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MOSCOW — August 23, 2016

Top Results:

  • The FICO® Credit Health Index for Russia has held steady since summer 2015, following a seven-year decline
  • 16 percent of Russian credit accounts are delinquent, more than twice as many as in January 2012
  • The FICO Credit Health Index measures the percentage of delinquent consumer loans and credit cards reported to NBKI, Russia’s largest credit bureau        

The bad rate of Russian consumer loans has held steady for a year, following a seven-year decline, according to July data from analytic software company FICO and National Bureau of Credit Histories (NBKI), Russia’s leading credit bureau. The FICO® Credit Health Index stood at 90, and has remained within a point or two since July 2015. 

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SAN JOSE, Calif.  — 11 August, 2016

HIGHLIGHTS:

  • In FICO survey, Millennials say fees (low balance, ATM, etc.) are the top reason Millennials switch banks
  • 16 percent of 25-34 year-olds are considering opening a banking account (savings, checking) with an online-only bank in the next year
  • National banks lead market share of customers 25–34 years-old, at nearly 68 percent

Download the ebook, "The Digital Generation: How technology is transforming the way consumers bank" to learn more.

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SAN JOSE, Calif. — August 8, 2016

Four analytic technologies recently patented by analytic software firm FICO are being incorporated into solutions for cyber security, the Internet of Things (IoT), model governance, and optimization.

“Patents are the currency of innovation, in software or any other technology sector,” said Scott Zoldi, Chief Analytics Officer at FICO, posted on the FICO Blog. “These technologies have made the jump from FICO’s research labs to our solutions, where they will help our customers solve some of the most challenging and strategic problems.”

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