AN JOSE, Calif., Oct. 3, 2019 /PRNewswire/ -- Today FICO is celebrating the achievements of its customers and their achievements with AI, machine learning and decision management. The winners of the 2018 FICO Decisions Awards can now be formally announced. This year's winners are:

** AI, Machine Learning and Optimization: Orsted and BASF Commendation: Grupo Fleury

Orsted Develops Innovative Digital Solution for Wind Farms Using FICO Optimization

BASF Solves Supply Chain Optimization Problems Using FICO Optimization

Grupo Fleury Streamlines Demand Planning with FICO Platform

** Customer Onboarding & Management: Worldpay

Worldpay Transforms Merchant Onboarding with FICO Platform

** Debt Management: Shanghai Pudong Development Bank CCC Commendation: Santander Polska

Shanghai Pudong Development Bank Credit Card Centre Automates Early Collections With Intelligent Machine-Learning System

Santander Bank Polska Reduces Delinquency by 20 Percent with FICO Automated Collections Communications

** Decision Management Innovation: Medscheme and Santander

Medscheme Transforms Claims Management Efficiency using FICO Decision Technology

** Financial Inclusion: China Construction Bank

China Construction Bank Expands Its Business With Millennial Credit Card Holders Using Big Data Predictive Analytics

** Fraud & Security: EnterCard and FIS

EnterCard Doubles Fraud Detection and Cuts Fraud Loss Rate 60 Percent Using FICO Machine Learning

** Regulatory Compliance: Canadian Tire Financial Services

Canadian Tire Bank is the financial services subsidiary of the Canadian Tire retail chain.

You can read more about their success in our infographic: https://www.fico.com/sites/default/files/2019-09/fico-decisions-awards-infographic.png

"The winners span industries as diverse as banking, chemical production, medical administration and windfarm optimization," said Nikhil Behl, FICO's chief marketing officer. They also come from all corners of the globe and have managed to significantly alter the trajectory of their businesses through outstanding results in cost savings, profit growth, fraud detection, time-to-market, risk-minimization and process optimization."

These results were identified as best-in-class by a panel of independent judges with deep industry expertise. We thank the 2018 judges for their help in identifying the best nominations.

Sid Dash, research director at Chartis for risk management analytics; Tanya Andreasyan, editor at Banking Technology; Anna Milne, editor at Finextra; Julie Conroy, research director for Aite Group's Retail Banking practice; Andras Cser, principal analyst - security and risk professionals at Forrester; Mon Pernia, head of consumer collections, Globe Telecom (2017 winner); John Rymer, principal analyst - application development & delivery professionals at Forrester.

The winners of the FICOŽ Decisions Awards will be spotlighted at FICOŽ World 2019, the Decisions Conference, November 4-7 in New York City.

Also, a reminder that the 2019 FICOŽ Decisions Awards are now open. To enter visit: https://www.fico.com/decisionsawards/

Nominations are due October 15, 2019, and winners will be announced December 2019.

Winners will receive recognition at numerous FICO events during 2020 as well as receiving complimentary conference passes to FICOŽ World in 2021.

Could you be next year's Analytic Hero?

About FICO

FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956 and based in Silicon Valley, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 195 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, manufacturing, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 100 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.

Learn more at http://www.fico.com

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FICO is a registered trademark of Fair Isaac Corporation in the US and other countries.

SOURCE FICO

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