FICO Partners with Plaid to Launch Enhanced UltraFICO Score Using Cash Flow Data

Reuters
Nov 20
FICO Partners with Plaid to Launch Enhanced UltraFICO Score Using Cash Flow Data

Fair Isaac Corporation (FICO) has announced a strategic partnership with Plaid, a leading financial data network, to launch the next-generation cash flow UltraFICO® Score. This collaboration will integrate FICO's established credit scoring with real-time cash flow data from Plaid, offering lenders an enhanced credit score for more comprehensive and inclusive lending decisions. The new solution will utilize consumer-permissioned data from Plaid's network of over 12,000 financial institutions and will be distributed through Plaid's Consumer Reporting Agency, Plaid Check.

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