BOZEMAN, Mont.— FICO has launched a new digital platform designed to help lenders test credit scoring strategies, benchmark portfolio performance and explore ways to expand credit access, with one credit union already highlighting its use of the tool.
The company said the new FICO Score Credit Insights Lab is aimed at financial institutions looking to evaluate scoring models, compare their portfolios against national benchmarks and simulate how changes in credit strategies could affect risk and growth.
FICO said the platform includes interactive tools that allow lenders to analyze score distributions, review delinquency trends, assess regional credit-score patterns and model the potential impact of newer scoring models such as the FICO Score 10 Suite. The company also said the system can help institutions evaluate the use of alternative and cash-flow data to reach more underserved or credit-invisible borrowers.
Among the early users is STCU, the Spokane, Wash.-based credit union serving more than 300,000 members in Washington, Idaho and Oregon. Jessica Golladay, senior vice president of credit administration at STCU, said the platform gives the credit union a clearer view of how its portfolio compares with national trends and industry benchmarks.
FICO said the platform is intended for banks, credit unions and fintechs, positioning it as a tool for risk and strategy teams seeking to refine underwriting decisions while maintaining compliance and portfolio quality.
The company said the launch reflects its broader push to help lenders use newer scoring models and alternative-data tools to support growth while managing risk and expanding access to credit responsibly.