit card balances post-holiday spending

FICO Scores, which power lending decisions for 90% of top U.S. lenders, reflect these changes through data reported by the three main credit bureaus.

FICO (NYSE: FICO) has announced its upcoming FICO World 2025 conference, scheduled for May 6-9 in Hollywood, Florida. The event will feature speakers from over 50 companies, including prominent financial institutions like Ally, Capital One, Citi, and Credit Suisse.

The conference expects to attract more than 1,500 business leaders from 60+ countries, focusing on AI and applied intelligence in business transformation. Keynote speakers include Nate Silver, known for political polling models, and Jordan Ellenberg, New York Times bestselling author.

The four-day forum will offer four tracks: Igniting Innovation, Fueling Customer Obsession, Unleashing Technology, and Empowering People. The event includes pre-conference activities like user groups and a FICO® Developers Forum for data science and AI professionals. Major sponsors include AWS, Sentilink, Fiserv, and Teradata.

HSBC UK and FICO have been awarded the FStech Award for Best Use of Data Analytics for implementing AI-powered optimization tools in credit line decisions. The collaboration enabled HSBC UK to provide more tailored credit offerings to customers while maintaining credit loss levels.

Using FICO Decision Optimiser, part of FICO Platform, HSBC UK developed eight action-effect models to forecast the impact of credit line increases on expected spend, balance build, revenue, and loss. The implementation allowed the bank to better align customer needs with growth plans and responsible lending criteria.

The solution enables processing of millions of variables, helping business users optimize complex decisions with competing objectives in minutes. The project demonstrates FICO's capability to enhance business outcomes through sophisticated decision strategies.

FICO's 2024 Scams Impact Survey reveals significant challenges for Indonesian banks as one-third of consumers hold banks accountable for scam-related losses. The survey shows that 34% of consumers blame either the sending bank (15%) or receiving bank (19%) for scam incidents.

Key findings include:

• 69% of consumers would file formal complaints if unsatisfied with their bank's scam response
• 12% would switch banks, while 8% would escalate to regulators
• 66% of consumers received suspicious messages in 2024, up 2% from 2023
• 57% reported friends or family being scammed, an 8% increase from previous year

Notably, while 59% of Indonesians believe banks should 'never' or 'only rarely' refund scam victims, 69% would view their bank positively for proactively blocking suspicious payments. The survey, conducted across 14 countries with 1,001 Indonesian respondents, highlights the growing importance of proactive fraud prevention in maintaining customer trust and loyalty.