FICO Joins Initiative to Launch SaaS-Based Fraud Management Platform for Spain and Portugal

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MADRID — 11 October, 2012 – FICO (NYSE:FICO), the leading provider of analytics and decision management technology, today announced its participation in a SaaS-based platform created to fight credit fraud in Spain and Portugal. The platform has been developed by CONFIRMA Sistemas de Información, a company formed with SIGNE and private investors, with FICO as a minority investor. The fraud platform is scheduled to be available in January 2013.

The fraud platform aims to help lenders curb the rise in identity theft and fraudulent credit by detecting potential fraud in credit applications. Due to a difficult economy and high unemployment, credit fraud is expected to continue its growth in this region. The fraud prevention platform will be used by banks, savings banks, insurance companies, credit insurance companies, telecommunications companies, payment entities or financial intermediaries. CONFIRMA will also provide the fraud platform to Portuguese lenders through the company Data to Prevent (D2P).

The CONFIRMA fraud platform is powered by the FICO® Blaze Advisor® business rules management system, enabling each business to establish and manage their own fraud rules. CONFIRMA’s platform includes a consortium database of shared credit origination data collected by the financial entities that use the service. The service is offered in SaaS (software as a service) mode with a case management interface.

“FICO is committed to fighting fraud worldwide, and we believe joint industry efforts are absolutely essential,” said Antonio García Rouco, who directs FICO’s operations in Spain and Portugal. “We established such a consortium 20 years ago to deal with card payments fraud, resulting in the industry-leading FICO Falcon Fraud Manager for payments fraud. Now, through CONFIRMA and D2P, Spanish and Portuguese firms will be better able to stop criminals from establishing credit accounts or originating operations using stolen identities.”

“Our goal is to create and manage projects related to fraud prevention, so that our clients can make use of the best practices and most advanced technology,” said Luis Díez de Vega, general manager, CONFIRMA Sistemas de Información. “FICO’s experience in fighting fraud around the world makes them an ideal partner for us in this venture.”

FICO is recognized as a leader in anti-fraud technology. Its pioneering FICO® Falcon® Fraud Manager protects more than 2.5 billion payment cards worldwide, and is part of the company’s portfolio of enterprise fraud solutions.

SIGNE is recognized as a leader in the production of secure documents (such as cheque books, bankbooks, passports and University diplomas), which contribute significantly to fraud prevention in commercial transactions.

About FICO
FICO (NYSE:FICO), formerly known as Fair Isaac, 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 industry-leading solutions for measuring credit risk, 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: Make every decision count™.

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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 June 30, 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, Blaze Advisor, Falcon 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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