MINNEAPOLIS – October 20, 2010 – Fair Isaac Corporation (NYSE: FICO), the leading provider of analytics and decision management technology, announced today that it is ranked #26 in the 2010 FinTech 100, which was unveiled this morning at the BAI Retail Delivery Conference & Expo in Las Vegas. FICO has now been ranked in the FinTech 100 seven years in a row, underscoring the company’s enduring contributions to banking and insurance.
The FinTech 100 is American Banker and Bank Technology News' (BTN) annual ranking of the top 100 global application/service providers in the U.S. financial services market. The ranking is developed in conjunction with IDC Financial Insights and with public relations support from The William Mills Agency, and featured in the October 20 issue of American Banker and the November issue of BTN. Companies included in the FinTech 100 must derive at least one-third of their revenue from the financial services industry, and are categorized and evaluated based on calendar year-end revenues and the percentage of revenues exclusively attributed to financial services.
"Economic conditions have forced financial services organizations to examine every aspect of their business and find opportunities to make smarter decisions while working more efficiently," said Dr. Mark Greene, CEO of FICO. "FICO solutions are the industry leaders in credit scores, risk management and fraud management, and our team challenges itself every day to help clients achieve an analytic advantage. We’re proud of our place in the industry, and committed to our work with banking and insurance leaders both in the U.S. and around the world."
For more information on the 2010 FinTech 100, visit www.americanbanker.com/fintech100.
FICO (NYSE:FICO) 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 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 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 initiative, 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, 2009 and its last quarterly report on Form 10-Q for the period ended June 30, 2010. 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 or registered trademark of Fair Isaac Corporation in the United States and in other countries.
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