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June 29, 2020
SAN JOSE, Calif. – June 29, 2020 —
Silicon Valley analytic software firm FICO has been awarded 13 new patents related to fraud, artificial intelligence (AI) and decision management. In total, FICO currently holds 198 US and foreign patents and 103 pending patent applications.
Five of the patents are for ground-breaking analytic technology used by FICO’s industry-leading FICO® Falcon® Platform for fraud management:
FICO inventors also received patents related to analytics and decision management:
“We are innovators pushing the envelope of analytics,” said Scott Zoldi, chief analytics officer, FICO. “Being at the forefront of AI and intelligent decision automation is not only the key to our success but that of our customers.”
“Our products and services make the day-to-day working lives and decision making in global banks, airlines, telecoms and energy providers simpler, easier and more profitable,” added Nikhil Behl, chief marketing officer at FICO.
FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956 and based in Silicon Valley, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 195 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 100 countries do everything from protecting 2.6 billion payment cards from fraud, to helping people get credit, to ensuring that millions of airplanes and rental cars are in the right place at the right time.
Learn more at https://www.fico.com
FICO, Falcon and Siron are trademarks or registered trademarks of Fair Isaac Corporation in the U.S. and other countries.
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