Standard Bank adopts Fair Isaac's TRIAD System to improve credit risk management strategies

Industry-Leading Portfolio Management Solution Gives Top South African Lender Ability to Quickly Develop and Deploy More Profitable Account Strategies

MINNEAPOLIS, MN, Jan. 19, 2005 -- Fair Isaac Corporation (NYSE:FIC), the leading provider of analytics and decision technology, today announced that Standard Bank, South Africa's largest financial institution, is implementing Fair Isaac's TRIAD(TM) adaptive control system to improve risk assessment and profitability in its credit card division.

Standard Bank will replace its existing credit risk management software with TRIAD 7, which integrates predictive analytics, decision-making software, expert strategy consulting and the most advanced decision engine technology to help lenders automate and execute account management decisions across the enterprise. In addition to applying consumers' credit card behavioral data to drive improved credit risk decisions, TRIAD will enable Standard Bank to more efficiently manage credit lines and overdue accounts and customers, and will help minimize transactions needing further intervention.

"We chose Fair Isaac and PIC Solutions as our partners in this project because of their superior expertise in the South African financial services community, and the globally proven flexibility and predictive power of Fair Isaac's TRIAD technology," said Douglas Walker, Director of Card Credit at Standard Bank. "TRIAD enables a much more informed and focused approach to serving our credit card portfolio and customers, and helps ensure that our credit card strategies and policies provide us with a distinct advantage in a competitive banking environment."

TRIAD consultants from PIC Solutions, Fair Isaac's reseller in Africa and the Middle East region, will work with Standard Bank and Fair Isaac in the design, implementation and ongoing management of TRIAD in the bank's credit card division. The PIC team currently consults with 11 TRIAD clients in South Africa.

"Standard Bank's selection of TRIAD helps ensure that the bank will remain at the leading edge of credit card risk management technology in the Republic," said Andrew Jennings, vice president of Global Account Management Solutions at Fair Isaac. "TRIAD is specifically designed to make analytics simple to implement and easily leveraged in tactical decision strategies. As a result, TRIAD will deliver significant business benefits to Standard Bank."

The "champion/challenger" feature of Fair Isaac's TRIAD adaptive control system provides a managed learning environment that evaluates, compares and applies strategies that produce the best results on smaller segments of accounts. New winning strategies can then be applied to larger segments, thereby driving improved overall decision performance and portfolio profitability. The solution's reporting feature enables continual refinement of strategies by monitoring and measuring results.

As the world's leading portfolio management system, Fair Isaac's TRIAD software has helped improve an estimated 44 billion account and customer management decisions annually. Globally, 65 percent of the world's credit card volume is managed using a Fair Isaac adaptive control system. TRIAD addresses delinquency problems, helps manage internal resources and keeps customers satisfied with the lender's products.

About Standard Bank

Standard Bank Group Limited (Stanbank), the holding company of one of the leading banking and financial services groups based in South Africa today, was first listed on the JSE Securities Exchange in 1970. Rooted in Africa and with strategic representation in key sub-Saharan and other emerging markets, Standard Bank is a bank with a global sweep. The holding company is based in Johannesburg, South Africa, and is listed on the JSE Securities Exchange (JSE) as Standard Bank Group Limited. The group delivers its services through more than 700 points of representation throughout South Africa. Standard Bank's network spans 16 other African countries and extends to 21 countries on other continents, including the key financial centres of Europe, the United States and Asia.

About PIC Solutions

PIC Solutions provides customer management solutions to a wide range of blue-chip organizations. They are experts in the fields of credit, risk and marketing and have an established track record of success powered by solutions. PIC Solutions is the Fair Isaac reseller for the Africa and Middle East region, and from offices in Cape Town and Johannesburg provides sales and support for a wide range of Fair Isaac products and services. This includes consulting, project management, integration services, first line software support and ongoing maintenance. PIC Solutions' ongoing commitment is to enable clients to optimize the credit life cycle of their businesses.

About Fair Isaac

Fair Isaac Corporation (NYSE:FIC) is the preeminent provider of creative analytics that unlock value for people, businesses and industries. The company's predictive modeling, decision analysis, intelligence management, decision management systems and consulting services power billions of mission-critical customer decisions a year. Founded in 1956, Fair Isaac helps thousands of companies in over 60 countries acquire customers more efficiently, increase customer value, reduce fraud and credit losses, lower operating expenses and enter new markets more profitably. Most leading banks and credit card issuers rely on Fair Isaac solutions, as do insurers, retailers, telecommunications providers, healthcare organizations and government agencies. For more information, visit

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 TRIAD adaptive control system 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 unforeseen 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 on Form 10-K for the year ended September 30, 2004. 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.

Fair Isaac, TRIAD and FICO are trademarks or registered trademarks of Fair Isaac Corporation, in the United States and/or in other countries. Other product and company names herein may be the trademarks of their respective owners.

John Emerick, 800-213-5542 (Investors & Analysts)
Angela Carlson, 415-492-5373 (Media)

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