CPqD Launches Zelox to Offer Brazilian Businesses SaaS-Based Fraud Protection Built on FICO Technology

SÀO PAULO—July 23, 2012—FICO (NYSE:FICO), the leading provider of analytics and decision management technology, today announced that it will provide FICO™ Falcon™ Fraud Manager in a software as a service (SaaS) model through a new Brazilian company, Zelox, created by its long-standing partner, CPqD. Zelox will offer an integrated fraud and event management solution incorporating FICO’s industry-leading Falcon Fraud Manager solution to small and medium-sized enterprises (SMEs) in the Brazilian credit market, giving them a lower-cost way to reduce fraud losses and improve the customer experience.

The new company was introduced on June 20 during the Congress and Tradeshow of IT for Financial Institutions (Ciab 2012) in São Paulo.

Many large Brazilian financial organizations already use the Integrated Fraud and Event Management solution from CPqD to detect fraud in real time on their customers’ electronic transactions involving debit cards, credit cards, Internet banking and other activities. “By offering this solution in a SaaS model, it will be more attractive to smaller financial institutions with lower transaction volumes,” said Hélio Graciosa, president of CPqD. “Fees are based on the number of cards monitored, and subscribers will not have to invest in software licensing or infrastructure to run the system.”

The Zelox service platform uses technology developed by CPqD and Algar Tecnologia, in addition to FICO. The anti-fraud solution scores each transaction based on FICO neural net models and patented cardholder profiles, and refers suspicious transactions to fraud prevention consultants, not regular call center operators.

“It is a truly innovative solution, based on a secure, high-performance technology infrastructure, which allows for processing large volumes,” said Alexandre Gomes, Zelox executive director. “The predictive models were developed especially for the Brazilian market.”

"With FICO Falcon Fraud Manager as part of the Zelox service, smaller credit grantors in Brazil can protect their customers with the same advanced technology used by the world’s biggest banks,” said Andreas Suma, FICO senior director for Latin America. “This will enable SMEs to identify new fraud types that have not yet been detected while strengthening customer relationships by offering better protection and fewer interruptions of legitimate card use.”

FICO™ Falcon™ Fraud Manager is the world’s most accurate and comprehensive solution for card payment fraud detection, protecting more than 2.5 billion cards worldwide. More than 40 percent of all credit cards issued by banks in Brazil are already protected by FICO Falcon Fraud Manager.

About CPqD
CPqD is an independent research center dedicated to innovation in information & communication technologies (TICs). In Brazil, CPqD solutions are used by large corporations and institutions in different industries, telecom, electric power, financial services, manufacturing and public administration. After 35 years of operations, the institution has more than 1,300 highly-qualified professionals, recognized by their creativity and commitment to the highest quality standards. Today, CPqD runs the largest R&D program of its segment in Latin America, whose objective is to enhance Brazil´s competitiveness and digital inclusion by providing broader access to product technologies, mission-critic systems, technology services and consulting.
Follow CPqD on Twitter: http://twitter.com/cpqd

About Algar Tecnologia
With more than 12 thousand professionals, Algar Tecnologia has operated in the corporate market for 13 years, providing technology solutions for business processes to a client portfolio that includes 200 Brazilian and international corporations.

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 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, 2011 and its last quarterly report on Form 10-Q for the period ended March 31, 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.