Equifax Inc. (NYSE: EFX) and Fair Isaac Corp. (NYSE: FIC) yesterday announced that they have established a partnership to develop and sell advanced analytics and scoring solutions for businesses and consumers. Under the agreement, the two companies will leverage Equifax’s consumer credit data and Fair Isaac’s scoring technology, and will jointly market and sell new FICO analytic products.
The companies are also working together to accelerate testing and roll-out of the FICO 08 model for Equifax customers.
Separately, Fair Isaac has agreed to dismiss Equifax as a defendant in its lawsuit against VantageScore LLC and the three national credit reporting companies.
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