Fair Isaac Partners with Aconite to Deliver More Powerful Fraud-Fighting Capabilities

Release Documentation
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(Lisbon, Portugal) - Fair Isaac Corporation (NYSE: FIC), the leading provider of analytics and decision management technology, and Aconite, a leading provider of software and consulting solutions to the global payments market, today announced they have joined forces to provide banks and transaction processors worldwide with new capabilities to better manage fraud and risk in an off-line EMV environment.

The announcement was made at Fair Isaac's InterACT customer conference in Lisbon, where Aconite is co-presenting a session on the evolution of fraud and risk management.

The companies will jointly market Fair Isaac's industry-leading solutions Falcon™ Fraud Manager for payment card fraud detection and TRIAD™ adaptive control system for credit risk management with EMV Script Processor (ESP) and EMV Transaction Enabler (TRxE), Aconite's award-winning EMV software solutions. Together, these solutions create powerful new capabilities designed to help banks adopt a balanced online/offline authorization policy, reduce operational costs, minimize fraud losses, and increase revenue through secure approval of more transactions and improved customer satisfaction.

"This partnership reflects the strong demand for integrated EMV solutions that provide full fraud and risk management capabilities," said Mike Woods, CEO of Aconite. "Together, we can offer our clients the industry's most advanced solutions to fine-tune offline and online authorization and maximize the benefits from offline authorization, while minimizing credit risk."

Aconite's EMV solutions were designed to integrate easily with existing host systems, allowing the generation, management and delivery of scripts to change card parameters dynamically after issue and securely manage offline risk. The Fair Isaac and Aconite solutions can be easily combined with clients' existing systems as individual advanced fraud and risk management solutions or as part of a broader EMV migration package.

Named after its originators Europay, MasterCard and Visa, EMV describes a set of requirements to ensure interoperability between "smart" or chip-based payment cards and point-of-sale terminals on a global basis. Through the partnership, card issuers will now be able to harness the power of EMV, using Falcon and TRIAD decision management and TRxE and ESP functionality to securely push more transactions offline by dynamically updating and controlling card behavior after issue.

"Joining forces with Aconite underscores our commitment to continual innovation and bringing best-in-class technologies together with our leading solutions for fraud and risk management," said Andrew Jennings, vice president, Enterprise Decision Management Applications at Fair Isaac. "Forward-thinking banks are already unlocking the potential of EMV to grow revenues while controlling fraud losses and the cost of managing the portfolio. Banks that utilize TRxE and ESP with TRIAD and Falcon will multiply that potential and be on the fast track to EMV migration."

The companies also plan to develop consulting services to help customers migrate to EMV and achieve their risk management goals for credit and debit card portfolios.

Fair Isaac's Falcon Fraud Manager is considered the leading global payment card fraud detection system, protecting more than 450 million active accounts across six continents and saving card issuers millions of dollars every day. Falcon applies neural network technology, extensive rule development capabilities and workflow management to analyze payment card transactions for signs of fraud, and enables financial institutions to take immediate measures to stop fraud and reduce losses. TRIAD adaptive control system automates and improves account and customer management decisions to drive portfolio management performance and is used to manage nearly 300 card portfolios across industries worldwide.

About Aconite
Aconite provides a unique blend of software solutions and smart card business expertise to bank card issuers and card processors. Aconite solutions can be tailored to meet individual business requirements without the need to replace legacy systems and with minimal impact on staff and processes. Within the last six years, Aconite has become globally recognised as a leading provider of card payment solutions and EMV expertise.

Aconite's software solutions combined with consulting expertise and partnerships deliver business solutions which enable customers to achieve cost-effective, low risk routes to issuing and processing EMV cards and beyond. Based in the UK, Aconite has representation across five regions: Europe, Middle East, Asia, The Americas and Southern Africa. Further information about Aconite can be found on the Aconite website at www.aconite.net.

About Fair Isaac
Fair Isaac (NYSE:FIC) makes decisions smarter. The company's solutions and technologies for Enterprise Decision Management give businesses the power to automate more processes, and apply more intelligence to every customer interaction. Through increasing the precision, consistency and agility of their decisions, Fair Isaac clients worldwide increase sales, build customer value, cut fraud losses, manage credit risk, reduce operational costs, meet changing compliance demands and enter new markets more profitably. Founded in 1956, Fair Isaac powers hundreds of billions of decisions per year in financial services, insurance, telecommunications, retail, consumer branded goods, healthcare and the public sector. Fair Isaac also helps millions of individuals manage their credit health through the www.myfico.com website.

Statement Concerning Forward-Looking Information
Except for historical information contained herein, the statements contained in this press release that relate to Fair Isaac, including statements regarding its Falcon Fraud Manager and TRIAD adaptive control system product offerings and the relationship described herein, and the benefits to be derived from these offerings, 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 any unforeseen technical difficulties related to the implementation, use and functionality of the offerings, the risks that customers will not perceive material benefits from the offerings, failure of the products to deliver the expected results, the possibility of errors or defects in the offerings, regulatory changes applicable to the use of consumer credit and other data, and other risks described from time to time in Fair Isaac's SEC reports, including its Annual Report on Form 10-K for the year ended September 30, 2006, and its quarterly report on Form 10-Q for the period ended December 31, 2006. Forward-looking statements should be considered with caution. If any of these risks or uncertainties materializes or any of these assumptions proves incorrect, Fair Isaac's results could differ materially from Fair Isaac's expectations in these statements. Fair Isaac disclaims any intent or obligation to update these forward-looking statements.

Media contacts


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