Alaric launches new version of Fractals for payment fraud detection

Wednesday 17 December 2014 00:56 CET | News

Alaric, an NCR business, has released the latest version of its Fractals intelligent fraud detection solution.

The latest version of Fractals incorporates new features to deliver fraud detection and prevention. The Fraud Integration Hub, part of the Fractals solution, now brings together intelligence from specialized sources such as mobile geo-location, IP intelligence and device reputation to provide data that is centralized and able to be used for the analysis of any monetary or non-monetary event coming to the system.

Fractals uses a combination of self-learning models and user defined rules to tackle any type of transactional fraud problem. It is used around the world by issuers, acquirers, processors, networks, PSPs, ISOs and merchants, for all retail payment types. The new release includes cross product, cross channel, enterprise fraud detection and prevention.

NCR Corporation is a global provider of consumer transaction technologies, turning everyday interactions with businesses into exceptional experiences. With its software, hardware, and portfolio of services, NCR enables more than 485 million transactions daily across retail, financial, travel, hospitality, telecom and technology, and small business.

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Keywords: Alaric, Fractals, payment fraud detection, web fraud, online security, mobile geo-location
Categories: Fraud & Financial Crime
Countries: World
This article is part of category

Fraud & Financial Crime

Industry Events