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9 de junho de 2009

Equifax and FICO Introduce BEACON 09 Credit Score

9 de junho de 2009

MINNEAPOLIS and ATLANTA—June 9, 2009—FICO (NYSE:FIC), the leading provider of analytics and decision management technology, and Equifax (NYSE: EFX), a global leader in information solutions, today introduced the BEACON® 09 Score for lenders and other businesses. This newest version of the FICO® credit risk score is expected to provide the greatest performance upgrade of the score’s twenty-year history, without changing features that are important to lenders such as the scoring model’s minimum scoring criteria, reason codes, and 300-850® score range.

Using the BEACON 09 Score, lenders should see improvements in risk assessment over current BEACON® scores, particularly among applicants opening new accounts, consumers with prior derogatory information, and people who are comparatively new to credit. Lenders also should increase their ability to reduce losses within current portfolios and to acquire more profitable prospects.

“The BEACON 09 Score is an innovative solution that will provide greater predictive strength at a time when the industry needs it most,” said Dann Adams, president of US Consumer Information Solutions for Equifax.

"BEACON 09 is the Equifax name for our FICO 08 score, which represents our best analytic work to date on our FICO credit risk model," said Robert Duque-Ribeiro, vice president and general manager of Scoring for FICO. "BEACON 09 delivers even more value to its users while minimizing the effort needed to upgrade. Equifax clients can use the greater predictive power in BEACON 09 to manage their risk more precisely, improve their customer satisfaction, and increase their bottom line."

New patent-pending technology also protects the BEACON 09 score from the potential abuse of authorized user credit accounts, by reducing any potential impact to the score from tampering. Since its introduction in 1989, the BEACON score has helped lenders comply with an important federal regulation by automatically including authorized user accounts in the score's assessment of risk. Under the Equal Credit Opportunity Act (ECOA), when lenders assess a spouse's credit risk they are required by law to consider the credit history of accounts which both spouses are permitted to use. By incorporating innovative technology into the BEACON 09 formula, the new score continues to help lenders meet this legal requirement. This information is not intended to be legal advice; lenders are encouraged to check with their own legal counsel to determine how best to meet regulatory compliance requirements.

About Equifax (www.equifax.com)
Equifax empowers businesses and consumers with information they can trust. A global leader in information solutions, employment and income verification and human resources business process outsourcing services, we leverage one of the largest sources of consumer and commercial data, along with advanced analytics and proprietary technology, to create customized insights that enrich both the performance of businesses and the lives of consumers.

Customers have trusted Equifax for over 100 years to deliver innovative solutions with the highest integrity and reliability. Businesses -large and small - rely on us for consumer and business credit intelligence, portfolio management, fraud detection, decisioning technology, marketing tools, HR/payroll services, and much more. We empower individual consumers to manage their personal credit information, protect their identity and maximize their financial well-being.

Headquartered in Atlanta, Georgia, Equifax Inc. operates in the U.S. and 14 other countries throughout North America, Latin America and Europe. Equifax is a member of Standard & Poor’s (S&P) 500® Index. Our common stock is traded on the New York Stock Exchange under the symbol EFX.

Sobre a FICO
FICO (NYSE:FIC) transforms business by making every decision count. As soluções de gerenciamento de decisões da FICO combinam aconselhamento confiável, analíticos de classe mundial e propostas inovadoras para dar às organizações o poder para automatizar, melhorar e conectar as decisões em seus negócios. Clientes em 80 países trabalham com a FICO para aumentar a fidelidade do cliente e os lucros, cortar perdas por fraudes, gerenciar risco de crédito, atender às exigências regulatórias e concorrenciais, e construir rapidamente a participação de mercado. FICO also helps millions of individuals manage their credit health through the www.myFICO.com website.

FICO Statement Concerning Forward-Looking Information
Except for historical information contained herein, the statements contained in this news release that relate to FICO or its business are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including the success of the Company's Decision Management strategy and reengineering plan, the maintenance of its existing relationships and ability to create new relationships with customers and key alliance partners, its ability to continue to develop new and enhanced products and services, its ability to recruit and retain key technical and managerial personnel, competition, regulatory changes applicable to the use of consumer credit and other data, the failure to realize the anticipated benefits of any acquisitions, continuing material adverse developments in global economic conditions, and other risks described from time to time in FICO's SEC reports, including its Annual Report on Form 10 K for the year ended September 30, 2008. If any of these risks or uncertainties materializes, FICO's results could differ materially from its expectations. FICO disclaims any intent or obligation to update these forward-looking statements.

FICO and 300-850 are trademarks or registered trademarks of FICO, in the United States and/or in other countries. Other product and company names herein may be trademarks or registered trademarks of their respective owners.

Contatos da sala de imprensa

Greg Jawski
Américas

greg.jawski@porternovelli.com
+1 212-601-8248

Darcy Sullivan
Europa, Oriente Médio e África

dsullivan@fico.com
+44 (0) 209-940-8719

Saxon Shirley
Pacífico Asiático

saxonshirley@fico.com
+65 6422-7795

Marisa Arribas
América Latina

marisaarribas@fico.com
+1 786 482 7231

Milla Delfino
América Latina

milladelfino@fico.com
+55 11 97673-6583