FICO Integrates Four New Analytic Tools

FICO Integrates Four New Analytic Tools

Four new analytic technologies recently patented by FICO are being integrated into solutions for cyber security, the Internet of Things (IoT), model governance, and optimization. FICO’s patent for Collaborative Profiling provides an efficient way to recognize when a person’s behavior is changing, and to rank-order the significance of those behavioral changes across many individuals. FICO’s…

Mobile Banking Accelerating But Mobile Lending is a Real Laggard

Mobile Banking Accelerating But Mobile Lending is a Real Laggard

New research confirms online payments are taking off, however alternative e-lending is sputtering. Online payment services are the most popular alternative to traditional banking with 19% of consumers, but customers who borrowed money from peer-to-peer or marketplace lenders remained flat, with no signs of growth. FICO’s latest consumer finance trend research has revealed that a…

FICO Acquires QuadMetrics and Launches Enterprise Security Score

FICO Acquires QuadMetrics and Launches Enterprise Security Score

FICO has acquired QuadMetrics to complement its FICO Falcon Cybersecurity Analytics threat detection solution. FICO also says it is developing a FICO Enterprise Security Score, which will rank an organization’s level of cybersecurity risk. QuadMetrics is a cyber risk security scoring company from Ann Arbor, Michigan. QuadMetrics leverages predictive analytics to monitor signals from open…

BRIEFS: Venmo; WEX; VISA; and FICO

In Other News: Venmo (FTC); WEX (FCTG); VISA (challenge); and FICO (XD). VENMO – PayPal, in a regulatory filing, confirms its Venmo free peer-to-peer payment service is under investigation by the FTC in connection with potential unfair trade practices. WEX – WEX Australia has updated its existing agreement with Flight Centre Travel Group (FCTG), one…

BRIEFS – VISA; FICO; PACKAGED; and DCS

In Other News: VISA (Europe); FICO (milestone); PACKAGED (wallets); and DCS (Blackhawk). VISA – Visa says in response to feedback received from the European Commission, the Company and Visa Europe it has reached preliminary agreement to amend their Transaction Agreement to eliminate the earn-out portion of the transaction consideration. The terms of the transaction remain…