FICO

FICO

About FICO

Simplify's Rating
Why FICO is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Consulting

AI & Machine Learning

Financial Services

Company Size

1,001-5,000

Company Stage

IPO

Total Funding

N/A

Headquarters

San Jose, California

Founded

1956

Overview

Simplify Jobs

Simplify's Take

What believers are saying

  • Rising FICO credit scores indicate increased consumer trust in their scoring systems.
  • Demand for AI and digital tools offers growth opportunities for FICO's analytics solutions.
  • Adoption of 3DS 2.0 enhances FICO's offerings in digital payment security.

What critics are saying

  • $300 million term loan increases FICO's financial leverage, posing potential stability risks.
  • Push payment fraud rise necessitates continuous innovation in FICO's fraud detection tools.
  • 3D Secure obsolescence requires FICO to quickly adapt to 3DS 2.0 standards.

What makes FICO unique

  • FICO's partnership with PSCU enhances its presence in the credit union sector.
  • FICO's AI-driven analytics solutions are in high demand due to the pandemic.
  • FICO's fraud prevention tools integrate behavioral biometric authentication for enhanced security.

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Funding

Total Funding

$0

Below

Industry Average

Funded Over

1 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Benefits

Health Insurance

Flexible Work Hours

Professional Development Budget

Wellness Program

Remote Work Options

Company News

Business Insider
Oct 22nd, 2021
Fair Isaac Corporation -- Moody's says FICO's $300 million term loan raises leverage but also enhances liquidity

Announcement: Moody's says FICO's $300 million term loan raises leverage but also enhances liquidity<div class="spacer-5"></div><a class="btn-more" href="https://www.moodys.com/page/viewresearchdoc.aspx?docid=PR_456911cid=7QFRKQSZE021" target="_blank" rel="noopener">Read the full article at Moody's</a>

PYMNTS
Nov 19th, 2020
Old School, New School: TCU Pairs AI And Outreach To Personalize Members’ Experiences

Credit unions (CUs) have been riding high in recent years, with one October report finding that global CU membership hit an all-time high of 291 million last year.

PYMNTS
Nov 17th, 2020
Deep Dive: How FIs And Merchants Are Pushing Back Against Push Payment Fraud

This Deep Dive examines how FIs are revamping their fraud-fighting approaches, leveraging tools such as behavioral biometric authentication to verify payments.

The Fintech Times
Nov 10th, 2020
This Week in Fintech: TFT Bi-Weekly News Roundup 10/11

AMTD Singapore Solidarity Fund has invested in five fintech firms. In addition to providing financial support, AMTD will offer each company access to its one-stop digital platform and ecosystem. The lucky five are Active.ai, CardUp, Funding Societies, PolicyPal and TranSwap.

PYMNTS
Nov 3rd, 2020
Bloomberg To Incorporate Credit Risk Data

Bloomberg customers will now be able to use the news site's terminal to look at Credit Benchmark's credit risk data, which comes from risk views of the world's largest financial institutions, according to a press release.

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