MicroBilt to distribute Fair Isaac's Falcon ID fraud protection system

Source: Fair Isaac Corporation

Fair Isaac Corporation (NYSE:FIC), the leading provider of analytics and decision technology, and MicroBilt Corporation, an information provider that helps banks and businesses reduce risk, today announced that MicroBilt will become the first reseller of Fair Isaac's Falcon ID solution to the financial services industry.

Falcon ID delivers the industry's most comprehensive and proven approach to preventing identity fraud, reducing losses and protecting consumers for any industry in which identity verification is critical.

"This agreement with Fair Isaac allows us to offer a solution that delivers more complete identity fraud protection and an improved customer experience," said Ken Hill, president of MicroBilt. "We are pleased to build upon our existing relationship with the global leader in fraud detection technology, and we're proud to be among the first to offer Falcon ID to a marketplace concerned by the growing frequency of identity theft."

Falcon ID enables businesses to achieve new levels of effective identity fraud detection by applying an unprecedented depth of predictive data from both internal and external sources, and delivers an accurate determination of identity fraud risk while enabling smoother processing of applications and transactions of genuine customers. The solution seamlessly integrates with and complements MicroBilt's existing application processing and decisioning applications, enabling lenders of all sizes to decision critical information and take proactive measures to reduce fraud risk and approve more good business.

"MicroBilt is well positioned to help lenders easily tap into Falcon ID's powerful fraud-fighting capabilities," said Ted Crooks, vice president of Global Fraud Solutions for Fair Isaac. "Our joint customers will benefit from a cost-effective solution that consistently and accurately identifies potentially fraudulent activities and substantially reduces identity fraud exposure."

The agreement extends an existing reseller partnership between the companies that includes providing FICO® Expansion and myFICO.com consumer products to joint customers.

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