With the recent merger of Fair Isaac and HNC software, InterACT 2003 in San Diego — June 8–11 — is the forum for learning how advanced business analytics, decision software tools and targeted customer treatment can help you stay ahead. Highlights include case-study sessions by business leaders from major global companies and keynote speaker, bestselling author and consumer credit expert Suze Orman.

Fair Isaac's Next Generation FICO® credit risk scores are gaining strong support in the mortgage lending industry. Standard & Poor's will utilize NextGen FICO scores in its LEVELS™ Version 5.6 mortgage analytics model. In addition, leading consumer columnist Ken Harney in the Washington Post reported on NextGen's superior predictive power and fairness, encouraging consumers to ask lenders if they use the NextGen score.

Origination managers around the world are now being presented with the benefits of last year's Fair Isaac and HNC merger. Fair Isaac's investment in integrating complementary technologies has resulted in seamless communication between its StrategyWare® and Capstone® Decision Manager systems, giving origination managers more powerful strategies, processing and decisioning capabilities.

The initial in-market test results of the application of Strategy Science to the customer acquisition space show double-digit gains in profits for both booked and mailed accounts. The ongoing project, for a major US credit card issuer, is producing profit gains of 10% per mailed account and 35% per booked account.

Fraud costs telecommunications carriers around the world $15 billion annually. NTL, the United Kingdom’s #1 broadband company took an aggressive approach to turning around fraud loss and reached ROI in four months.

In recent years, credit portfolio managers have realized the need to focus on profit management — not just risk management — when setting score cutoff strategies. Darryl Knopp, Fair Isaac Global Custom Analytics, gives practical advice for addressing some of the more difficult questions in the efficient frontier methodology.

Payment card fraud — especially cross-border fraud — in Europe has risen sharply. As the first client to utilize Fair Isaac's Falcon™ Fraud Manager and Fraud Predictor with Merchant Profiles, Visa EU will provide Issuing Members of any size a simple, cost-effective method to substantially mitigate fraud losses.