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FICO Defined

What is FICO?

Almost every consumer and business has heard of Fair Isaac Corporation
(FICO); the question is: who is FICO?  Since 1956, FICO has provided
decision management and measurement systems. The company was founded
by mathematician Earl Isaac and partner, Bill Fair. Later, the FICO
score was created enabling the company to climb to the position of
leading provider of decision management, fraud detection and most
famously, credit scoring.