(Minneapolis, Minnesota, USA) - Fair Isaac Corporation (NYSE: FIC), the leading provider of analytics and decision management technology, announced today that it has risen to the 19th-place ranking in the 2008 FinTech 100, an annual international listing of the top financial technology companies as named by American Banker and Financial Insights, an IDC company.
Companies included in the FinTech 100 must derive at least one-third of their revenue from the financial services industry, and are judged according to their global revenues. Fair Isaac had ranked in the mid-20 range in previous years before moving up to its current top-20 position in 2008.
"Amid the unprecedented turbulence we're seeing in the industry right now, financial services companies are displaying a natural gravitation toward quality," said Dr. Mark Greene, CEO, Fair Isaac. "We're working harder than ever to build the very best decision management products so our clients can respond effectively to the challenges they're facing. It's gratifying to see that paying off in terms of our industry ranking."
The full FinTech special report is available at www.americanbanker.com/fintech100.
About Fair Isaac
Fair Isaac Corporation (NYSE:FIC) transforms business by making every decision count. Fair Isaac's Decision Management solutions combine trusted advice, world-class analytics and innovative applications to give organizations the power to automate, improve and connect decisions across their business. Clients in 80 countries work with Fair Isaac to increase customer loyalty and profitability, cut fraud losses, manage credit risk, meet regulatory and competitive demands, and rapidly build market share. 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 news release that relate to Fair Isaac 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, its ability to recruit and retain key technical and managerial personnel, 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, competition, regulatory changes applicable to the use of consumer credit and other data, the possibility that the anticipated benefits of acquisitions, including expected synergies, will not be realized 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, 2007 as subsequently amended, and its last quarterly report on Form 10-Q for the period ended June 30, 2008. If any of these risks or uncertainties materializes, Fair Isaac's results could differ materially from its expectations. Fair Isaac disclaims any intent or obligation to update these forward-looking statements.
Fair Isaac is a registered trademark of Fair Isaac Corporation in the United States and other countries.
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