FICO Awarded 9 New Patents Used in FICO Platform and Fraud Solutions that Utilize Sophisticated AI to Improve Decision Accuracy

Global analytics software firm FICO has been granted 9 patents, 3 foreign and 6 U.S., related to digital decisioning in the areas of fraud, artificial intelligence (AI), and machine learning technology. FICO’s extensive industry expertise in building AI and machine learning models provides value to enterprises that adopt FICO® Platform and other FICO solutions.

“Patents are a product of industry inspired innovation, and we continue to develop tremendous IP in AI, machine learning, and decision management,” said Scott Zoldi, chief analytics officer at FICO. “FICO solutions deliver real-time decisions for businesses worldwide. The power of better decisions and hyper-personalized customer experiences, as exemplified by FICO Platform, is being driven by new AI technologies responding to ever-changing industry demands.”