FICO shares surge on direct licensing of mortgage scores, major credit bureaus fall
PositiveFinancial Markets

FICO's shares have seen a significant surge following the announcement of direct licensing for its mortgage scores, a move that is expected to enhance its market position. This development is crucial as it allows FICO to streamline its offerings and potentially increase revenue, while major credit bureaus are experiencing a downturn. The shift in dynamics could reshape the competitive landscape in the credit scoring industry, making it an important story for investors and consumers alike.
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