FICO Newsroom

Thought leadership and best practices in Big Data Analytics.

Get the latest competitive insights across industries and FICO solutions

Millions more consumers now able to access genuine FICO® Scores for free, engendering loyalty through greater transparency and consumer empowerment

SAN JOSE, Calif. — March 30, 2015 — FICO (NYSE:FICO), the predictive analytics and decision management software company, today announced JPMorgan Chase is offering FICO® Scores to its Chase Slate customers for free through the FICO® Score Open Access program. FICO® Scores will be available to all new Chase Slate Customers. Existing Chase Slate customers will gain online access to their FICO® Scores over the course of 2015 as part of a rollout starting in April.

"FICO® Score Open Access is ramping up quickly and we’re well on the way to our goal of giving all Americans their FICO® Scores for free," said Jim Wehmann, FICO’s executive vice president for Scores. "Our program enables forward-looking lenders like Chase to provide an extremely valuable and popular benefit to their customers. In fact, many people are coming to expect access to their FICO® Scores. Chase’s participation in the program reflects its commitment to consumer financial education and empowerment."

Read More

LONDON — March 26, 2015 — New data from FICO (NYSE:FICO), the predictive analytics and decision management software company, showed that late credit card payments have continued to decline in the UK, reaching the lowest point in more than two years. FICO’s analysis of around 80 percent of all credit cards issued in the UK showed a continued decline in the percentage of accounts that are delinquent, matched by a decline in the balances that are delinquent.

Read More

FICO survey indicates rising consumer credit market is driving need for efficient collection strategies in the ANZ region

SYDNEY, Australia — March 19, 2015 — FICO (NYSE:FICO), the predictive analytics and decision management software company, today announced the results of a survey showing that collections managers at banks, utilities and telcos in Australia and New Zealand (ANZ) foresee a substantial increase in the number of collections cases for the coming year. 

This new data comes on the back of Australia’s rising consumer credit, which is estimated by Barclays to have hit 130 per cent of GDP, compared with an average across the advanced world of 78 per cent. According to 2012 figures, New Zealand's household debt-to-GDP ratio was slightly above Australia's and the fourth highest in the developed world.

Read More

Want to take your business to new heights?

Request more information. Enter your information and we will respond directly to you.