Fair Isaac Corporation reports developments in credit scoring, applied analytics software and digital decisioning for lenders and other enterprises. The company is known for the FICO® Score, a consumer credit-risk measure used by top U.S. lenders and made available in other countries, and it generates news around modern score models such as FICO Score 10T, mortgage-risk analysis, and credit-card market data.
Recurring updates also cover the company's Scores and Software segments, including B2B and B2C scoring solutions, FICO Platform, Falcon Fraud Manager, Customer Communication Services, decision optimization, customer deployments, earnings releases, investor presentations and capital-market communications.
FICO (NYSE: FICO) named Tech Mahindra as one of the winners of its second annual Global System Integrator Partner Hackathon held at FICO’s Bengaluru campus. Participating partners built real-world financial solutions on FICO Platform, with one winning team chosen from each firm.
The Tech Mahindra team created a solution targeting India’s e-commerce Cash-on-Delivery returns, using over 70 risk signals to determine COD eligibility, incentives, delivery partner and routing. According to FICO, for one million monthly orders the model projected a 6–9% RTO reduction and about ₹1 crore in monthly loss reductions, and was showcased at FICO World 2026.
FICO (NYSE: FICO) reports that UK credit card trends in May 2026 followed typical post‑Easter patterns, with average spend falling 3.0% month-on-month to £790 and remaining virtually flat year-on-year. Average active balances dipped 0.3% to £1,945 but stayed 4.3% above May 2025.
The percentage of balance repaid rose 4.7% from April to 34.1%, though this was 4.1% lower than a year earlier. Delinquency indicators stayed elevated: accounts with one missed payment were 1.5% of the portfolio, two missed payments 0.3%, and three missed payments 0.3%, representing year-on-year increases of 3.4%, 9.4% and 17.1%, respectively. FICO notes that while average delinquent balances have risen, customers with three missed payments are carrying proportionally lower balances than in 2025, and urges lenders to step up monitoring and pre‑delinquency interventions as seasonal spending and fuel costs lift summer outlays.
FICO (NYSE: FICO) plans to release its third quarter fiscal 2026 financial results on July 29, 2026, after the market closes. The company will host a conference call the same day at 5:00 p.m. Eastern (4:00 p.m. Central / 2:00 p.m. Pacific), accessible via webcast on its investor relations website, with a replay available under Past Events through July 29, 2027.
FICO (NYSE:FICO) released findings from its 2026 Homeownership Survey, highlighting financial and knowledge barriers facing prospective U.S. homebuyers.
Among adults planning to buy within 12 months, 74% report being financially blocked, with high home prices and interest rates as top obstacles, and many expressing confusion about the homebuying process and credit impacts.
Verdata and FICO (NYSE:FICO) announced a strategic partnership making Verdata's small- and medium-sized business (SMB) data and risk insights available via FICO Marketplace on FICO Platform.
This integration lets financial institutions and fintechs embed Verdata’s 25M+ SMB data records into onboarding, underwriting, compliance, and portfolio monitoring workflows to reduce manual reviews and surface risk signals faster.
FICO (NYSE:FICO) announced that Fannie Mae and Freddie Mac have released expanded historical datasets for FICO Score 10T, covering loan-level performance from April 2013 through September 2025. These datasets allow lenders, investors, and housing finance stakeholders to evaluate Score 10T using real-world GSE loan performance data.
FICO Score 10T uses trended credit data and, when available, rental payment history to give lenders a broader view of consumer credit and housing payments over time. According to FICO, Score 10T is available at no cost alongside Classic FICO through the Free Access Program, which nearly 70 lenders have joined.
FICO (NYSE:FICO) released its UK Credit Card Market Report for April 2026, highlighting rising spend and weakening repayment behavior. Average spend rose 10% month-on-month to £815, while average balances matched the December 2025 record at £1,950, and missed payments and overlimit accounts increased.
FICO (NYSE:FICO) has expanded its financial literacy mission to the UK through a new partnership with Chelsea Foundation, building on its three-year relationship with Chelsea FC.
The initiative uses soccer-themed workshops to teach UK teens money management, credit, and personal finance skills for long-term financial wellbeing.
FICO (NYSE:FICO) announced that leading U.S. mortgage lender Rate has adopted FICO Score 10T in its credit evaluation process across products such as conventional, FHA, VA, jumbo, non-QM and HELOCs.
With Rate joining the FICO Score 10T Free Access Program, total participating lender volume reaches $538.72 billion in originations and a $1.668 trillion servicing portfolio. FICO Score 10T uses trended credit and rental data to give a more predictive view of borrower risk and, according to FICO, could enable up to 5% more loan approvals without added risk or up to 17% fewer delinquencies. More than 60 lenders have signed up, and FICO is offering Score 10T at no cost alongside Classic FICO for side-by-side testing.
FICO (NYSE:FICO) authorized a new $2.0 billion stock repurchase program, replacing its prior $1.5 billion authorization. The open-ended program permits open-market, negotiated, and accelerated share repurchases.
FICO also drew a new $1.5 billion term loan to fund an accelerated share repurchase with Wells Fargo, expected to complete by September 30, 2026.