Fair Isaac (R) Corporation, founded in 1956 and based in Minneapolis, Minnesota, develops analysis and decision management systems. Its products are employed by 2,600 companies across 60 countries. The firm's technology allows businesses to reduce fraud and credit losses, improve customer service processes, expand into new markets, and reduce operating costs. Fair Isaac is known for its Strategy Machine (TM) technology, available in hosted and site-based editions. The company serves banks, credit card issuers, insurers, retailers, telecommunications providers, health care organizations, and government agencies. Its FICO (R) scores, compiled through predictive modeling and other proprietary methodologies, are employed by Equifax, Experian, TransUnion, and other companies in measuring credit risk. Fair Isaac's Falcon (TM) Fraud Manager technology protects 85 percent of all United States credit card transactions. It protects 65 percent of transactions worldwide. The company's myFICO (R) service allows general consumers to manage credit. The firm developed its first automated credit account management systems in 1986. It acquired DynaMark in 1992. In 2000, the firm launched its LiquidCredit credit origination decision service. It merged with HNC Software in 2002. A year later, Fair Isaac acquired NAREX, Seurat Company, and Diversified HealthCare Services. Partners include IBM, Oracle (R), EDS, NCR's Teradata division, IDX (R), VISA, Siebel (R) eBusiness, and ASG (R) Software Solutions. The maintains additional offices across North and South America, Europe, Asia, and India. Fair Isaac is listed on the New York Stock Exchange under the FIC symbol. The company has won recognition from IDC, 'BusinessWeek,' 'Forbes,' 'Business 2.0,' 'Computer Business Review,' 'DM Review,' and 'American Banker.' Fair Isaac was founded by Bill Fair and Earl Isaac.