Using FICO solutions, businesses in more than 120 countries do everything from protecting 2.6 billion payment cards from fraud, to helping people get credit, to ensuring that millions of airplanes and rental cars are in the right place at the right time. FICO holds more than 200 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, telecommunications, health care, retail and many other industries. Founded in 1956, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. We expect our expanded partnership with Network International to result in lower fraud losses, better protection for consumers and ultimately better credit offers.”įICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. IT service provider located in Egypt specialized in designing, implementing and maintaining IT infrastructure targeting Middle East market, we provide reliable IT infrastructure supporting business demands and profitable IT business solutions. “Our solutions will be a great advantage to not only the region’s lenders but their customers as well. “The low entry cost for our decision management services means lenders of all sizes have access to our world-leading solutions,” said Mark Farmer, who manages partner relationships for FICO in EMEA. We are confident that FICO’s innovative technology-led solutions combined with our local expertise will enhance our solutions portfolio and help cement our leadership position in the market.” As a leading enabler of digital commerce, we continue to anticipate, adapt, and advance upon evolving trends with the global gold standard for fraud decisioning and prevention. Over the last few years, we have witnessed the accelerated transition to digital payments in the region, making credit controls for real-time decisions more crucial than ever. Hany Fekry, Group Managing Director, Processing at Network International, commented, “We are delighted to expand upon our partnership with FICO to further strengthen our credit management value proposition to our MEA clients. Banks and other credit providers can use these services to make real-time approvals on credit applications while controlling risk, and to manage their portfolio of accounts with highly targeted, risk-aware offers and decisions. Network International is also installing FICO® Blaze Advisor® Decision Management System in its data centres, so that it can offer hosted credit management services to lenders.