MINNEAPOLIS – Fair Isaac Corp., the provider of the ubiquitous FICO credit scores, reported yesterday that net income for its fiscal first quarter rose by 9% to $31.2 million, or 52 cents a share. First quarter revenues were up 3% to $208.2 million, compared to the first quarter last year. First quarter results include a $2.3 million tax benefit.
The Missouri bank surveyed consumers about what kind of financial management tools they use, then built its My Finance360 tool in response.
GodFather malware mimics and manipulates real financial apps on Android devices, exposing sensitive data without user suspicion.
As banks consider their strategies, other big names are also considering a role for digital assets.
The Financial Technology Association — which had been granted the right to defend the Consumer Financial Protection Bureau's open banking rule after the bureau declined to defend it — filed a motion Sunday to preserve the rule.
Kevin Fromer, who has headed the Financial Services Forum since 2017, announced his departure Monday. Fromer transformed the Financial Services Forum to advance the interests of the largest U.S. banks.
The Senate advanced the One Big Beautiful Bill Act through a procedural vote, opening the legislation for debate followed by Monday's vote-a-rama.
