At Fair Isaac it’s business as usual — without the comma
This April, Fair, Isaac and Company, Incorporated, became Fair Isaac Corporation. "The new name is a simplification and modernization of our corporate name,” says Fair Isaac CEO Tom Grudnowski. “The simplified name continues to leverage the heritage and equity of the Fair and Isaac names, while eliminating unnecessary punctuation.” The shorter corporate name also maps more clearly to our NYSE symbol — FIC. The name change will be reflected in business cards, legal and benefits references, contracts and other documents.


Version 5.0 of Blaze Decision System improves performance on a wider variety of platforms
Fair Isaac's recently announced version 5.0 of Fair Isaac Blaze Decision System™ software adds significant power to the software's ability to build, automate and improve business decision processes across an enterprise. "The new version adds improvements that make the software easier to use for large-scale production systems in more of the computing environments favored by modern enterprises," says Jeff Oulton, vice president, market offering management, Analytic Software Tools, at Fair Isaac. Performance and application maintenance have been improved for a variety of operating platforms. The new release also improves team development efficiency with advanced version management and shared, reusable libraries of customer-developed components. Version 5.0 is available immediately worldwide.


Canadian Bank adopts TRIAD 7.0 as platform to service Visa accounts at TSYS
Canadian Imperial Bank of Commerce's (CIBC), Canada's largest issuer of Visa and general purpose credit cards, will use TRIAD™ adaptive control system 7.0 as the single strategy engine platform to service more than 5 million Visa credit card accounts at TSYS. The three-year agreement builds upon Fair Isaac's existing relationship with CIBC. CIBC has been using the client-installed version of TRIAD to manage its card portfolio for nearly a decade, and will transition its accounts to TRIAD 7.0 at TSYS by early 2003.

"We are delighted to broaden our relationships with CIBC through this new agreement," said Andrew Jennings, Fair Isaac vice president of Strategy Machines — Lifecycle Solutions. "Our TRIAD 7.0 platform provides CIBC with the ability to improve account profitability while conveniently managing and processing every credit card account through one system."



Providian selects TRIAD to process accounts for 12 million consumer card port
Providian National Bank will utilize the TRIAD™ adaptive control system at TSYS to streamline its account management processes and achieve greater efficiencies in managing the risk exposure of its portfolio of 12 million consumer cards.

"Fair Isaac's TRIAD platform marks another important step in improving the effectiveness of our account management operations," said Richard Lewis, chief credit officer at Providian. "This industry-proven solution will help refine our account management strategies while strengthening our customer value and overall portfolio performance."



BEACON 5.0 coming to Equifax in May
The latest redevelopment of the BEACON® risk score will be generally available in early May 2003. BEACON 5.0 offers more refined risk prediction and is more consumer friendly due to improved inquiry logic — including lengthening the deduplication window; bypassing non-telephone utility inquiries; and treating auto and mortgage inquiries separately from other inquiries to avoid rate-shopping penalization. BEACON 5.0 is compliant with CA SB1607 and will always return at least one reason code for scores that are less than maximum. For more information, please contact cbhelp@fairisaac.com.