FICO Receives a "Best-in-Class" Designation in Card Fraud Management Solutions Technology Assessment

MINNEAPOLIS – November 28, 2012 – FICO (NYSE: FICO), the leading provider of predictive analytics and decision management technology, today announced that FICO^® Falcon^® Fraud Manager has received a “best-in-class” designation in all four card fraud management solutions categories in the CEB TowerGroup report. FICO received the designation for fraud analytic tools, enterprise operations, workflow management and enterprise support.

FICO^® Falcon^® Fraud Manager received the designation due to its fraud detection, ability to offer card issuers insight into risk and help shield against loss, affect the comprehensive handling of an account, and help card issuers effectively process work by streamlining account and transaction flows.

“Card issuers and their processors must ensure fraud technologies remain ahead of thieves who attack the card data at rest, in use, or in motion, and anticipate new risks as they arise,” said CEB TowerGroup senior research director, Brian Riley. “FICO and other providers have been developing card fraud analytic tools that meet business partner needs and provide the necessary level of security for card transactions.”

"A CEB TowerGroup assessment is the benchmark for evaluating card fraud management solutions," said Doug Clare, vice president of product management at FICO. "Our clients are a large part of the reason we've achieved best-in-class and market leadership positions. Innovations like adaptive analytics and global profiling techniques were developed for them and with their input, and we're confident that by remaining focused on helping our clients stay ahead of fraud, we'll remain best-in-class in payments fraud solutions."

FICO^® Falcon^® Fraud Manager is the most accurate and comprehensive solution for detecting payment fraud, reducing losses by up to 50 percent. Protecting more than 2,5 billion payment accounts worldwide, Falcon Fraud Manager detects fraud while minimizing both operational costs as well as adverse customer impacts.

Über FICO
FICO (NYSE:FICO) delivers superior predictive analytics solutions that drive smarter decisions. The company’s groundbreaking use of mathematics to predict consumer behavior has transformed entire industries and revolutionized the way risk is managed and products are marketed. FICO’s innovative solutions include the FICO^® Score — the standard measure of consumer credit risk in the United States — along with industry-leading solutions for managing credit accounts, identifying and minimizing the impact of fraud, and customizing consumer offers with pinpoint accuracy. Most of the world’s top banks, as well as leading insurers, retailers, pharmaceutical companies and government agencies, rely on FICO solutions to accelerate growth, control risk, boost profits and meet regulatory and competitive demands. FICO also helps millions of individuals manage their personal credit health through www.myFICO.com.

FICO: Make every decision count™.
For FICO news and media resources, visit www.fico.com/news.

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, 2012 and its last quarterly report on Form 10-Q for the period ended September 30, 2012. 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, Falcon and “Make every decision count” are trademarks or registered trademarks of Fair Isaac Corporation in the United States and in other countries.

Technology Assessment Disclaimer
CEB does not endorse any vendor, product or service depicted in our CEB TowerGroup publications and does not advise technology users to select only those vendors rated "best in class." CEB TowerGroup research publications consist of the opinions of CEB TowerGroup's analysts and should not be construed as statements of fact. CEB disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.