Fair Isaac Corp. said Thursday that it has been awarded 17 new patents by the U.S. Patent and Trademark Office for inventions related to FICO offerings in predictive analytics (seven patents), credit scoring (two patents) and fraud detection (eight patents).

The patents involving fraud solutions include ones for detecting new forms of fraud, updating existing fraud models, identifying fraudulent online transactions over public networks, ensuring security of payment cards and using transaction data to identify deviations from frequent spending behaviors that could signal fraudulent activity.

Many of these patented methodologies are already embedded in FICO Falcon Fraud Manager which protects more than two billion payment cards worldwide, according to the firm.

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