Fair Isaac Reaffirms Commitment to Detection and Prevention of Payment Card Fraud in UK

Fair Isaac Reaffirms Commitment to Detection and Prevention of Payment Card Fraud in UK

During Falcon User Group Forum in London, leading provider of analytics and decision technology announces category sponsorship of The Card Awards 2008

LONDON – July 11, 2007 – Fair Isaac Corporation (NYSE:FIC), the leading provider of analytics and decision management technology, today announced its category sponsorship of The Card Awards 2008 at the company’s EMEA Falcon User Group in London.

The Card Awards, which launched the Call for Entries this week, recognise innovation, best practice and customer excellence in the card payment industry in the United Kingdom and Republic of Ireland. Fair Isaac is sponsoring the “Best Security or Anti-Fraud Development” category and will present a trophy to the winner at the Awards Ceremony on 31st January 2008 at The Grosvenor House Hotel in London. For this category, an independent judging panel will review entries from issuers of credit, debit, pre-paid or charge cards and banking acquirers who have developed innovative solutions that either have improved the security of customers’ transactions at any stage of the payment process, or have protected the customer from internet and other customer-not-present fraud, identity theft, and card interception.

“The UK and Irish card markets have become more challenging than ever before, and the emergence of new technology and its application is providing fresh opportunities to all sides of the payment card industry,” said Martin Fielding, CEO of The Card Awards. “The Card Awards give the industry the opportunity to showcase examples of responsible practices and outstanding performance. Category support from industry leaders such as Fair Isaac demonstrates the industry’s desire to recognise these achievements within one of the most dynamic sectors in Europe.”

Fair Isaac has worked with leading card issuers throughout the UK to help them achieve the full potential of their fraud management programs. The company’s global fraud detection products and services include advanced analytic technologies, consulting services and fraud reduction partnerships. As the leading global fraud detection solution, Fair Isaac’s Falcon™ Fraud Manager minimises fraud losses by predicting the likelihood that a transaction is fraudulent. It analyses transactions in real time and generates recommendations for immediate action, which is critical to stopping fraud at an early stage, often before the cardholder knows that a card has been compromised. Falcon currently protects nearly 900 million payment cards worldwide from fraud.

Today Fair Isaac kicked off its biannual EMEA Falcon User Group Forum for organisations that utilise Falcon to detect and prevent fraud and deliver fraud protection to their customers. The two-day forum at the Hilton London Tower Bridge Hotel provides attendees with valuable insight into how they can derive full value of their investment in Falcon and make the best use of strategies to improve performance. Fair Isaac experts also will share best practices for fraud management and the company’s latest innovations to the Falcon system.

“We welcome the chance to share our experiences of Falcon with Fair Isaac and with fellow users, and to learn more about Fair Isaac’s future product development,” said Gordon McFadyen, Manager, Fraud Prevention at HBOS Card Services.

“Leading financial institutions in the UK realize that implementing industry best practices and proven solutions will substantially curb fraud and allow them to significantly reduce their losses,” said Tony Zarrella, vice president of Global Fraud Solutions at Fair Isaac. “Fair Isaac is deeply committed to providing card issuers with the most innovative and advanced fraud detection solutions available. We look forward to empowering our clients with deeper knowledge of Falcon to help them drive competitively superior results. And we are delighted to be associated with a prestigious industry event such as The Card Awards that helps shape the future of fraud risk management.”

More information on the categories, eligibility and entry procedure for The Card Awards 2008 can be found at www.thecardawards.com.

About Fair Isaac
Fair 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. Learn more about Fair Isaac at www.fairisaac.com.

Fair Isaac Statement Concerning Forward-Looking Information
Except for historical information contained herein, the statements contained in this press release that relate to Fair Isaac, including statements regarding its Falcon™ product offering and the benefits to be derived from this offering 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 any unforseen technical difficulties related to the implementation, use and functionality of the offering, the risks that customers will not perceive material benefits from the offering, failure of the product to deliver the expected results, the possibility of errors or defects in the offering, regulatory changes applicable to the use of consumer credit and other data, and other risks described from time to time in Fair Isaac’s SEC reports, including its Annual Report for the year ended September 30, 2006, and quarterly report on Form 10-Q for the period ended March 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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