with a better browsing experience; allow us to assess, monitor, and improve the website’s
performance; and enable our partners to advertise to you. You may disable the cookies by changing
the settings in your browser, and you may tell us not to share your cookie data with third parties.
Banks, credit unions and other financial institutions need to simultaneously do three very challenging things: increase profitability, advance competitive position and improve the customer experience. This is difficult to achieve without taking on more credit risk, spending a lot on marketing, or taking on big and challenging technology projects. Organizations today need a solution that is fast time to value, doesn’t require a large, upfront investment, and makes the most of limited (or non-existent) analytic resources and data.
FICO provides a suite of fully managed service offerings to do the data ‘heavy lifting’ and provide you with predictive scores that are highly cost effective, scale easily to meet your needs, and empower you to use predictive and prescriptive analytics to differentiate your customer’s experience.
For every important customer interaction across Marketing, Origination, Collections and Recovery and Account Management, decision science and advanced analytics enable you to make the most of all available data to prescribe the best action. This approach enables your staff to focus on what they do best – connecting with customers at a human level and handling important exceptions that by nature aren’t right for automation.
Fully managed and proactive cloud solution
Real-time delivery for improved customer engagement
Low cost and rapid time to value
Leverage innovative analytics
A high-performance execution platform to power and connect every decision.
FICO DMP Community
Consistently minimize the data, time, and expense of assessing a small business applicants’ credit risk.
Pre-developed FICO® Application Risk Models (ARM) provide an immediate, cost-effective means to assess risk for a variety of portfolios and market segments. Now in its fourth release, ARM 4.0 offers even greater predictability and flexibility, providing tens of thousands of dollars of benefits to clients. ARM enables consumer credit grantors to reduce delinquency and chargeoff losses, approve more applicants and increase profitability, streamline operations, cut decision time, and ensure regulatory compliance.
Banks, credit unions, and other lenders are constantly challenged to lend responsibly, improve customer experience, increase profitability, and advance their competitive positions. Achieving these goals without taking on more credit risk, ...
Client: Country division of a large multi-national bank
Challenge: Demonstrate the value of the massive quantities of detailed transactional data the bank had amassed but not yet used in credit risk modeling
Solution: A service engag...
Banks and credit unions are constantly looking to bring the best service to their customers and often find themselves in competition with larger institutions that have highly sophisticated analytic tools and processes in place that drive m...