JAKARTA, Indonesia--(BUSINESS WIRE)-- (NYSE: FICO) Highlights Identity theft worries persist, with 36% of Indonesians fearing fraudsters opening accounts A noticeable gap exists, as almost 45% believe it unlikely they've been identity theft victims Real-time payment scams are on the rise, with 64% receiving scam communications Fraud protection is paramount, with ease of use and good fraud protection ranking as top considerations for selecting financial services providers FICO, a leading global analytics software firm, today unveiled its latest global consumer fraud research, s...
LONDON--(BUSINESS WIRE)-- According to the FICO UK Credit Card Market Report for January 2024, consumer credit behaviour followed typical start-of-year patterns. Spending fell by 8.6% post-Christmas, while consumers increased their payments to balance by 2.7%. Credit card providers will, however, be encouraged by the first increase in payments to balance since July 2023. This press release features multimedia. View the full release here: Average UK credit card spend dropped by 8.6% month-on-month in January 2024, equating to an average spend of £775, according to new figures from FICO. (Graph...
A director at Fair Isaac Corp sold 8,000 shares at 1,225.932USD and the significance rating of the trade was 67/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clear...
JOHANNESBURG--(BUSINESS WIRE)-- FICO (NYSE: FICO) Highlights: Nedbank uses FICO technology to build a Risk Intelligence Centre to enable an integrated financial crime risk management framework The Risk Intelligence Centre identified a crime syndicate during the testing phase while initial production data was still being loaded Nedbank has won a 2024 FICO Decisions Award for AI, Machine Learning & Optimization Global analytics software leader FICO today announced that , one of South Africa’s largest banks, created an integrated financial crime risk management framework that uses F...
MIAMI--(BUSINESS WIRE)-- FICO, a leading analytics software firm, has partnered with American tennis star Chris Eubanks in its latest financial literacy initiative. Eubanks, who broke into the sport’s Top 30 last year, has teamed up with FICO to help raise awareness of the need for financial and credit education as the essential first step to achieve financial literacy. The collaboration kicks off as Eubanks takes the court at the Miami Open. “I’m excited to partner with FICO to not only raise awareness about the need for financial education but also learn more about it myself,” said Chris E...
BOZEMAN, Mont. & DUBAI, United Arab Emirates--(BUSINESS WIRE)-- Analytics software provider FICO has partnered with SAM Corporate, one of the largest providers of fintech solutions in the Middle East, to bring advanced decisioning capabilities to businesses in India and the Middle East. SAM Corporate is developing solutions using FICO’s industry-leading decision management technology, omnichannel communication tools and mathematical optimization software to help businesses in financial services and insurance deliver razor-sharp personalization that improves profitability and the customer exper...
Kratos Receives $57.6 Million Contract for 70 BQM-177A Aerial Targets SAN DIEGO, March 18, 2024 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), a Technology Company in the Defense, National Security and Global Markets and industry-leading provider of high-performance, jet-powered unmanned aerial systems, announced today that its Unmanned Systems Division has received a $57,673,542 modification to a previously awarded firm-fixed-price contract. This modification exercises options to procure full rate production Lot Five of the BQM-177A Surface Launched Aerial ...
RICHMOND, Va.--(BUSINESS WIRE)-- Global analytics software leader, FICO (NYSE: FICO), and U.S. Senator Mark Warner’s office are teaming up to host a series of Score A Better Future™ credit education workshops as part of the “Virginia Financial Empowerment Series” in the Richmond area March 19-21. The Virginia Financial Empowerment Series is an initiative led by Senator Warner's office, dedicated to advancing and fostering best practices in financial literacy among Virginians. Facilitated by FICO’s Score A Better Future program, the workshops in the series seek to educate individuals about fi...
Kratos Unmanned Systems Division Self-Driving Truck Leader Follower Platoon Fleet to Be Deployed in Ohio and Indiana SAN DIEGO, March 12, 2024 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a Technology Company in the Defense, National Security and Global Markets, announced today that it will be deploying self-driving Class 8 tractor/trailers in a Leader Follower Platoon hauling customer freight shipments along revenue generating routes in Ohio and Indiana. The Kratos Unmanned Systems Division is under contract to deploy its self-driving platooning technolo...
BRISTOL, Tenn.--(BUSINESS WIRE)-- FICO (NYSE: FICO), a leading analytics software firm, has teamed up with Richard Childress Racing (RCR) to help drive forward its effort to raise awareness about the need for financial education. This press release features multimedia. View the full release here: The collaboration starts as RCR’s Kyle Busch races the No. 8 FICO Chevrolet Camaro ZL1 during the Food City 500 NASCAR Cup Series race at Bristol Motor Speedway on Sunday, March 17. The race will be broadcast live on FOX beginning at 3:30 p.m. ET. For the millions of NASCAR fans across the country...
