Garanti Bolsters Enterprise Fraud Protection with FICO System

LONDON—June 29, 2011—FICO (NYSE:FICO), the leading provider of analytics and decision management technology, today announced that Garanti Bank, Turkey's second-largest private bank, will use a suite of fraud management solutions based upon FICO™ Falcon^® Fraud Manager 6 to protect all cards products, consumer loans, credit card applications and current account / DDA transactions.

Garanti has fought fraud for five years using FICO solutions that analyze card transactions, credit applications, merchant profiles and Internet banking transactions. Now Garanti is upgrading to the latest version of FICO™

Falcon^® Fraud Manager in order to expand its use of FICO fraud technology across all transaction channels at the bank, including current / DDA accounts. Garanti will use FICO’s fraud solutions to protect customers in Turkey, and plans to expand protection to customers in Romania.

"We've managed to reduce our fraud-related losses in recent years despite an increase in fraud attempts," said Beyhan Kolay, senior vice president, who leads Garanti Bank's Anti-Fraud Monitoring Department. "Looking ahead, we'll be expanding our use of FICO fraud management solutions, taking advantage of the new analytic capabilities in FICO Falcon Fraud Manager 6 to detect more fraud attempts while expanding protection to our customers' current accounts."

Garanti Bank is seen as a leader in combating fraud in Turkey, which sees a high rate of card fraud and other fraud types. According to Euromonitor, card fraud in Turkey reached 27,9 million Turkish lira (USUSD 17,7 million) in 2010, a 20 % rise since 2003. Garanti Bank formed the Anti-Fraud Monitoring Department in 2007, uniting teams focused on credit card, merchant, Internet and application fraud. Garanti adopted an enterprise fraud prevention approach to find more effective solutions and measures against fraudulent activities, which are becoming increasingly sophisticated. In its 2010 annual report, Garanti reported a year-on-year decrease in fraud losses, despite a rise in attempts.

"FICO is the leader in fraud management technology, and we partner with them across our business," said Hüsnü Erel, the chief information officer of Garanti Bank and chief executive officer of the Garanti Technology division. "Stopping criminals from robbing our customers, and thus our shareholders, remains a top priority for the bank."

"A bank's fraud protection is only as strong as its weakest link, which criminals are quick to find and exploit," said Mike Gordon, FICO vice president and managing director for Europe, the Middle East and Africa. "Garanti Bank is at the forefront of banks using a single platform to detect more fraud and protect all customer accounts."

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 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.
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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, 2010 and its last quarterly report on Form 10-Q for the period ended March 31, 2011. 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.

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