Citi Cards Adopts FICO 8 Score

Fact Sheet
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MINNEAPOLIS—June 6, 2011—FICO (NYSE:FICO), the leading provider of analytics and decision management technology, today announced that Citi Cards, one of the largest U.S. credit card issuers, has adopted the FICO® 8 Score as a key component of its credit policy function supporting both acquisitions prospecting as well as account management.

A long-time user of FICO® Scores, Citi Cards has been conducting validations on the FICO® 8 Score over the past 18 months. The company found that the FICO 8 Score improved the prediction of customer risk and is now using the score across many of its lending decisions.

Shanan Bentley, senior vice president at Citi, stated, “The FICO 8 Score will complement our ability to manage and responsibly grow our portfolios. In addition, with FICO 8’s increased effectiveness and consumer-friendly features, Citi can use the score across a wide range of portfolios to provide a more consistent view of the customer, make better lending decisions and improve the overall customer experience.”

Bringing together more than 50 years of leadership in risk analytics and unique insights garnered by working with hundreds of leading financial institutions worldwide, FICO has consistently delivered highly effective and widely used risk scores. With the FICO® 8 Score, lenders benefit from FICO’s advanced analytics and innovation while maintaining compatibility across their entire value chain, including internal systems, processes and practices as well as those of their business partners. To date, more than 3,500 financial institutions have adopted the FICO 8 Score.

“The results of Citi Cards’ testing and its adoption of the FICO® 8 Score highlight the business value that FICO creates and delivers for its clients and their customers,” said Greg Pelling, vice president of Scores and Analytics for FICO. “The outstanding predictive performance and advanced capabilities of FICO 8 underscore why it has emerged as the new standard for consumer credit risk assessment. Adoption of FICO 8 by Citi and other top banks further demonstrates that the FICO Score remains the score that matters for lenders and consumers.”

About the FICO® Score
With over 10 billion FICO® Scores used worldwide to empower lenders to make credit decisions, the FICO® Score has become the standard measure of credit risk worldwide. FICO® Scores are used today in more than 20 countries on five continents, as well as all of the top 50 U.S. financial institutions and both the 25 largest U.S. credit card issuers and auto lenders. The latest FICO® Score version, the FICO® 8 Score, has already been adopted by more than 3,500 lenders.

About 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
FICO: Make every decision count™.

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, 2010 and its last quarterly report on Form 10-Q for the period ended March 31, 2011. 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 “Make every decision count” are trademarks or registered trademarks of Fair Isaac Corporation in the United States and in other countries.

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