📣All these stocks hit new 52 WEEK HIGHS at some point today
📣All these stocks hit new 52 WEEK HIGHS at some point today
Alcon $ALC (+1,27 %)
Applovin $APP (-0,05 %)
Beigene $BGNE (+0 %)
Boston Scientific $BSX (+1,35 %)
British American Tobacco $BTI (-1,75 %)
Carrier $CARR
Fair Isaac $FICO (+1,71 %)
NextEra $NEE (-2,77 %)
ServiceNow $NOW
Natera $NTRA
Public Service $PEG (-0 %)
Insulet $PODD (+0,28 %)
Sharkninja $SN
Squarespace $SQSP (-0,48 %)
Stryker $SYK (+0,63 %)
Under my watch for a long time, I should have entered in April. I guess it will drop a few more.
FICO platform wins "Business Intelligence Platform of the Year" award from Data Breakthrough
FICO, the global leader in analytics software, today announced that it has been named the winner of the " Business Intelligence-Plattform des Jahres " at the Data Breakthrough Awards. Data Breakthrough is an independent market research organization that recognizes the best companies, technologies and solutions in the global data technology market.
With the FICO platform, companies can improve decision-making processes, customer interactions and their risk management. By integrating artificial intelligence, data analytics, digital simulation and risk modeling, the platform enables smarter business decisions while avoiding costly mistakes. Companies can harness the power of AI and machine learning to analyze data, gain valuable insights and automate actions that meet their business objectives.
With its decision-centric approach, the FICO platform enables companies to design large-scale, personalized customer experiences, assess operational impact and reduce the risk of regulatory non-compliance. The platform's full auditability feature provides a further benefit, ensuring transparency and accountability by tracking decision details and their subsequent impact. The platform's customizability ensures seamless adaptation to a variety of mission-critical use cases. With the FICO platform, organizations can break down silos and empower employees to deliver customer-centric digital transformation, while giving organizations greater agility and collaboration.
The annual Data Breakthrough Awards is a premier awards program created to recognize the best innovators, leaders and visionaries in data technology around the world in a range of categories including DataOps, Data Analytics, AI, Business Intelligence, Data Storage and many more. 2024 marks the fifth annual Data Breakthrough Awards program, which has received more than 2,000 nominations from around the world.
"It is an honor to be recognized for the commitment and innovation FICO has invested in the FICO Platform to help companies worldwide build better customer relationships," said Nikhil Behl, Executive Vice President at FICO. "The FICO platform catalyzes and encourages an innovative mindset among our customers, enabling them to quickly launch hyper-personalized products, make real-time decisions and improve the customer experience at scale."
The FICO platform was ranked as one of the industry's best decisioning platforms in The Forrester Wave: AI Decisioning Platforms, Q2 2023 report. In addition, the FICO platform was recognized with the Platinum Award for Banking Innovation of the Year at the Future Digital Awards for Fintech & Payments 2023. In the Chartis Research RiskTech100 2024, FICO was named one of the top five risk and compliance technology providers for the second year in a row . FICO was also ranked first for innovation in the Chartis Research RiskTech100 2024 for the seventh consecutive year.
Learn more about the FICO platform at: https://www.fico.com/en/platform/data
We start in Singapore, first reports on FICO.
GXS Bank achieves remarkable onboarding efficiency with the FICO platform
FICO (NYSE: FICO):
Highlights:
GXS Bank (GXS) Singapore's first digital bank for retail and commercial customers, leverages the industry-leading capabilities of the FICO-Plattform, to optimize the onboarding process for GXS FlexiLoan, its personal loan product. This has resulted in an onboarding time of less than three minutes for the vast majority of approved GXS FlexiLoan applications.
GXS uses the FICO platform to automatically make credit decisions in milliseconds, executing complex policy rules that utilize traditional and alternative data to extend credit to a wider range of consumers without compromising the bank's credit risk appetite.
GXS leverages user eligibility data from its ecosystem partners Grab and Singtel to expand credit access to underserved users. Leveraging data from "super app" Grab, a dominant force in Southeast Asia comparable to Uber in America, and Singtel, a major regional telecoms company, provides valuable insights. This ecosystem data is then combined with information from traditional sources such as credit bureaus. By integrating these data sets, GXS improves the assessment of applicants and provides more accurate scores and personalized interest rates.
Thanks to this innovative approach, people who were previously overlooked by traditional banks, such as young professionals or entrepreneurs with fluctuating incomes, can now obtain loans.
"Digital banks are playing an important role in extending banking and credit opportunities to a large and underserved group of individuals and small businesses across Southeast Asia," said Vaman Sriraman, Group Chief Risk Officer at GXS Bank. "FICO has been an invaluable partner for us in our endeavor to drive financial inclusion in Singapore. The FICO platform allows us to leverage alternative data and expand our offering. The agile infrastructure allows us to iterate quickly while ensuring that robust risk controls are in place."
