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News Releases for

SAN JOSE, Calif. – June 12, 2018

Highlights:

  • FICO has been awarded seven new patents for fraud detection, AI and analytics
  • Three of the patents granted are related to the FICO® Falcon® Platform, the world’s leading payment fraud system
  • FICO continues to drive innovation across its solutions; it currently holds 188 US and foreign patents

Silicon Valley analytic software firm FICO has been awarded seven new patents related to fraud, artificial intelligence (AI) and advanced analytics. In total, FICO currently holds 188 US and foreign patents, and has 89 pending patent applications.

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Advanced analytics in FICO® Falcon® Assurance Manager monitor 100% of procurement and T&E expenses to eliminate maverick spend and support financial assurance

FICO World 2018, MIAMI BEACH, Florida — April 18, 2018

  • FICO® Falcon® Assurance Navigator is now available on AWS.
  • FICO® Falcon® Assurance Navigator applies advanced analytics to monitor the entire procure-to-pay lifecycle across procurement, T&E expenses, and purchasing/travel cards, as well as suspicious vendor behavior.

At its FICO® World 2018 conference in Miami Beach, analytics software firm FICO announced that the latest version of its solution for identify fraud, waste and abuse in procurement is now available on AWS. FICO® Falcon® Assurance Navigator applies advanced analytics to monitor the entire procure-to-pay lifecycle across procurement, T&E expenses, and purchasing/travel cards, as well as suspicious vendor behavior.

More information: http://www.fico.com/en/products/fico-falcon-assurance-navigator

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FICO offers safety tips for cardholders

SAN JOSE, Calif. — March 7, 2018

  • 10 percent more debit cards were compromised at U.S. ATMs and merchant card readers in 2017, according to new FICO data
  • Compromises of ATMs and merchant devices in the US rose 8 percent
  • Cardholders should employ common sense when using ATMs, and check their transactions frequently
  • FICO® Card Alert Service monitors hundreds of thousands of ATMs in the US

There was a 10 percent increase in the number of payment cards compromised at U.S. ATMs and merchants in 2017, Silicon Valley analytic software firm FICO reported today. The number of compromised card readers at U.S. ATMs, restaurants and merchants rose 8 percent in 2017.

More information: http://www.fico.com/en/products/fico-card-alert-service

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