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SAN JOSE, Calif., April 3, 2020 /PRNewswire/ -- As financial services providers worldwide come under unprecedented pressure from the coronavirus pandemic, analytics software firm FICO has launched a global virtual event aimed at helping leaders manage operations, customers and n...
Introduction This article is a follow-up to a series of articles I recently wrote about how to avoid losses and profit from sentiment cycles. If you are already familiar with the strategy, feel free to skip down the "Opportunity Risk/Reward" section and read from there. If you are new to the...
LONDON , April 2, 2020 /PRNewswire/ -- Responding to the sharp increase in consumer requests for payment holidays related to the COVID-19 pandemic, global analytics software firm FICO has created a set of digital scenarios that can help lenders, telecommunications providers and other...
BEIJING , March 26, 2020 /PRNewswire/ -- Highlights: Home Credit has cut credit risk on point-of-sale (POS) loans by 25 percent and online loans by 15 percent, without reducing lending volume. By incorporating the FICO ® Score X Data, Home Credit can underwrite objectivel...
Times are tough, but tough times bring about excellent buying opportunities for those with cash on the sidelines. As others are beginning to get fearful, there may be investment opportunities on the horizon for all. In my upcoming series of articles, I hope to uncover some of these opportuniti...
JOHANNESBURG , March 17, 2020 /PRNewswire/ -- Highlights: SA Taxi changed its lending from manual to cloud-based automated decision making, increasing loan volumes by 25 percent. SA Taxi now processes 100 percent of applications in just ten minutes from submission, do...
SAN JOSE, Calif. , March 15, 2020 /PRNewswire/ -- On Friday, March 13, 2020 , FICO was notified that the U.S. Department of Justice, Antitrust Division, opened a civil investigation into potential exclusionary conduct by FICO. FICO intends to fully cooperate with the Departmen...
The stock market suffered its worst one-day loss since 1987 on Thursday, March 12. Both the Dow Jones Industrial Average and S&P 500 benchmark indexes fell by nearly 10%. The financial sector has been one of the worst-performing parts of the stock market in the downturn, and this isn't ...
MIAMI , March 11, 2020 /PRNewswire/ -- Highlights: Banreservas has standardized credit assessment using analytics and decision management technology, allowing it to automate 80 percent of loan applications. Banreservas has increased the number of applicatio...
The stock market had its worst day since 2008 on Monday, with the Dow Jones Industrial Average and S&P 500 index both down by more than 7%. The financial sector was one of the hardest-hit parts of the market, and financial-services company Fair Issac (NYSE: FICO) was no exception. Th...
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In a digital-first world, identity verification must not hinder new business (NYSE: FICO) This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240731171307/en/ 1 in 3 Thais have abandoned opening a personal bank...
Revenue of $448 million vs. $399 million in prior year FICO (NYSE:FICO), a leading predictive analytics and decision management software company, today announced results for its third fiscal quarter ended June 30, 2024. Third Quarter Fiscal 2024 GAAP Results Net income for t...
FICO obtained Cloud Security Alliance (CSA) Security, Trust & Assurance Registry (STAR) Level 1 and Level 2 certifications, demonstrating its commitment to security and transparency Global analytics software leader FICO today announced that it has achieved Cloud Security Allianc...