FICO (NYSE:FICO), the leading provider of analytics and decision management technology, announced that Permata Bank, a leading Indonesia financial services organization with 1.9 million retail banking clients across 55 cities, is adopting FICOTM Falcon® Fraud Manager to control fraud in its debit and credit card portfolios.

Permata Bank’s implementation of FICO™ Falcon® Fraud Manager – the first bank to do so in Indonesia -- will help the bank combat the USD 33 million annual industry loss faced by Indonesian banks.

FICO™ Falcon® Fraud Manager will support Permata Bank’s goals to improve fraud prevention, detection, investigation, recovery and remediation. Permata Bank will use Falcon’s real-time fraud capabilities to score debit and credit card transactions as they occur. Based on these scores, Permata Bank will be able to stop the highest-risk transactions if needed, without slowing down transaction speeds for legitimate transactions. This approach has been demonstrated to be a powerful deterrent to fraudsters, who can literally be stopped at the point of sale.

FICO TM Falcon® Fraud Manager uses neural network models that analyze transaction behavior and spending pattern to produce a fraud risk score. This synthesized intelligence system is based on billions of payment card transactions, allowing Falcon to detect fraud characteristics specific to the portfolio of Permata Bank.

Leila Djafaar, Head Corporate Affairs PermataBank said, “Our goal is to ensure our customers are protected from the emerging threat of card fraud with best-in-class solutions. We chose FICO Falcon Fraud Manager because it is the most accurate and comprehensive solution for detecting payment card fraud. We will continue to live up to our commitment to offer innovative solutions that best meet the needs of Permata Bank’s customers.”

“With almost 50 million credit and debit cards in Indonesia, it is now more important than ever for effective fraud management to protect card issuers and consumers,” said Dattu Kompella, managing director and head of FICO for Australia, ASEAN and India. “Permata Bank is using market-tested fraud protection technology, which we expect will have an impact on fraud levels in Indonesia. Fraudsters are opportunistic, so we expect some migration of fraud activities as the criminals shift their activities to other banks and other regions.”

FICO and its Indonesian partner Astra Graphia Information Technology (AGIT)—a leading provider of information and communication technology for businesses in Indonesia—will work with Bank Permata to implement the technology in 2011.

“In our efforts to consistently deliver value to our customers with innovative products and excellent service, FICO has proven a terrific partner,” said Felix Dani, chief of partner relationship management, AGIT. “FICO Falcon Fraud Manager was chosen for its proven reliability and the real time analytics capabilities.”

FICO Falcon Fraud Manager is recognized as the leading global payment card fraud detection system, reducing losses by up to 50 percent. Around the world, 17 of the top 20 credit card issuers rely on the FICO Falcon system to protect transactions for more than 2.1 billion active card accounts.

About PermataBankPT Bank Permata Tbk (PermataBank) is the result of a merger of 5 (five) banks, PT. Bank Bali Tbk, PT. Bank Universal Tbk, PT. Bank Prima Express, PT. Bank Artamedia and PT Bank Patriot in 2002, and today has grown into a major private bank that offers products and services, innovative and comprehensive delivery channels including Internet Banking and Mobile Banking. PermataBank has aspirations to become a leading financial services provider in Indonesia, with a focus on Consumer and Commercial segment. Serving approximately 1.9 million customers in 55 cities in Indonesia, the Bank has 275 branches (including 10 sharia branches) and 610 ATMs with additional access at more than 2,000 ATMs (VisaPlus, Visa Electron, MC, Alto, ATM Bersama , ATM BCA).

The recognition of recent achievements PermataBank are awards from Bisnis Indonesia as The Best National Bank 2010, The Most Profitable and The Most Efficient Sharia Unit 2009 from The Islamic Award Nite 2010, The Asian Banker “The Bank with the Best Cash Management in Indonesia” in 2010, The Most Prestigious Carre 'in the CCSL's Annual Call Center Award 2010 for five times in a row, ranked first Annual Report Award 2008 for the categories listed private banks and the overall champion "Annual Report Award in 2008 for all categories, the first rank the best e-Company Award 2008 for all categories, Corporate Governance Award for Best equitable treatment of Issued The Business Review, the Association of Indonesian Listed Companies and the IICD, second place Best CEO in Asia Best Managed Companies and eight great The Best Corporate Governance in Asia Best Managed Companies from Finance Asia Magazine, Islamic Finance Awards & CUP 2009 (IFAC 2009), ranked first by category of assets UUS> Rp1 trillion and ranked first most profitable companies for asset kategoti> Rp1 trillion, from Karim Business Consulting, Banking Service Excellence Awards 2009 (10 conventional and sharia 7) of the MRI & Described, from MURI Award for saving unison in 12 cities for the student, the Prestigious Service Quality Award in 2009 from Diamond Carre - Center for Service Satisfaction & Loyalty (CCSL) & Marketing Magazine and Banking Business Efficiency Award 2009 from Indonesia. Corporate website can be accessed at

About PT ASTRA GRAPHIA INFORMATION TECHNOLOGYAstra Graphia Information Technology (AGIT) is a leading Information and Communication Technology solutions provider in Indonesia. Combining its wide range of ICT portfolios, trusted skillful professionals and proven track records in various industries including Banking and with good reputation in managing large and complex ICT projects especially for SAP Implementation, Systems Integration and Outsourcing Projects, AGIT will take care your IT to allow you attaining the business growth.

AGIT is a subsidiary of PT Astra Graphia, Tbk. ( Astragraphia) - a member of ASTRA family. Founded in 1976, Astragraphia is an IT-based Business Solutions provider with Fuji Xerox as its main partner. Listed in Indonesia Stock Exchange (IDX:ASGR) in 1989, Astragraphia has 75 service points distribute in 21 branches across Indonesia.

About FICOFICO (NYSE:FICO) 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 website. Learn more about FICO at

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, 2010. 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 trademark or registered trademark of Fair Isaac Corporation in the United States and in other countries.

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