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January 7, 2019
SAN JOSE, Calif. – January 7, 2019 — Silicon Valley analytic software firm FICO has been awarded five new patents related to fraud, artificial intelligence (AI) and advanced analytics. In total, FICO currently holds 192 US and foreign patents, and 93 pending patent applications.
Two of the patents are for groundbreaking analytic technology used by FICO’s industry-leading FICO® Falcon® Platform for fraud management:
FICO inventors also received three patents related to analytics and decision management:
“This is an exciting time for analytics and decision management, and FICO’s inventions are propelling change in this field,” said Dr. Stuart Wells, FICO’s chief product and technology officer. “Our data scientists continue to be at the forefront of the AI revolution and the progress in intelligent decision automation.”
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 192 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 Blaze Advisor are registered trademarks of Fair Isaac Corporation in the U.S. and other countries.
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