FICO Falcon Fraud Manager 6.0 Debuts

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April 30, 2009 (Minneapolis, Minnesota, USA) – FICO™ (NYSE: FIC), the leading provider of analytics and decision management technology, today announced the general availability of Falcon® Fraud Manager 6.0. This marks an important industry milestone, as it is the first payment card fraud management solution to incorporate adaptive analytics, an innovation that accelerates financial institutions’ ability to spot new fraud patterns and prevent them from causing extensive damage. Early response to this innovation has been enthusiastic, with multiple projects already underway, including an installation at a major, U.S.-based credit card issuer.

“In this era of rapidly changing fraud patterns, entirely new fraud methods and flash fraud incidents, Falcon 6.0 enables our clients to deploy self-learning models that adjust immediately to minimize losses,” said Doug Clare, vice president for product management at FICO. “Additionally, by combining adaptive analytics with our robust and proven consortium models, Falcon users benefit from an ‘adaptive cascade’ that provides the best of both worlds: immediate adaptability along with stability and dependability.”

Besides incorporating adaptive analytics technology, FICO Falcon 6.0 expands FICO’s patented fraud detection and profiling techniques by introducing global intelligent profiles to monitor high-risk ATMs, merchants, risky geographic regions and other relevant entities. Falcon 6.0 also includes new detection and case management capabilities relevant to retail banking lines of business such as demand deposit/current accounts. Extensive testing with client data has shown these innovations yield up to 44 percent improvement in detection model performance, translating to increased fraud detection with fewer false-positives.

“It’s important to keep up with rapid changes in fraud attack methods that static models may not know about,” said Avivah Litan, vice president and distinguished analyst, Security and Privacy, at Gartner. “Fraud detection systems must be flexible and agile enough to stay ahead of criminals by adopting and adapting to the newest methods and patterns.”

FICO Falcon Fraud Manager 6.0 is the second element of the FICO™ Decision Management Suite, a set of applications sharing a common architecture that allows financial institutions to connect decisions across the customer lifecycle. Falcon 6.0 makes extensive use of this new services oriented architecture, including a common data model, case management and rules management components.

Falcon Fraud Manager 6.0 was introduced in limited availability in December 2008 with the release of the Scoring Server module. The new general availability release adds an improved rules management module, based on FICO’s industry-leading Blaze Advisor®. Additional modules for enterprise case management, models tailored for retail banking fraud detection and other functionality will be deployed later this year.

About FICO
FICO (NYSE:FIC) transforms business by making every decision count. FICO’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 FICO to increase customer loyalty and profitability, cut fraud losses, manage credit risk, meet regulatory and competitive demands, and rapidly build market share. FICO also helps millions of individuals manage their credit health through the website.

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, 2008, and its last quarterly report on Form 10-Q for the period ended March 31, 2009. 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 is a trademark, and Falcon and Blaze Advisor are registered trademarks, of Fair Isaac Corporation in the United States.

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