SAN JOSE, CALIFORNIA – October 20, 2016 - FICO (NYSE:FICO), a leading predictive analytics and decision management software company, will announce its fourth quarter fiscal 2016 results on November 7, 2016, after the market closes and will host a conference call on November 7 at 5:00 p.m. Eastern Time (4:00 p.m. Central/ 2:00 p.m. Pacific).
This call will be webcast and can be accessed at FICO’s website at www.fico.com/investors. A replay of the webcast will be available through November 7, 2017 and can be accessed at our Past Events page.
The webcast will also be distributed through the Thomson StreetEvents Network to both institutional and individual investors. The webcast can be accessed via Thomson’s password-protected event management site, StreetEvents (www.streetevents.com).
SAN JOSE, Calif. — October 19, 2016
New research by analytic software firm FICO reveals that that mortgage delinquency rates rise for US consumers beyond a certain age. FICO data scientist Scott Shulz, who discussed his team’s research on the FICO Blog, points out that while older people have higher credit scores in general than young people, both mortgage and auto delinquencies are rising for many older Americans. The FICO® Score does not consider age in its score calculation.
FICO’s chart shows the serious delinquency rate (90+ days past due) by age over the prior two years for various credit products. The analysis is limited to consumers with activity during the period. 90+ delinquency rates for mortgages and other closed-end loans reach their lowest points for consumers in their late 60s or early 70s, before rising again. Conversely, delinquency rates for revolving trade lines (which include credit cards) decrease throughout consumers’ lives.
- eDriving(SM) and FICO partner to launch a groundbreaking safe driving score
- Just as the FICO® Score is the standard measure of consumer credit risk, used by all players in the credit ecosystem, the FICO® Safe Driving Score will provide a measure that facilitates consistency and fairness in driver safety assessment
- The score will be made available initially through eDriving’s Mentor℠ smartphone telematics solution
- The Mentor offering and FICO Safe Driving Score will roll out first to the fleet driving market and teen/novice drivers safety and education before mainstream rollout
- eDriving and FICO are recruiting members for an industry advisory board to facilitate turning the FICO Safe Driving Score into a powerful, ubiquitous industry score
Oakland and San Jose, Calif. — October 12, 2016 — eDriving, the largest provider of online driver training and global driver risk management solutions, announced it has partnered with leading analytics software firm FICO to launch new scoring algorithms to capture driving behavior and develop a transformational risk predictor — the FICO® Safe Driving Score. Just as the FICO® Score is the standard measure of consumer credit risk, used by all players in the credit ecosystem, the FICO Safe Driving Score will provide a measure that facilitates consistency and fairness in driver safety assessment.