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Fair Isaac Corporation (FICO) delivers essential analytics solutions powering credit scoring and risk management worldwide. This dedicated news hub provides investors and professionals with timely updates on FICO’s strategic initiatives, financial performance, and industry leadership.
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FICO (NYSE:FICO) will host a free online financial education event on October 8, 2020, aimed at enhancing the financial literacy of New Orleans residents. The session, part of FICO's Score A Better Future initiative, will feature Marc Morial, CEO of the National Urban League. Participants will learn about the FICO Score, crucial for lending decisions, and access free one-on-one credit coaching provided by Operation HOPE. This initiative emphasizes the company's commitment to community empowerment and financial health.
FICO announces the opening of entries for the 2021 FICO Decisions Awards, due by December 4, 2020. The awards recognize companies excelling in analytics and decision management across eight categories, including AI and Machine Learning and Fraud & Security. Winners will be revealed on January 22, 2021, and will be celebrated at FICO World in November 2021. The judging panel consists of industry experts evaluating nominations for measurable improvements and innovative technology usage, showcasing successful implementations with FICO solutions.
FICO has been recognized as a category leader in the Chartis Research report on Cyber Risk Quantification Solutions for the second consecutive year. The FICO® Cyber Risk Score is distinctive as a predictive assessment tool, utilizing AI and machine learning to evaluate billions of cyber risk indicators. This score aids organizations in managing and mitigating cyber risks from various partners. FICO scored highly on Chartis's RiskTech Quadrant in both 'completeness of offering' and 'market potential', reflecting its strong vendor capabilities in the cybersecurity landscape.
FICO has announced a partnership with Duck Creek Technologies to integrate the FICO® Cyber Risk Score into the Duck Creek platform. This collaboration aims to enhance policy quoting and underwriting workflows for property and casualty insurers. The FICO Cyber Risk Score leverages comprehensive cybersecurity data to provide an empirical risk assessment, benefiting insurers in their risk selection and pricing processes. This integration is anticipated to streamline underwriting efforts and allow for faster, data-driven decisions.
FICO (NYSE:FICO), a leader in predictive analytics, announced that CEO Will Lansing will present virtually at the Barclays Global Financial Services Conference on September 15, 2020, at 11:15 AM EDT. The presentation will be streamed on FICO's website and available until September 15, 2021. Founded in 1956, FICO holds over 170 patents and serves businesses globally, improving decisions in sectors like finance and healthcare.
FICO has appointed Stephanie Covert as executive vice president of Sales and Marketing, effective October 1, 2020, replacing Wayne Huyard, who will transition to a part-time advisory role. Covert, who joined FICO in 2014, aims to drive global sales momentum amid increasing demand for FICO’s analytics solutions. Additionally, Tab Bowers has been appointed executive vice president of Corporate Strategy, focusing on evolving the company's business strategy. Both new leaders are expected to enhance FICO's market presence and improve customer relationships.
FICO (NYSE: FICO) is hosting a free online financial education event for Baltimore residents on August 27, 2020, aimed at enhancing financial literacy. Senator Chris Van Hollen will deliver opening remarks. This initiative is part of FICO's "Score A Better Future" program, which focuses on educating consumers about credit scores, particularly the FICO Score used in over 90% of lending decisions. FICO has teamed up with Operation HOPE for individual credit coaching. Registration details can be found at the official program website.
FICO and Whistic have entered a partnership to enhance vendor risk management. This collaboration combines the predictive capabilities of the FICO Cyber Risk Score with Whistic's proactive platform, allowing organizations to better assess vendor risks. The FICO Cyber Risk Score analyzes various cybersecurity data signals to provide insights into risk profiles, helping companies make informed decisions and improve efficiency in vendor management.
Both companies aim to transform how organizations evaluate and manage vendor security, benefiting current and prospective clients.
FICO (NYSE: FICO) will host a free virtual financial education event in Atlanta on August 13, 2020. This initiative is part of FICO's 'Score A Better Future' program aimed at enhancing consumer understanding of financial health and credit scores. Attendees will benefit from expert insights on FICO Scores, which influence over 90% of lending decisions. FICO has partnered with Operation HOPE for free one-on-one credit coaching sessions. The event, prompted by high community interest in a previous in-person event, reflects FICO's commitment to empowering consumers during the pandemic.