FICO Newsroom

Thought leadership and best practices in Big Data Analytics.

Get the latest competitive insights across industries and FICO solutions

SAN JOSE, Calif. — March 22, 2017

  • New Forrester Wave™ shows, “enterprises that can make probabilistic predictions about customers, business processes, and operations will have an edge over enterprises that can’t.”
  • Wave highlights “hot” Predictive Analytics and Machine Learning Solutions market, forecasting “a 15% compound annual growth rate (CAGR) for the PAML market through 2021.”
  • FICO selected as a leader and is cited for its “extensive real-world experience” and its delivery of the “end-to-end-capabilities needed to create, deploy and monitor models for use in complex, consequential enterprise decisions.”

Silicon Valley analytics software firm FICO (NYSE: FICO) was named as a leader in the March 2017 report, The Forrester Wave™: Predictive Analytics and Machine Learning Solutions, Q1 2017. The report explains, “FICO’s Decision Management Suite encompasses the end-to-end capabilities needed to create, deploy and monitor models for use in complex, consequential enterprise decisions.”

Forrester also noted, FICO’s “software division is strong, with an impressive customer base across multiple industries.”

“We believe our position in the Forrester Wave is a great achievement and a testament to the strength of our products and savvy customers,” said Bill Waid, vice president and general manager, FICO Decision Management Solutions. “Our team is passionately committed to delivering the best in predictive and prescriptive analytics that our customers need to drive digital transformation and gain competitive advantage.”

Download a free, full copy of the Forrester Wave: Predictive Analytics and Machine Learning Solutions.

Read More

STOCKHOLM — March 20, 2017

Highlights:

  • EnterCard will deploy the FICO® Falcon® Platform across its operations in Sweden, Norway and Denmark
  • The FICO solution will be used to protect all their cards and communicate with over 1.7 million customers
  • Globally, FICO Falcon Fraud Manager protects 2.6 billion payment cards from fraud

EnterCard, one of the leading Scandinavian finance companies, will use the FICO® Falcon® Platform to combat card fraud and communicate with its 1.7 million customers. The company, a joint venture between Swedbank and Barclays Bank, is upgrading to a cloud-based version of the Falcon solution to decrease fraud losses, enhance the customer experience and gain better control of the customer relationship. EnterCard will use the solution to protect customers in Sweden, Norway and Denmark from fraud.

More information: http://www.fico.com/en/fraud-security/enterprise-fraud-and-security-solutions#overview

Read More

SAN JOSE, CA — March 8, 2017

HIGHLIGHTS:

  • FICO experts predict a wide range of challenges in fraud, cybersecurity and money laundering in 2017
  • The 17 predictions include IoT threats, cybersecurity transparency, EMV confusion, hacked biometrics and illegal migration rings
  • FICO is a leader in financial crime solutions

If the world seemed dangerous from a financial crime perspective last year, experts at Silicon Valley analytics firm FICO predict an even more challenging 2017. In a new paper, four of the leaders in the company’s fraud and financial crime group laid out 17 predictions, ranging from killer devices in the home to hacked fingerprints.

More information: http://www.fico.com/en/17-financial-crime-predictions-for-2017

Read More

Want to take your business to new heights?

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