Winners of 2019 FICO Decisions Awards Announced! Companies Celebrated For Analytic Excellence
- FICO announces the 2019 winners of the FICO® Decisions Awards. These awards established eight years ago recognize organizations achieving remarkable success using FICO solutions
- Winners in eight categories come from seven countries and span financial services, telecoms, transportation, pharmaceuticals and more
- Entries for 2020 FICO® Decisions Awards to open in August
Today FICO is celebrating the achievements of its customers and their achievements with AI, machine learning and decision management. The winners of the 2019 FICO® Decisions Awards can now be formally announced.
More information: https://www.fico.com/en/fico-decisions-awards-2019
"The 2019 FICO Decisions Award winners have demonstrated what is possible with a clear business objective, innovative use of technology and a great partnership," said Nikhil Behl, FICO's chief marketing officer. "Our winners have innovated in lending, supply chain optimization, customer management, debt collection, fraud and financial inclusion. They come from all corners of the globe and many varied sectors of the economy. I congratulate them on their achievements and winning their categories in what was a very competitive line-up."
- AI, Machine Learning and Optimization:
Bank of Americaand Grupo Fleury
- Cloud Deployment: ACT and Vodafone and SA Taxi
- Customer Onboarding & Management: Banreservas
- Debt Management:
Swisscard AECS GmbH
- Decision Management Innovation: Procter & Gamble
- Financial Inclusion: Home Credit China
- Fraud & Security: PULSE, A
- Regulatory Compliance: BNSF
The FICO Decisions Awards recognize organizations that are achieving remarkable success using FICO solutions.
AI, Machine Learning and Optimization
Grupo Fleury, one of
ACT, best known for its flagship college entrance exam, has optimized its test assembly process in the cloud, reducing the time required to assemble tests from 2-4 weeks to 2 days. This allows ACT to serve over 40,000 concurrent examinees with latency below half a second per test item.
SA Taxi, a financier of over 10 percent of
Customer Onboarding & Management
Banreservas, the largest bank in the
Decision Management Innovation
Procter & Gamble (P&G), has optimized its consumer product transitions, saving it millions of dollars and allowing it to reduce time spent on initiative planning. The supply chain innovation has boosted analytic efficiency 90 percent, reducing the weekly analysis time to less than five minutes.
Home Credit, a global non-bank consumer lender, has reduced its credit risk on point-of-sale loans by 25 percent and online loans by 15 percent while maintaining loan volumes and keeping approval rates steady by incorporating the FICO® Score X Data to optimize its loan process in
Fraud & Security
Discover's PULSE Network, one's of the
These results were identified as best-in-class by a panel of independent judges with deep industry expertise. We thank the 2019 judges for their help in identifying the best nominations.
Sharon Kimathi, editor at FinTech Futures Leslie Parrish, analyst – retail banking at Aite Denise Sleem, functional specialist at Medscheme, 2018 winner Alex Woodie, managing editor at Datanami Les Yeamans, founder at RT Insights
The winners of the FICO® Decisions Awards will be spotlighted at various FICO events in 2020 and win tickets to FICO® World 2021, the
Entries for the 2020 Awards will open in August this year.
FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956 and based in
Learn more at www.fico.com.
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Greg Jawski, Porter Novelli, (212) 601-8248, firstname.lastname@example.org