FICO Dominated Credit Scoring for Decades. Now AI and a New Rival Are Shaking Its Empire.
BUSINESS | ABE | OCTOBER 6, 2026 For decades, three letters have carried enormous influence over the financial lives of Americans: FICO. A FICO score can help determine whether someone qualifies for a mortgage, receives a credit card or secures an auto loan—and at what price. FICO says its scores are used by 90% of…