FICO Introduces More Predictive Scores For Auto Loans and Bank Cards

TransUnion is first credit reporting agency to offer FICO 08 industry scores to
address auto and bank card industry challenges
MINNEAPOLIS--(Business Wire)--
FICO (NYSE: FIC), the leading provider of analytics and decision management
technology, today announced the release of its newest FICO® scores targeted
specifically to the automobile lending and bankcard industries. Credit reporting
agency TransUnion is making the scores available to lenders and issuers under
the names FICO® Risk Score, Classic Auto 08 and FICO® Risk Score, Classic
Bankcard 08.

The new products are industry-focused versions of the FICO 08 score, launched
earlier this year. They improve upon the predictive performance of FICO industry
scores now in use while providing auto lenders and card issuers with refined
risk performance classification, enhanced segmentation capabilities, and
protection against authorized user account "piggybacking," while supporting
compliance with federal fair lending and credit reporting regulations.

Auto Score

The new FICO 08 score for auto loans is expected to provide a significant
increase in predictive power compared to previous versions of the FICO scoring
model. Using the new score, auto lenders may be able to identify as many as 5
percent to 15 percent more potential delinquencies among consumers as they could
with the previous FICO auto score. Use of the scores can help lenders make
better informed decisions to as they seek to increase account bookings while
reducing delinquencies and losses.

Bankcard Score

The new FICO scoring model for bankcards is designed to give card issuers
greater predictive capabilities in their origination and account management
decisions. Product validation testing found that the new scores could
potentially increase issuers` delinquency prediction rates by 6 percent to 12
percent compared to the previous FICO bankcard score. In addition, the new score
includes refinements to address non-prime consumers and those with thin credit
histories.

"Auto lenders and bankcard issuers today face a similar challenge - the need to
grow their business with good customers while cutting their risks and losses,"
said Lisa Nelson, vice president of Global Scoring at FICO. "That is why we took
the initiative to make the FICO 08 score more precise and predictive than ever
before, and now we`ve further refined it to address the specific needs of these
two industries. Clients who have been using our auto and bankcard scores can
convert to the new scores with only minimal implementation changes."

To further ease the transition, the new FICO auto and bankcard scores retain the
same scoring range, score reason codes, minimum scoring criteria, and inquiry
treatment as previous versions of the scores.

About FICO

FICO (NYSE:FIC) 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. Learn more about FICO at www.fico.com.

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, 2008, and its last
quarterly report on Form 10-Q for the period ended December 31, 2008. 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 registered trademark of Fair Isaac Corporation in the United States
and in other countries.

Media Contact:
Steve Astle
Fair Isaac Corporation
415-446-6204
stephenastle@fairisaac.com
or
Chris Groppa
Fleishman-Hillard
312-751-4193
chris.groppa@fleishman.com
or
Investors:
John Emerick, Jr.
Fair Isaac Corporation
612-758-5560
johnemerick@fairisaac.com

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