FICO Announces JPMorgan Chase's Participation in FICO^® Score Open Access Program

Millions more consumers now able to access genuine FICO^® Scores for free, engendering loyalty through greater transparency and consumer empowerment

SAN JOSE, Calif. — March 30, 2015 — FICO (NYSE:FICO), the predictive analytics and decision management software company, today announced JPMorgan Chase is offering FICO^® Scores to its Chase Slate customers for free through the FICO^® Score Open Access program. FICO^® Scores will be available to all new Chase Slate Customers. Existing Chase Slate customers will gain online access to their FICO^® Scores over the course of 2015 as part of a rollout starting in April.

"FICO^® Score Open Access is ramping up quickly and we’re well on the way to our goal of giving all Americans their FICO^® Scores for free," said Jim Wehmann, FICO’s executive vice president for Scores. “Our program enables forward-looking lenders like Chase to provide an extremely valuable and popular benefit to their customers. In fact, many people are coming to expect access to their FICO^® Scores. Chase’s participation in the program reflects its commitment to consumer financial education and empowerment.”

"We want to help our customers make financial decisions with confidence," said Pam Codispoti, president of the Mass Affluent Business for Chase Card Services. "That is why we are providing our Chase Slate customers free access to genuine FICO^® Scores, along with powerful educational information that can help them understand their credit standing and financial situation."

Chase Slate cardholders will have access to updated FICO^® Scores each month, along with tools and resources to help them manage their financial health. By empowering consumers, many lenders participating in FICO^® Score Open Access have already seen greater customer engagement and satisfaction, as well as lower delinquency rates.

Businesses bought more than 10 billion FICO^® Scores last year, and the scores are used in 90 percent of consumer lending decisions in the US.  FICO^® Score Open Access is the first and only program to give consumers free access to the exact same FICO^® Scores their lenders are using. This distinguishes FICO^® Score Open Access from programs that offer other credit scores.

FICO is the leader in credit risk scoring, and the FICO^® Score is the standard measure of consumer credit risk. The largest credit card issuers, auto lenders, mortgage lenders and tens of thousands of other businesses in 20 countries rely on the FICO^® Score for better decisions.

Sobre a FICO
A FICO (NYSE: FICO) é uma grande empresa de software analítico que ajuda empresas em mais de 90 países a tomar melhores decisões que levem a níveis mais elevados de crescimento, rentabilidade e satisfação do cliente. O uso inovador que a empresa faz do Big Data e de algoritmos matemáticos para prever o comportamento do consumidor está transformando setores inteiros. A FICO fornece software analítico e ferramentas utilizadas em vários setores para gerenciar riscos, combater a fraude, construir relacionamentos mais rentáveis com os clientes, otimizar operações e cumprir regulamentações governamentais rigorosas. Many of our products reach industry-wide adoption. These include the FICO^® Score, the standard measure of consumer credit risk in the United States. As soluções da FICO utilizam padrões de código aberto e computação em nuvem para maximizar a flexibilidade, acelerar a implementação e reduzir os custos. A empresa também ajuda milhões de pessoas a gerenciar sua qualidade de crédito pessoal.

FICO: Make every decision count™. Learn more at www.fico.com.

For FICO news and media resources, visit www.fico.com/news.

FICO and "Make every decision count" are trademarks or registered trademarks of Fair Isaac Corporation in the United States and in other countries.