FICO meaning in Banking ?

Answer: What is Fair Isaac Corporation mean?

FICO (legal name: Fair Isaac Corporation), originally Fair, Isaac and Company, is a data analytics company based in San Jose, California, focused on credit scoring services. It was founded by Bill Fair and Earl Isaac in 1956. Its FICO score, a measure of consumer credit risk, 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. The company reported a revenue of $1.29 billion dollars for the fiscal year of 2020.

reference

Full Form	Category
Fair Isaac Corporation	Banking
Fair Isaac Credit Organization	Business
Financial control	Business
Federal Insurance Credit Organization	Business
Fair Isaac Corporation Or	Business
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Fellow of International Council of Ophthalmology	Medical
Financial Intermediaries and Claims Office	Stock Exchange