South Africa’s Nedbank Uses FICO Technology to Stop Financial Crime
Fair Isaac Corproation (FICO)
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Source: Business Wire
Enterprise-wide Risk Intelligence Centre analyses data from across multiple systems to prevent fraud, money laundering and other financial crime; Nedbank wins a FICO Decisions Award for applying AI, Machine Learning and Optimization to financial crime risk management. JOHANNESBURG--(BUSINESS WIRE)--FICO (NYSE: FICO)Highlights:Nedbank uses FICO technology to build a Risk Intelligence Centre to enable an integrated financial crime risk management frameworkThe Risk Intelligence Centre identified a crime syndicate during the testing phase while initial production data was still being loadedNedbank has won a 2024 FICO Decisions Award for AI, Machine Learning & OptimizationGlobal analytics software leader FICO today announced that Nedbank, one of South Africa’s largest banks, created an integrated financial crime risk management framework that uses FICO technology as part of the strategy to stop fraud, money laundering and other financial crime. Nedbank partnered with FICO to create the
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FICO
News
- Fair Isaac Co. (NYSE: FICO) had its price target raised by analysts at Raymond James from $1,413.00 to $1,418.00. They now have an "outperform" rating on the stock.MarketBeat
- Fair Isaac (FICO) Q2 Earnings Beat Estimates, Revenues Up Y/Y [Yahoo! Finance]Yahoo! Finance
- FICO Announces Earnings of $5.16 per Share for Second Quarter Fiscal 2024Business Wire
- What's in the Cards for Fair Isaac's (FICO) Q2 Earnings? [Yahoo! Finance]Yahoo! Finance
- Fair Isaac Corporation: An Expensive Stock Is Not An Issue If You Have Pricing Power [Seeking Alpha]Seeking Alpha
FICO
Earnings
- 4/25/24 - Beat
FICO
Sec Filings
- 4/25/24 - Form 10-Q
- 4/25/24 - Form 8-K
- 4/18/24 - Form 4
- FICO's page on the SEC website