BOZEMAN, Mont.--(BUSINESS WIRE)-- FICO (NYSE: FICO): Highlights: 69% of consumers rank good fraud protection in their top three considerations when choosing a financial service provider. 65% of customers still find value in the information and services available at brick-and-mortar banks. Nearly 70% of customers expect to spend less than 30 minutes opening a checking account; if the identity verification process is too time consuming, almost a quarter of consumers will abandon the application. Leading global analytics software company, , today released new research showing the ne...
Kratos Awarded a $499 Million Multiple Award, Indefinite-Delivery/Indefinite-Quantity Contract for the Design, Build, Test, and Delivery of Functioning Anti-Tamper Solutions SAN DIEGO, March 04, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: KTOS), a Technology Company in Defense, National Security and Global Markets, announced today that it has been awarded a $499,000,000 multiple award, indefinite-delivery/indefinite-quantity contract for the design, build, test, and delivery of functioning anti-tamper solutions that will be ready for follow-on production to be integrated into a broad range of Depa...
Kratos Congratulates Stuart Daughtridge for His Nomination as Via Satellite’s 2023 Satellite Executive of the Year Kratos’ Head of Advanced Technology is recognized for his leadership in advancing interoperability in the satellite industry SAN DIEGO, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a technology company in Defense, National Security and Global Markets, is pleased to congratulate Stuart Daughtridge, Kratos VP of Advanced Technology, on being named a finalist for Via Satellite’s 2023 Satellite Executive of the Year Award. Nominees...
BOZEMAN, Mont.--(BUSINESS WIRE)-- FICO (NYSE:FICO), a leading predictive analytics and decision management software company, today announced Steve Weber, Chief Financial Officer, will present at the Raymond James 45th Annual Institutional Investors Conference on Tuesday, March 5th at 9:50am EST at the JW Marriott Orlando Grande Lakes, 4040 Central Florida Parkway, Orlando, FL. Will Lansing, Chief Executive Officer, will also present at the Morgan Stanley Technology, Media & Telecom Conference on Wednesday, March 6, 2024 at 1:20pm PST at the Palace Hotel San Francisco, 2 New Montgomery Street...
BOZEMAN, Mont.--(BUSINESS WIRE)-- , a leading analytics software firm, has announced that mortgage leader Cardinal Financial (Cardinal) is the latest in the movement to adopt FICO® Score 10 T for non-conforming mortgage loans. The lender is also the first to plan to issue a United States Department of Veterans Affairs (VA) Mortgage- Backed Security (MBS) using FICO’s newest and most predictive scoring model. As part of this, Cardinal will integrate FICO® Score 10 T into its proprietary loan origination software, Octane®, to provide an enhanced valuation of the company’s portfolio. With the a...
Kratos Defense & Security Solutions, Inc. Prices Public Offering of Common Stock SAN DIEGO, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (“Kratos”) (NASDAQ: KTOS), a Technology Company in the Defense, National Security and Global Markets, today announced the pricing of an underwritten offering of 16,666,667 shares of its common stock at a public offering price of $18.00 per share pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission (the “SEC”). The net proceeds to Kratos from the offering, after deducting un...
LONDON--(BUSINESS WIRE)-- The FICO UK Credit Card Market Report for December 2023 reflects the usual season trends in spending and payments. However, it also reflects the impact of continued high prices on card balances. This latest report shows the highest levels of both average spend and average balances since 2006, when FICO first analysed credit card use and payments. This press release features multimedia. View the full release here: The latest FICO UK Credit Report shows the highest levels of both average spend and average balances on UK credit cards since 2006, when FICO first analysed...
Kratos Defense & Security Solutions, Inc. Announces Proposed Public Offering of Common Stock SAN DIEGO, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (“Kratos”) (NASDAQ: KTOS), a Technology Company in the Defense, National Security and Global Markets, today announced that it intends to offer for sale $300,000,000 of shares of its common stock in an underwritten offering pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission (the “SEC”). The underwriters will have a 30-day option to purchase up to an additional ...
BOZEMAN, Mont.--(BUSINESS WIRE)-- FICO, a leading analytics software firm, has announced that Premier Lending Inc. (Premier Lending), a family-owned Charlotte, N.C. based mortgage leader, will become an early adopter of FICO® Score 10 T to enhance its non-conforming loan origination efforts as well as acquisitions of mortgage whole loans. Premier Lending will use FICO’s newest, most innovative, and most predictive scoring model to provide real-time evaluation to help value repurchased loans. Motivated by its desire to better serve its customers, Premier Lending is adopting FICO® Score 10 T t...
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