FICO Software Solutions
The FICO® software enables enterprises in 90+ countries to make better business decisions. Better business decisions result in higher levels of growth, profitability, and customer satisfaction through using the FICO® software.The FICO® software has five areas of expertise. These areas of expertise help businesses arrive at better decisions and better results using their own capabilities, respectively.
The FICO Decision Management and Optimization focuses on operation analytics and empowers customer engagements.
- AI, Machine Learning, and Advanced Analytics improves customer interactions and supply chain with market-leading technology.
- Decisioning builds smart, consistent, and auditable customer-facing decisions.
- Optimization solves the biggest and most complex business problems.
The FICO Customer Development gets, satisfies, and retains profitable customers through smart and integrated decision-making.
- Account Opening ensures fast, frictionless, and digital account opening solutions.
- Customer Communications for Costumer Development assesses potential customer needs and expand the business using omnichannel and digital communications.
- Customer Management enables smarter decisions for better customer outcomes.
- Marketing creates and grows customer relationships with confidence.
- Pricing Optimization uses prescriptive analysis to make profitable pricing decisions.
Debt Collection and Recovery improves the collection and recovery efficiency, effectiveness, and compliance.
- Collections Management creates the right balance between operational efficiency and customer service improvement.
- Customer Communications for Debt Collection and Recovery helps organizations in collective debt and managing bigger account volumes using digital and scalable communications.
- Debt Recovery and Sales enables the recovery of debt cost-effectively and improves collections account placement through a prove method and advanced technology.
Fraud Protection and Compliance deals with fraud and financial crime using AI.
- Anti-Money Laundering protects businesses from financial crimes while following regulatory standards like KYC, sanctions screening, and transaction monitoring.
- Customer Communications for Fraud allows digital communication for the business and provides low-friction, high-security fraud alert resolution.
- Falcon® Intelligence Network delivers a global view of fraud and financial crimes.
- Identity and Authentication prevents application fraud and account takeover fraud.
- Payments Fraud allows industry-proven machine learning and AI for payments fraud protection.
Scoring Solutions enables lenders to safely expand financial inclusion worldwide.
- Credit Risk Scoring Solutions empowers the development of enhanced credit risk strategies.
- Industry Risk Scoring Solutions enables to gain better industry risk insights using data-driven analytic solutions.
- Scoring Partners helps industries to decrease risk, improve experiences, and support growth.