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SAN JOSE, Calif., Aug. 6, 2021 /PRNewswire/ --

Highlights:

Leading digital decision platform company, FICO, today announced that it has been awarded 13 new patents related to artificial intelligence (AI), machine learning (ML), fraud and decision management platform. With the latest patents, FICO continues to help its customers digitally transform their businesses by automating key business processes and decisioning with industry-leading innovations.

With the 13 new innovations, FICO now holds 204 US and foreign patents and 85 pending patent applications. FICO has been responsible for multiple industry-changing innovations in artificial intelligence, machine learning, and other analytics methods. FICO's rich portfolio of analytics and fraud solutions helps clients grapple with ever larger volumes and variety of data across the enterprise as well as protect businesses against the latest fraud in real time.

"FICO provides our customers the solutions they need at the moments they need them, and driving forward their success is what allows us to thrive as an organization. We have created and nourished an environment that empowers my colleagues and myself to push the boundaries and continuously drive innovations that helps customers succeed. It's exciting to see our work receive that recognition," said Scott Zoldi, chief analytics officer, FICO.

The patents awarded to FICO and their innovative executives include:

Within the last 12 months, FICO was named a leader in digital decisioning as well as a leader in Innovation, AI Applications, and Financial Crime-Enterprise Fraud by leading analyst firms.

About FICOFICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956 and based in Silicon Valley, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 200 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 120 countries do everything from protecting 2.6 billion payment cards from fraud, to helping people get credit, to ensuring that millions of airplanes and rental cars are in the right place at the right time.

Learn more athttps://www.fico.com

FICO and Falcon are registered trademarks of Fair Isaac Corporation in the U.S. and other countries.

SOURCE FICO

https://www.fico.com

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FICO Continues to Drive Innovation with 13 New Patents for AI, Machine Learning, Fraud and Decision Management Platform - PRNewswire