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Despite fraud losses rising across Europe, UK achieved first drop in card fraud since 2011

LONDON – 30 July 2018

HIGHLIGHTS:

  • UK losses fell 8 percent due to success battling card not present fraud
  • Total card fraud losses across the 19 European countries studied grew by €30 million, or 2 percent
  • The UK, France and Russia account for 77 percent of card fraud losses in EMEA
  • Interactive online map from FICO and Euromonitor International compares fraud loss trends across the region

Silicon Valley analytic software firm FICO today released its annual interactive map which reveals changes in card fraud across Europe. Based on data from Euromonitor International and UK Finance, the map shows which countries have made significant gains in the fight against payments card fraud in 2017. France and the UK achieved reductions of 6 and 8 percent, respectively, for the biggest reductions in net fraud losses. This is despite losses across the 19 countries surveyed rising by €30 million, or 2 percent.

More information: http://www.fico.com/europeanfraud/

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Revenues of $260 million vs. $231 million in prior year

SAN JOSE, Calif. – July 26, 2018 -

FICO (NYSE:FICO), a leading predictive analytics and decision management software company, today announced results for its third fiscal quarter ended June 30, 2018.

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SAN JOSE, Calif. – July 26, 2018 -

FICO (NYSE:FICO), a leading predictive analytics and decision management software company, today announced that its Board of Directors has approved a stock repurchase program to acquire up to $250 million of the company’s outstanding common stock. This new program was approved following completion of FICO’s previous stock repurchase program, which was in effect from October 2017 through July 2018. The new stock repurchase program, which is open-ended, allows the company to repurchase its shares from time to time in the open market and in negotiated transactions.

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