FICO

Fair Isaac Corporation
FICO
Company typePublic company
IndustryComputer
Founded1956 (1956) (as Fair, Isaac, and Company)
HeadquartersBozeman, Montana, U.S.
Area served
Worldwide
Key people
  • William Lansing
  • (CEO)[1]
  • Bill Fair
  • (co-founder)
  • Earl Isaac
  • (co-founder)
ProductsFICO Score
ServicesComputer software
RevenueIncrease US$1.295 billion (2020)
Increase US$295.97 million (2020)
Increase US$236.41 million (2020)
Total assetsIncrease US$1.606 billion (2020)
Total equityIncrease US$331.08 million (2020)
Number of employees
3,305 (December 31, 2022)
Websitewww.fico.com

FICO (legal name: Fair Isaac Corporation), originally Fair, Isaac and Company, is a data analytics company based in Bozeman, Montana, focused on credit scoring services. It was founded by Bill Fair and Earl Isaac in 1956.[2] Its FICO score, a measure of consumer credit risk,[3] has become a fixture of consumer lending in the United States.

In 2013, lenders purchased more than 10 billion FICO scores and about 30 million American consumers accessed their scores themselves.[4] The company reported a revenue of $1.29 billion for the fiscal year of 2020.[5]

  1. ^ "FICO shuffles executive ranks under new CEO". Twin Cities Business. 25 April 2012. Retrieved 21 October 2014.
  2. ^ "How FICO became 'the' credit score". finance.yahoo.com. 2013-12-12. Retrieved 2018-08-25.
  3. ^ Ann Carrns (10 May 2012). "Is That Credit Score a FICO, or a FICO 8?". New York Times. Retrieved 21 October 2014.
  4. ^ Evan Nemeroff (7 March 2014). "New FICO Scoring Model Coming This Summer". National Mortgage News. Retrieved 21 October 2014.
  5. ^ "Fair Isaac Corp (FICO) Q4 2020 Earnings Call Transcript". The Motley Fool. 2020-11-10. Retrieved 2021-05-04.

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