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March 31, 2008
(Minneapolis, Minnesota, USA) - Fair Isaac Corporation (NYSE:FIC), the leading provider of analytics and decision management technology, announced today that leading research and advisory services firm TowerGroup will present findings of an exclusive decision management survey of major credit card issuers and consumer lenders at its 2008 North American InterACT customer conference, to be held April 27-30 in San Francisco.
The critical importance of effective, connected decision making to balancing risk and growth is intensified in a turbulent economic and regulatory environment. This theme will run throughout the forum, which will bring together business leaders, regulators, and industry experts from financial services, insurance, retail, and healthcare.
The TowerGroup survey, commissioned by Fair Isaac, is designed to assess the decision management capabilities of credit card issuers and consumer lenders compared to others in the credit industry. It will provide InterACT delegates with uniquely valuable insight into the ways top lenders and issuers make complex decisions - about fraud management, collections, and risk - quickly and effectively.
"From higher consumer debt burdens to the global liquidity crisis, the volatility of the economy has brought decision management into sharp focus," said Mike Campbell, chief operating officer, Fair Isaac Corporation. "But opportunities exist even in difficult times. Business leaders who deploy the most advanced decision management tools and strategies will find themselves at a competitive advantage in this environment."The survey can be taken anytime until April 4, 2008 as part of the online InterACT registration process at www.fairisaac.com/interactsurvey. Survey respondents will be eligible for an additional $100 discount on their conference registration fee. Ted Iacobuzio, managing director and practice leader for payments at TowerGroup, will present the survey results as part of his closing keynote address, "Connected Decision Making in Turbulent Times," on Wednesday, April 30. Lenders interested in learning more about this topic also can access an informative white paper and webinar presentation by Ted Iacobuzio at www.triad-debtmanager.com.
Now in its 32nd year, InterACT will feature more than 80 sessions, including case studies, research results, industry panels and strategy discussions on how to manage rising debt levels, accelerate growth while managing risk, deal with new sources of competition, turn regulation from a cost to a competitive advantage, and aggressively combat new forms of fraud.
Participants will network with Fair Isaac advisors and industry peers from more than 30 countries in discussion groups and at other conference events. The InterACT Product Expo will offer opportunities to learn about the latest analytic and decision management technologies and strategies that can help businesses make smarter decisions across the customer lifecycle.
Registration for InterACT 2008 is open at www.fairisaac.com/interactsf.
About Fair IsaacFair Isaac Corporation (NYSE:FIC) combines trusted advice, world-class analytics and innovative applications to help businesses make smarter decisions. Fair Isaac's solutions and technologies for Enterprise Decision Management turn strategy into action and elevate business performance by giving organizations the power to automate more decisions, improve the quality of their decisions, 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.
Fair Isaac Statement Concerning Forward-Looking InformationExcept for historical information contained herein, the statements contained in this press release that relate to Fair Isaac or its businesses 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 Enterprise 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 for the year ended September 30, 2007, and quarterly report on Form 10-Q for the period ended December 31, 2007. 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.
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