FICO Receives "Best-in-Class" Designation in Enterprise Fraud Management Assessment

SAN JOSE – January 17, 2013 – FICO (NYSE: FICO), the leading provider of predictive analytics and decision management technology, today announced that FICO^® Falcon^® Fraud Manager has received a “best-in-class” designation in all four enterprise fraud management solutions categories in a new CEB TowerGroup report. FICO received the designation for fraud detection, workflow management, business process improvement and enterprise support.

The CEB TowerGroup report cites the ability of FICO Falcon Fraud Manager to enable financial institutions to identify and prevent high-risk transactions and behaviors across the enterprise, streamline and automate the fraud management workflow, and continuously refine detection capabilities and respond to emerging threats.

“FICO Falcon Fraud Manager and other leading solutions leverage Big Data analytics, and enable enterprises to implement fraud detection systems that are attuned to the different types of fraud,” said Jason Malo, research director at CEB TowerGroup. “This leads to increased fraud detection rates, lower false positives, improved ability for internal teams to manage alerts, and provides the opportunity to appropriately engage consumers without alarming or overwhelming them.”

"We are seeing banks worldwide renew their focus on enterprise fraud management and increased consumer protection, particularly in their efforts to create a consistent and positive customer experience across products and channels," said Doug Clare, vice president of product management at FICO. "Our clients are especially drawn to our breakthroughs in adaptive analytics, global profiling, self-calibrating outlier analytics, and other self-learning analytic technologies that are helping them stay ahead of increasingly sophisticated financial criminals while keeping false-positives low."

FICO^® Falcon^® Fraud Manager is the most accurate and comprehensive solution for detecting and preventing fraud across products, channels, and access points - reducing losses by up to 50 percent. Protecting more than 2,5 billion financial accounts worldwide, Falcon Fraud Manager detects fraud while minimizing operational costs and enhancing the customer experience. FICO Falcon Fraud Manager is the centerpiece of FICO’s solution set for enterprise fraud management.

Sobre 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 www.myFICO.com.

FICO: Make every decision count™.
For FICO news and media resources, visit www.fico.com/news.

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. 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, Falcon and “Make every decision count” are trademarks or registered trademarks of Fair Isaac Corporation in the United States and in other countries.

Technology Assessment Disclaimer
CEB does not endorse any vendor, product or service depicted in our CEB TowerGroup publications and does not advise technology users to select only those vendors rated "best in class." CEB TowerGroup research publications consist of the opinions of CEB TowerGroup's analysts and should not be construed as statements of fact. CEB disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.