Fair Isaac

Fair Isaac Corp. engages in the provision of decision management solutions. It operates through the following segments: Applications, Scores, and Decision Management Software. The Applications segment includes decision management applications designed for a type of business problem or process such as marketing, account origination, customer management, fraud, collections, and insurance claims management. The Scores segment consists of business-to-business scoring solutions and services, business-to-consumer scoring solutions and services including myFICO solutions for consumers and associated professional services. The Decision Management Software segment comprises the analytic and decision management software tools, FICO decision management suite, and associated professional services. The company was founded by Bill Fair and Earl Isaac in 1956 and is headquartered in San Jose, CA.

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Fair Isaac (FICO) reports robust Q1 performance and eyes software-driven growth

Fair Isaac's Q1 2023 performance reflects a positive growth trajectory, with strong revenue and income increases, particularly in the Scores and Software segments.
While challenges like declining B2C revenues and high debt levels exist, the company's focus on managing expenses and enhancing shareholder value positions it well for future growth.
Opportunities lie in leveraging software growth, expanding platform usage, and making strategic investments to drive further revenue growth and customer satisfaction.

Fair Isaac (FICO) reports record Q2 revenue and raises full-year guidance

Fair Isaac (FICO) delivered robust Q2 results with record revenue and raised full-year guidance, driven by strong performance in scores and software segments.
The company showcased impressive customer retention rates, increased ACV bookings, and highlighted the rapid ROI on its software offerings.
While facing challenges in a competitive landscape, Fair Isaac has opportunities to leverage its platform demand, expand market presence, and drive sustainable growth.

Fair Isaac (FICO) reports record revenues and strong growth in Q3 2023

Fair Isaac (FICO) delivered a strong performance in Q3 2023, achieving record revenues and demonstrating robust growth across key segments. The company's strategic focus on customer retention and product innovation has yielded positive results.
Despite challenges in converting free users to paid subscribers, Fair Isaac's myFICO business remains resilient, supported by effective pricing strategies and strong demand for its platform. The raised revenue guidance underscores management's confidence in future growth.
Opportunities lie in expanding customer base, driving brand engagement through partnerships, and further monetizing services. Fair Isaac's emphasis on value addition and market penetration positions it well for sustained success in the financial services industry.

Fair Isaac (FICO) surpasses Q4 expectations, eyes growth in 2024

Fair Isaac (FICO) delivered a strong performance in Q4 2023, exceeding revenue and earnings expectations. While facing challenges such as increased expenses and declining B2C revenues, the company showcased strengths in free cash flow generation and revenue growth in key segments. With a focus on efficiencies and strategic initiatives, FICO is well-positioned to capitalize on opportunities for growth in the upcoming fiscal year.

Fair Isaac (FICO) reports strong Q1 earnings, eyes global expansion

Fair Isaac (FICO) delivered robust Q1 2024 results with revenue and net income growth across segments.
While facing challenges in revenue predictability and transition to recurring revenue models, FICO remains focused on innovation and expansion.
The company's performance in Scores and Software segments, along with a new repurchase authorization, signals confidence in future prospects.
Navigating through revenue fluctuations and seizing opportunities in new markets and product offerings will be key for sustained growth.

Fair Isaac (FICO) reports strong Q2 earnings and raises full-year guidance

Fair Isaac (FICO) delivered robust financial results in Q2 2024, driven by revenue growth and increased net income.
While facing challenges in certain segments, the company's focus on innovation and strategic positioning bode well for future success.
With raised full-year guidance and a strong product portfolio, Fair Isaac is poised for continued growth and market leadership.

Fair Isaac (FICO) reports strong Q3 earnings and software growth

Fair Isaac (FICO) delivered robust financial results in Q3 2024, with strong revenue growth, increased net income, and record free cash flow.
The company's software segment showed resilience and growth, supported by a focus on SaaS software and expanding platform ARR.
While facing challenges in a competitive market, FICO remains optimistic about sustained growth, emphasizing customer engagement and strategic partnerships.

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Fair Isaac Corp. engages in the provision of decision management solutions. It operates through the Software and Scores segments. The Software segment includes pre-configured analytic and decision management solutions designed for a specific type of business need or process. The Scores segment focuses on business-to-business scoring solutions and services, business-to-consumer scoring solutions and services including myFICO solutions for consumers and associated professional services. The company was founded by Bill Fair and Earl Isaac in 1956 and is headquartered in San Jose, CA.

SAN JOSE, Calif., Aug. 3, 2021 /PRNewswire/ -- FICO (NYSE:FICO), a leading predictive analytics and decision management software company, today announced results for its third fiscal quarter ended June 30, 2021.

FICO Announces Earnings of $5.18 per Share for Third Quarter Fiscal 2021

Fair Isaac (FICO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Can Fair Isaac (FICO) Keep the Earnings Surprise Streak Alive?

