Financial Services Industry
Industry: Email Alert RSS FeedNO THRONG TO SELL FICO SCORES
US Banker, May, 2002 by John Hackett
Fair Isaac & Co. is busy marketing the very credit score it fought for years to keep secret, proclaiming it a potential $1 billion business. To have any chance of generating that kind of revenue, though, Fair Isaac needs to persuade banks to sell the FICO score on their websites. So far, it hasn't been very successful.
This despite the fact that participating banks would share in the take, which could range from $12.95 to $75 per consumer.Fair Isaac has been selling the FICO score for more than a year, and only one bank-Citibank-has put a FICO link on its website. Fair Isaac says the main reason it has only one bank partner is that it did not start talking to banks until late last year. There are good reasons, though, to believe banks have other concerns, among them that...
Brought to you by CBS MoneyWatch.com
- Best- and Worst-Paid College Degrees
- 6 Things You Should Never Do on Twitter or Facebook
- How Much Sleep Do You Really Need?
- 6 Big Myths about Gas Mileage
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- LIFO vs. FIFO: a return to the basics
