(), founded in 1956 by engineer , Experian and TransUnion . (FICO is a registered trademark of Fair Isaac Corporation).
Fair Isaac's current corporate headquarters are located in Minneapolis, Minnesota , USA with offices in North America, South America, Europe, Australia, and Asia. The company employs about 3,000 people (2006) with revenue of about $800 million (2005).
Fair Isaac's client list covers more than 1,400 financial services providers, including 99 of the top 100 U.S. banks and 49 of the top 50 global banks. More than 200 retailers, including nine of the top 10 retail card issuers in the U.S. use Fair Isaac retail management software. Fair Isaac serves more than 100 telecommunications providers worldwide, including the top 10 U.S. wireless providers and six of the world's top 10 telecommunications service providers.
- 1958: Fair Isaac starts building Credit Scoring systems.
- 1970: First credit card scoring system delivered.
- 1975: First behaviour scoring system to predict credit risk related to existing customers.
- 1981: Introduction of Fair Isaac credit bureau scores.
- 1986: IPO, stock listed at NASDAQ .
- 1991: Introduction of TRIAD, a credit card management system.
- 1996: Stock moves from NASDAQ to NYSE .
- 1997: The American Bankers Association honors Bill Fair and Earl Isaac with Distinguished Service Award for their pioneering work in credit scoring.
- 2002: Merger with HNC Software, Inc., adding fraud detection to their arsenal with the $100 million Falcon product line and strengthening their analytics offerings in the insurance and telecommunications markets.
- 2003: Fair, Isaac and Company is renamed Fair Isaac Corporation.
- 2004: Acquisition of London Bridge Software, expanding services to credit collections and recovery software. Opens a new analytic consulting and product development center in Bangalore , India targeted primarily at Asia Pacific markets.
- 2005: Acquisition of RulesPower, bringing Rete III algorithm to Blaze Advisor.
- 2006: Celebrates 50th anniversary.
- Dr. Mark N. Greene : Chief Executive Officer
- Charles M. Osborne : Vice President, Chief Financial Officer
- Michael H. Campbell : Vice President, Chief Operating Officer
- Eric J. Educate : Vice President, Chief Marketing Officer
- Bernhard Nann : Vice President, Chief Technology Officer
- Larry E. Rosenberger : Vice President, Research & Development
- Richard A. Stewart : Vice President, Professional Services
- Richard S. Deal : Vice President, Human Resources
- John D. Emerick Jr. : Vice President, Corporate Development and Treasurer
- Michael (Mike) J. Pung : Vice President, Finance
- Mark R. Scadina : Vice President, General Counsel and Secretary
|
