FICO brand goes north reaches Canada

Article Excerpt

FAIR ISAAC CORP. $212.76 (New York symbol FICO; TSINetwork Rating: Average) (415-472-2211;; Shares outstanding: 29.1 million; Market cap: $6.2 billion; No dividends paid) has extended its multi-year agreement with Equifax Canada to distribute FICO Scores to lenders, consumers and businesses in Canada. Equifax Canada’s BEACON score will also be renamed FICO score. Equifax Canada is one of two agencies (the other being TransUnion Canada) providing credit bureau and information reports for businesses, including those in the financial sector. Owned by Equifax of Atlanta, Georgia, Equifax Canada is based in Toronto. The FICO Score is the standard measure of consumer credit risk and used in more than 25 countries on five continents. Fair Isaac is a hold. hold…

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