DETROIT, July 26, 2021 /PRNewswire/ -- Leading analytics software firm FICO (NYSE:FICO), will host a free online financial education event with national and local nonprofit partners for Detroit-area consumers on July 28. The virtual event will provide attendees with the knowledge and tools to help them better understand their financial health.

FICO to Host Free Online Financial Education Event for Detroit Consumers

LONDON, July 26, 2021 /PRNewswire/ -- Global analytics software provider FICO today released its analysis of UK card trends for May 2021, which suggests that some consumers are practicing pragmatic financial management, as well as continuing to make use of savings accrued during the pandemic. There are, however, warning signs of the financial pressure growing for those already in debt.

FICO UK Credit Market Report May 2021: Markedly Lower Year-On-Year Increase in Credit Card Spend Suggests Consumers Are Adjusting to 'New Normal'

SAN JOSE, Calif., July 23, 2021 /PRNewswire/ -- FICO (NYSE:FICO), a leading predictive analytics and decision management software company, will announce its third quarter fiscal 2021 results on August 3, 2021, after the market closes and will host a conference call on August 3 rd at 5:00 p.m.

Fair Isaac Corporation Announces Date for Reporting of Third Quarter Fiscal 2021 Financial Results

LONDON, July 22, 2021 /PRNewswire/ -- Global analytics leader FICO has, for a second consecutive year, seen members of its EMEA team recognised for outstanding efforts as finalists in the Women in Credit Awards sponsored by Credit Strategy. Michelle Beetar, Vice President and Managing Director for Africa at FICO has been shortlisted for Team Leader of the Year Cecilia Fernandez de Cordoba, Senior Director DevOps at FICO  in Germany has been shortlisted as Innovator of the Year More information: https://www.creditstrategy.co.uk/women-in-credit-awards/2021shorlist-wic Michelle Beetar  transitioned her sales team in the depths of a pandemic from a group of individual contributors to a strong team dynamic.

Innovation and Leadership Secure Two Finalist Places for FICO in Women in Credit Awards 2021

LONDON, July 19, 2021 /PRNewswire/ -- Ultimo SA, one of the largest debt management companies in Poland and a part of B2 Holdings, will use FICO collections treatment optimization to take the ideal treatment path for each borrower. Using advanced mathematical optimization from FICO, Ultimo will be able to identify the best, most sustainable collections strategy for each borrower, from among dozens or even hundreds of potential options.

Poland's Ultimo SA Uses FICO AI-Powered Optimization to Advance Ethical Debt Resolution

LONDON, July 14, 2021 /PRNewswire/ -- Highlights  FICO Platform operationalizes predictive models and scores to deliver fairest customer experience and help borrowers manage debt repayments Between 20,000 and 40,000 decisions rules implemented per country, starting with Germany and UK Hoist makes 1 million customer decisions a day using FICO® Platform Phase two will deliver a further €8.5m (£7.4m) in annual staff savings as lending book grows 40 percent Hoist Finance, the consumer debt purchaser working with banks and financial institutions across Europe, has accelerated its digital transformation using the FICO® Platform. By rolling out a centralized approach to managing decisions on customers, Hoist has improved the customer experience, streamlined operations and sped up the process of change.

Hoist Finance and FICO Win Award for Digital Collections Programme in Germany and UK

LONDON, June 28, 2021 /PRNewswire/ -- Slovenská sporiteľňa, the largest commercial bank in Slovakia, has chosen FICO® Decision Optimizer to increase profitability and improve portfolio management for its cash loan portfolio. Using FICO's advanced AI-powered optimization, the bank will develop data-driven lending strategies to systematically improve results.

Slovakia's Top Bank Slovenská Sporiteľňa to Sharpen Lending Strategies with FICO AI-Powered Optimization

SAN JOSE, Calif., June 21, 2021 /PRNewswire/ -- Highlights: Jay Sanne has joined FICO, a leading global analytics software company, as Vice President and  Head of Software Engineering.

FICO Names New Vice President and Head of Software Engineering

SAN JOSE, Calif. , June 21, 2021 /PRNewswire/ -- Leading analytics software firm FICO (NYSE:FICO), is proud to announce partnerships with preeminent small business organizations, Small Business Roundtable (SBR), National Association of Women Business Owners (NAWBO) and the United States Hispanic Chamber of Commerce (USHCC), for its Score A Better Future program to help empower entrepreneurs with essential credit knowledge.

FICO Partners with Leading National Small Business Organizations to Empower Entrepreneurs with Credit Education

SAN JOSE, Calif., June 18, 2021 /PRNewswire/ -- Highlights FICO is launching two new LinkedIn Live video series about operationalizing analytics and AI to meet common business challenges pressing organizations today "Coffee with Claus," hosted by FICO Executive Vice President and Chief Technology Officer Claus Moldt, will discuss AI-driven digital transformation such as analytics adoption and simulation in digital decisioning and how you operationalize decisioning within the enterprise FICO Chief Analytics Officer Scott Zoldi will host "Expect the Unexpected" which will feature conversations with other AI executive leaders, exploring ethics in AI and how to  implement responsible AI to keep key items such as diversity and regulation front-of-mind for executives  Global analytics software provider, FICO, today announced its upcoming executive LinkedIn Live video series, "Coffee with Claus" and "Expect the Unexpected.

