Tuesday, February 15, 2011

FICO Awarded New Patents

FICO, a provider of analytics and decision management technology, has been awarded eight new patents by the U.S. Patent and Trademark Office. This brings their portfolio total to 100 patents. The breakthroughs covered by these patents are behind FICO’s solutions in credit scoring, credit account management, insurance fraud management,credit fraud management and other areas.

FICO’s commitment to research has increased the momentum of its analytics innovations. About one-quarter of the 100 patents were awarded to FICO in 2010 alone.FICO’s patents span predictive analytics, fraud management, insurance fraud management, business rules and credit technology.

To read the full article please visit www.analytics-magazine.com

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