FICO makes FinTech 100 ranking for 10th consecutive year
SAN JOSE, Calif. – November 13, 2013 – FICO (NYSE: FICO), a leading predictive analytics and decision management software company, today announced that it has achieved a Top 25 ranking on the FinTech 100, an annual international listing of global financial technology companies. FICO has been included in the FinTech 100 every year since the ranking by American Banker, Bank Technology News and IDC Financial Insights debuted a decade ago.
“Since the founding of the FinTech 100 rankings in 2003, regulations and consumer habits have changed dramatically, requiring financial institutions to make their technology investments very, very carefully,” said Mike Gordon, executive vice president of sales, services and marketing at FICO. “In the midst of this dynamic environment, we take great satisfaction in our consistently high FinTech 100 rankings, which attest to the fact that more and more financial services companies find value in FICO’s best-in-class analytics and decision management technology for customer engagement.”
The FinTech 100 is an annual international listing of the top vertical technology vendors that derive more than one-third of their revenue from financial services. The rankings are researched and compiled by IDC Financial Insights, and are published in a special report that is a collaboration among the editors at American Banker and Bank Technology News and the analysts and researchers at IDC Financial Insights.
“As the industry standard for measuring success among the world’s leading financial services technology providers, the FinTech 100 highlights the most successful technology players,” said Karen Massey, senior research analyst, Banking at IDC Financial Insights. “FICO has been ranked highly since we debuted in 2003, demonstrating its continued importance to the financial services industry.”
FICO (NYSE: FICO) is a leading analytics software company, helping businesses in 80+ countries make better decisions that drive higher levels of growth, profitability and customer satisfaction. The company’s groundbreaking use of Big Data and mathematical algorithms to predict consumer behavior has transformed entire industries. FICO provides analytics software and tools used across multiple industries to manage risk, fight fraud, build more profitable customer relationships, optimize operations and meet strict government regulations. Many of our products reach industry-wide adoption — such as the FICO® Score, the standard measure of consumer credit risk in the United States. FICO solutions leverage open-source standards and cloud computing to maximize flexibility, speed deployment and reduce costs. The company also helps millions of people manage their personal credit health.
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