FICO and EVERTEC Team Up to Combat Fraud Threat in Puerto Rico and the Caribbean

    FICO and EVERTEC Team Up to Combat Fraud Threat in Puerto Rico and the

Puerto Rico's leading ATM network to use FICO Falcon Fraud Manager and FICO
Card Alert Service to detect and reduce payment card fraud

PR Newswire

MINNEAPOLIS, Dec. 11, 2012

MINNEAPOLIS, Dec. 11, 2012 /PRNewswire/ --FICO (NYSE: FICO), the leading
provider of predictive analytics and decision management technology, today
announced a new agreement with EVERTEC Group, LLC to use the FICO^® Card Alert
Service to protect and defend against counterfeit card and skimming fraud in
Puerto Rico. A longstanding FICO client, EVERTEC is also upgrading to FICO^®
Falcon^® Fraud Manager 6.3, the latest version of the world's leading payment
fraud solution.


EVERTEC operates the ATH^® Network, the leading debit payment and automated
teller machine (ATM) network in Puerto Rico. EVERTEC executes more than 1.2
billion transactions annually, and operates networks of more than 4,900 ATMs
and more than 107,000 point-of-sale payment terminals in Puerto Rico and the
Caribbean. EVERTEC will use the FICO Card Alert Service for early
identification and reporting of suspected counterfeit card and skimming fraud
for its ATH^® Network. The FICO Card Alert Service combines powerful
predictive analytic software with investigative techniques to help
organizations fight ATM fraud that originates from counterfeit card and PIN
skimming. It protects 11,000 U.S. financial institutions against counterfeit
fraud, including the top 25 banks and seven payment processing networks.

"EVERTEC is upgrading its fraud offering for our ATH Network members with
strong tools to defend against payment card fraud including counterfeit cards
and skimming fraud," said Jorge Hernandez, senior vice president at EVERTEC.
"Falcon Fraud Manager and FICO Card Alert Service are the most up-to-date
solutions for protecting our clients and their customers from fraud losses."

"Payment card fraud remains a significant problem worldwide, especially with
increases of counterfeit and skimming fraud," said Doug Clare, vice president
of product management at FICO. "For 20 years FICO has helped issuers stay
ahead of criminals. By partnering with FICO, EVERTEC will be able to protect
and defend the financial institutions participating in its ATH Network from

EVERTEC is upgrading to FICO® Falcon® Fraud Manager 6.3 to improve fraud
prevention, detection, investigation, recovery and remediation to its card
processing customers. EVERTEC uses Falcon's real-time fraud capabilities to
score debit and credit card transactions as they occur. This approach has been
demonstrated to be a powerful deterrent to criminals, who can literally be
stopped at the point of sale.

The FICO® Card Alert Service identifies and reports counterfeit payment cards
to issuers before the majority of them incur fraud losses. Operating in a
cloud environment, the service analyzes daily transactions across multiple
financial institutions via EFT Network feeds. This data is used to pinpoint
compromised ATMs and other devices, and alert card issuers about their cards
that may have been affected. In doing so, large inventories of counterfeit
cards are isolated and reported to appropriate issuers prior to suffering
fraudulent authorization attempts.

About EVERTEC Group, LLC
EVERTEC is the leading, full-service transaction processing business in Latin
America and the Caribbean. Based in Puerto Rico, EVERTEC provides a broad
range of merchant acquiring, payment processing and business process
management services across 19 countries in the region. EVERTEC processes over
1.2 billion transactions annually, and manages the electronic payment network
for over 4,900 automated teller machines ("ATM") and over 107,000
point-of-sale payment terminals. EVERTEC is the largest merchant acquirer in
the Caribbean and Central America and the sixth largest in Latin America.
EVERTEC owns and operates the ATH network, one of the leading ATM and personal
identification number debit networks and financial services brands in Latin
America. In addition, EVERTEC provides a comprehensive suite of software and
services for core bank processing, cash processing and technology outsourcing.
EVERTEC serves a broad and diversified customer base of leading financial
institutions, merchants, corporations and government agencies with mission
critical technology solutions.

EVERTEC is 51% owned by an affiliate of Apollo Global Management, LLC, a
leading private equity investor, and 49% owned by Popular, Inc., the largest
financial institution in Puerto Rico and the Caribbean. For more information
about EVERTEC, please visit

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 Learn
more at FICO: Make every decision count^™.

For FICO news and media resources, visit

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 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. Other product and company names herein may be trademarks of their
respective owners.


Contact: Media: Elisabeth Hershman for FICO, +1-212-289-6734,; or Investors: Steven Weber, 800-213-5542,
Press spacebar to pause and continue. Press esc to stop.