Innovation
FICO is constantly investing in new products, partnerships and advanced scoring analytics that empower lenders to safely and responsibly approve more loans.
Innovation has always been central to FICO’s mission. Smarter Data. Fairer Scores. FICO® Scores Best.
Since 2015, over 50% of FICO’s R&D investment in its Scores segment has focused on broadening financial inclusion globally.
FICO is constantly investing in new products, partnerships, and advanced scoring analytics that empower lenders to safely and responsibly approve more loans.
Redefining credit scoring for the lending ecosystem, solutions like FICO® Score 10 T, UltraFICO® Score, FICO® Score XD, and FICO® Resilience Index exemplify leading advancements in credit assessment methodologies that are both explainable and transparent.
We became the proven industry leader with 90% of top lenders using FICO® Scores by being inclusive, reliable, and trusted – while always innovating. Leveraging FICO® Score 10 T can expand mortgage approval rates by 5% compared to versions most widely used today, all without increasing risk. The fact is, by combining both traditional and alternative data in our U.S. FICO Scores, we score more people – period.
Pioneering scoring with trended data
Built on advanced predictive analytics, FICO® Score 10 T delivers unmatched accuracy in assessing credit risk. It leverages trended credit data to provide a more nuanced view of consumer behavior over time. This model is designed to support responsible lending while expanding access to credit. Due to its strong performance, mortgage lenders handling over $300 billion in annual originations and $1.5 trillion in servicing portfolios now use and trade loans with FICO Score 10 T outside the GSE conforming market.
Mortgage lenders handling over $300 billion in annual originations and $1.5 trillion in servicing portfolios now use and loans with FICO Score 10 T outside the GSE conforming market.
Using FICO® Score 10 T can expand mortgage approval rates by 5% relative to versions most commonly in use today, without adding incremental risk.
Industry leading scoring with BNPL data reflects modern credit uses
FICO® Score 10 T BNPL is the first credit score to incorporate Buy Now, Pay Later (BNPL) data. The BNPL credit score aggregates short-term loans to reflect responsible behavior without penalizing consumers for multiple loans. This innovation enables lenders to assess credit readiness more effectively in a rapidly evolving financial landscape. Building a credit system that reflects how consumers manage their financial wellness promotes healthier credit habits but also helps people demonstrate their readiness for increased credit access and better terms.
Expanding access and insight with alternative data scoring
UltraFICO® Score
More than 75% of new-to-credit applicants with favorable history managing a checking or savings account see a score increase. 40% see an increase of over 20 points.
UltraFICO® Score gives lenders a better view of credit readiness by incorporating checking, savings, and money market account information into the credit scoring process. This alternative data score helps consumers with limited or blemished credit history demonstrate financial responsibility enabling a broader range of people to access credit, with over 75% seeing a positive impact when managing accounts responsibly.
Globally broadening credit access spanning 40+ countries across five continents
Designed for seamless deployment across diverse international regions, FICO® Score for International Markets is a highly scalable and bureau-agnostic scoring solution, and fully customizable to address regional data, regulatory, and compliance requirements. Our international scoring solutions enable clients to enhance their analytics capabilities from developing initial custom models to optimizing advanced decisions. This approach facilitates broader consumer access to credit and supports responsible credit expansion by equipping lenders to make informed, compliant decisions efficiently and cost-effectively.
Advancing financial inclusion and consumer empowerment
FICO is committed to empowering lenders and partners with the credit insights and tools they need to build stronger financial futures for their customers. Through impactful, measurable programs and partnerships, FICO advances financial inclusion, education, and access to credit.
From myFICO.com, where more than 200 million U.S. consumers currently may enroll to obtain access to their FICO® Score for free at myFICO.com , to Score A Better Future®,which offers in-person credit education and personalized counseling, FICO is making credit more understandable and accessible. More than 250,000 consumers have also benefited from FICO® Score Open Access for Credit & Financial Counselors, which equips nonprofit partners with resources to support education on financial health.
FICO collaborates with Historically Black Colleges and Universities (HBCUs) through the Educational Analytics Challenge, inspiring the next generation of data scientists, and partners with lenders in the Lenders Leading Inclusion Program to expand credit access for underserved communities responsibly. These efforts not only improve individual lives—they help fuel responsible lending and strengthen the broader economy, including the $13 trillion mortgage market.
Related products and services
FICO® Score
FICO® Scores are used by the top 90 US lenders for their credit risk assessment needs.
UltraFICO® Score
Leverages trended cash flow data to give lenders a broader view of credit readiness.
FICO® Score XD
Improve consumer credit access by identifying credit-ready borrowers who are unscorable with traditional credit bureau data alone.
FICO® Resilience Index
More precisely predict a borrower’s resilience to future economic disruptions.
FICO® Score for International Markets
Highly scalable, FICO® Scoring Solutions are designed for ease and speed of deployment across international regions.
FICO® Score Open Access
Strengthen customer relationships and increase profitability.
FICO® Safe Driving Score
Taking on driver safety: benefits that flow through the entire driving ecosystem.
FICO® Score 10 T Migration
Mortgage industry participants looking to transition to the most current model, FICO® Score 10 T, can find information here to help inform your migration strategy and planning.
From the blog
Evaluating the inclusion of BNPL data in FICO® Scores
Innovation Never Sleeps: Why We Redevelop the FICO® Score
The FICO® Score is Built to Last
Are FICO® Scores the Same Around the World?
Evolving Landscape of Machine Learning Relative to the FICO® Score
FICO® Score 10 T Decisively Beats VantageScore 4.0 on Predictability
