One Place Capital Speeds Equipment Financing Decisions for Medical Practices with Cloud-Based FICO Analytics

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SAN JOSE, Calif. – May 30, 2013 – FICO (NYSE: FICO), a leading predictive analytics and decision management software company, today announced that One Place Capital, a division of Bank Midwest, is using the cloud-based FICO® LiquidCredit® service to speed equipment financing decisions for medical, dental and veterinary practices. The FICO solution enables One Place Capital to accelerate the approval of credit applications in minutes, not days, and improve the satisfaction of the medical equipment vendors it works with as well as practitioners.

One Place Capital is using the FICO LiquidCredit platform with the FICO® Small Business Scoring ServiceSM (SBSSSM) solution, which includes predictive models built specifically to assess small business credit risk. With this solution, One Place Capital can offer faster decisions to medical, dental and veterinary practitioners through process automation and instant risk assessment.

"It used to take a day and a half to make a financing decision before FICO LiquidCredit — today we can make that decision in 15 minutes,” said Scott Stewart, President at One Place Capital. “This agility makes us more efficient, more profitable, and more valuable to our Healthcare equipment vendor partners, clearly helping them reduce their sales cycles”.

“The health care business moves at a very fast clip, and demand for credit from medical practices is intense,” said Bill Waid, general manager, Americas at FICO. “Using FICO LiquidCredit, One Place Capital can respond to this demand with credit offers closely tailored to each applicant’s needs, thereby supporting its customers’ growth along with One Place Capital’s own growth and competitive strength.”

The FICO® LiquidCredit® service -- a cloud-based automated origination platform -- is used by hundreds of lenders to accurately decision and price credit offers. Combined with the FICO® Small Business Scoring Service®, it gives lenders greater flexibility when lending to small businesses by drawing on multiple data sources and more than 100 combinations of consumer and business risk scoring models.

About One Place Capital
One Place Capital has strong roots in the Midwest with over 35 years of market experience and offers a unique blend of personal service and competitive equipment financing nationwide. Through partnerships with equipment vendors and direct relationships with office-based practitioners, One Place Capital specializes in equipment financing for physicians, dentist and veterinarians. The company is a division of Bank Midwest, an employee-owned financial institution with assets of $675 million. Serving communities in Minnesota and Iowa for nearly a century, Bank Midwest offers a full-service financial portfolio providing bank, insurance and wealth management services.

About FICO
FICO (NYSE:FICO) 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 FICO® Score — the standard measure of consumer credit risk in the United States — along with industry-leading solutions for 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 also helps millions of individuals manage their personal credit health through

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, 2012 and its last quarterly report on Form 10-Q for the period ended March 31, 2013. 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, LiquidCredit, Small Business Scoring Service, SBSS 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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