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SAN JOSE, Calif.  — 23 June, 2016

HIGHLIGHTS:

  • Online payment services are the most popular alternative to traditional banking, with 19 percent of consumers currently using them and 24 percent indicating interest in using them in the next year
  • Customers who borrowed money from peer-to-peer or marketplace lenders remained flat at 1 percent year-over-year, with no signs of growth

For more information: http://subscribe.fico.com/alternative_lending_revolution

FICO’s latest consumer finance trend research has revealed that a growing number of US consumers are making transfers and payments over the internet and via mobile apps.

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SAN JOSE, Calif. — June 14, 2016

  • FICO has acquired QuadMetrics, a firm that uses predictive analytics to rate the security of an organization
  • QuadMetrics’ products will complement FICO® Falcon® Cybersecurity Analytics threat detection solution
  • Terms of the sale have not been disclosed

Analytic software firm FICO announced today that it is developing a FICO® Enterprise Security Score, which will rank an organization’s level of cybersecurity risk. To further this effort, FICO has acquired QuadMetrics, an innovative cyber risk security scoring company from Ann Arbor, Michigan. QuadMetrics leverages predictive analytics to monitor signals from open source and proprietary data sources to provide an overall security score for an enterprise, helping security professionals address gaps and enabling partners and insurers to understand a firm’s security risk. The transaction has closed, and terms have not been disclosed.

More information: http://www.fico.com/en/products/fico-enterprise-security-scoring   

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San Jose, CA — June 13, 2016

Highlights:

  • FICO Academic Engagement Program gives university students hands-on experience using analytic software
  • Program’s focus is on developing business recommendations guided by analytics
  • University faculty can apply online

Analytic software firm FICO today announced the FICO® Academic Engagement Program, which helps undergraduate and graduate business students at participating universities gain hands-on experience in solving real-world business challenges with state-of-the-art analytical software. Business course professors can supplement coursework with projects whereby students define and solve problems using analytic tools and then develop business-focused presentations on their results.

More information: http://www.fico.com/academic-program

 

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