Various reports suggest Fair Isaac Corporation (FICO) has been in the limelight due to numerous factors. Senator Hawley has urged the DOJ to probe FICO for alleged anticompetitive actions and repeated price surges. Furthermore, FICO has seen an increase in fees for its services, drawing criticisms from the mortgage industry. Regardless, FICO remains a key player in the market with Barclays adjusting its price target to $2,250, despite the slight decrease. The corporation has released dates for reporting Q1 2025 results showing promising developments. Digital banking has also been a focus of FICO with the corporation securing a partnership with Fujitsu to accelerate the banking revolution in Japan. FICO has also announced its 2025 BIG Innovation Award for Blockchain-Powered AI Governance. While there's speculation over potential divisions in the stock, the institution remains solid with 12 new AI patents under its belt. Meaningful collaborations are evident with affiliations like Affirm to analyze various aspects such as the 'Buy Now, Pay Later' financial trend. Simultaneously, there have been concerns about the future of FICO due to the price increases for its proprietary scoring system.
Fair Isaac Corporation FICO News Analytics from Fri, 07 Jun 2024 07:00:00 GMT to Sat, 05 Apr 2025 13:55:41 GMT -
Rating 5
- Innovation 8
- Information 6
- Rumor -5