FICO Launches Executive LinkedIn Live Video Series on Operationalizing Analytics and Artificial Intelligence

LONDON, June 16, 2021 /PRNewswire/ -- Analytics software firm FICO today announced that Switzerland's PostFinance will protect nearly 3 million debit cards with the FICO® Falcon® Platform, the world's leading AI-powered payments card protection system. PostFinance, the financial institution of Swiss Post and a systemically important bank, will use the Falcon Platform to manage suspicious behavior on customers' accounts, including activity that may be the result of scams, which are increasing across Europe during the pandemic.

Switzerland's PostFinance Selects FICO Falcon Platform to Protect Nearly 3 Million Debit Cards with AI

Fair Isaac (FICO) possesses solid growth attributes, which could help it handily outperform the market.

Looking for a Growth Stock? 3 Reasons Why Fair Isaac (FICO) is a Solid Choice

SAN JOSE, Calif., June 7, 2021 /PRNewswire/ -- FICO (NYSE: FICO), a leading predictive analytics and decision management software company, and Constellation Software Inc. ("Constellation") (TSX:  CSU) jointly announced today that they have completed the sale of FICO's Collection and Recovery business to Constellation's Jonas Software operating group, a leading provider of enterprise management software solutions.

Constellation Software Completes Agreement with Fair Isaac Corporation to Purchase Its Collection and Recovery Business

SAN JOSE, Calif., May 27, 2021 /PRNewswire/ -- Highlights: FICO announces the 2021 winners of the FICO® Decisions Awards.

Winners of 2021 FICO Decisions Awards Announced! Digital Transformation Yields Dividends in Challenging Year

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3 IT Services Stocks From a Challenging Industry to Buy

SAN JOSE, Calif., May 26, 2021 /PRNewswire/ -- Highlights FICO today announced the latest release of the FICO® Falcon® Fraud Manager model for Retail Banking.

Latest FICO Fraud Model Helps Identify 50% More Scam Transactions

SAN JOSE, Calif., May 25, 2021 /PRNewswire/ -- Highlights: FICO and Corinium today released its second annual executive research report on Chief Analytics, Chief AI, and Chief Data Officers 65% of respondents' companies can't explain how specific AI model decisions or predictions are made 73% have struggled to get executive support for prioritizing AI ethics and responsible AI practices Only a fifth (20%) actively monitor their models in production for fairness and ethics Today, FICO, a global analytics software firm, released its State of Responsible AI from market intelligence firm Corinium which found that despite the increased demand and use of AI tools, almost two-thirds (65%) of respondents' companies can't explain how specific AI model decisions or predictions are made.

New Report from Corinium and FICO Finds that Lack of Urgency Around Responsible AI Use is Putting Most Companies at Risk

SAN JOSE, Calif., May 20, 2021 /PRNewswire/ -- Highlights: Ben Nelson  has joined FICO, a leading global analytics software company, as CISO.

FICO Names New Chief Information Security Officer

SAN JOSE, Calif., May 19, 2021 /PRNewswire/ -- HIGHLIGHTS – A commissioned study conducted by Forrester Consulting on behalf of FICO found that FICO® Decision Modeler demonstrated benefits of a 356 percent return-on-investment over three years.

Total Economic Impact™ Study Finds FICO Decision Modeler Delivers 356% ROI over Three Years

NEWARK, N.J., May 13, 2021 /PRNewswire/ -- Leading analytics software firm FICO (NYSE:FICO), will host a free online financial education event with national and local nonprofit partners for Newark-area consumers on May 20.

FICO Hosts Free Virtual Financial Education Event for New Jersey Consumers

LONDON, May 11, 2021 /PRNewswire/ -- Highlights: AMAG Leasing AG improves staff productivity by 50 percent by automating credit granting decisions. Complex changes to business rules take days rather than two months.

AMAG Leasing AG Accelerates Car Leasing with Cloud-Hosted FICO Decisioning Platform

MIAMI, May 11, 2021 /PRNewswire/ -- Highlights: Grupo Monge has expanded credit approvals by 10 percent, reduced expenses by 25 percent. Grupo Monge scales lending with flexible, efficient and decentralized risk decision-making technologies.

Grupo Monge Grows Credit Approvals 10% Using FICO Analytic Decisioning to Extend Loans to Underserved Consumers

Fair Isaac Corporation's (FICO) CEO Will Lansing on Q2 2021 Results - Earnings Call Transcript

News for Fair Isaac Stock (FICO)