San Rafael, Calif.-based Fair, Isaac and Co. Inc. (NYSE:FIC) announces that it will implement Eastern Europe's first automated credit decision platform at Warsaw-based Kredyt Bank S.A., one of Poland's leading financial institutions. The new, state-of-the-art system will allow the bank to consistently and quickly assess risk for all of its consumer and small business portfolios, as well as make more profitable and more customer-centric lending decisions. Under terms of the agreement, Fair, Isaac will integrate its StrategyWare decision engine for account origination and credit application models as part of the overall solution, which is expected to be operational sometime in the fourth quarter of this year. StrategyWare affords credit grantors powerful adaptive control capabilities to improve origination decisions by designing, testing, and executing complex decision strategies, without relying on programming support. Founded in 1990, Kredyt Bank S.A. is one of the leading ten banking groups located in Poland by total assets. For additional information, please go to www.fairisaac.com.
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