FICO

History

YearDetail
1956 Er. Bill Fair and mathematician Earl Isaac founded FICO with an initial individual investment of $400.
1972 The company introduced ASAP, wells Fargo's first automated application processing system.
2000 Through an agreement with TransUnion LLC, FICO expanded the availability of NextGen FICO Scores to its customers.
2001 The company partnered with CallCredit, a new consumer credit reference agency, to provide customer credit scores directly to U.K. lenders over the Web.
2009 Fair Isaac Corp. changed its brand name and stock symbol to FICO.
2016 FICO launched Decision Management Suite 2.0, allowing businesses of all sizes to develop advanced analytic-powered applications faster.
2018 The company launched UltraFICO Open Banking Score, which analyzes consumer-contributed checking account data to give a complete picture of consumer risk.
2024 FICO partnered with Jersey Telecom to launch the Customer Communication Services Scam Signal, which identifies scams based on telephony signals.