FICO

Fair Isaac Corporation
FICO
Company typePublic company
IndustryComputer
Founded1956; 68 years ago (1956) (as Fair, Isaac, and Company)
HeadquartersBozeman, Montana, U.S.
Area served
Worldwide
Key people
  • William Lansing
  • (CEO)[1]
  • Bill Fair
  • (co-founder)
  • Earl Isaac
  • (co-founder)
ProductsFICO Score
ServicesComputer software
RevenueIncrease US$1.295 billion (2020)
Increase US$295.97 million (2020)
Increase US$236.41 million (2020)
Total assetsIncrease US$1.606 billion (2020)
Total equityIncrease US$331.08 million (2020)
Number of employees
3,305 (December 31, 2022)
Websitefico.com

FICO (legal name: Fair Isaac Corporation), originally Fair, Isaac and Company, is an American data analytics company based in Bozeman, Montana, focused on credit scoring services. It was founded by Bill Fair and Earl Isaac in 1956.[2] Its FICO score, a measure of consumer credit risk,[3] has become a fixture of consumer lending in the United States.

In 2013, lenders purchased more than 10 billion FICO scores and about 30 million American consumers accessed their scores themselves.[4] The company reported a revenue of $1.29 billion for the fiscal year of 2020.[5]

  1. ^ "FICO shuffles executive ranks under new CEO". Twin Cities Business. 25 April 2012. Retrieved 21 October 2014.
  2. ^ "How FICO became 'the' credit score". finance.yahoo.com. 2013-12-12. Retrieved 2018-08-25.
  3. ^ Ann Carrns (10 May 2012). "Is That Credit Score a FICO, or a FICO 8?". New York Times. Retrieved 21 October 2014.
  4. ^ Evan Nemeroff (7 March 2014). "New FICO Scoring Model Coming This Summer". National Mortgage News. Retrieved 21 October 2014.
  5. ^ "Fair Isaac Corp (FICO) Q4 2020 Earnings Call Transcript". The Motley Fool. 2020-11-10. Retrieved 2021-05-04.