CO-OP now protects 9.7 mln accounts, COOPER Fraud Analyzer monitors 113.6 mln transactions


COOPER Fraud Analyzer uses rules, decisioning, and reporting to identify suspicious transactions, enabling the issuer credit union to review the activity and verify with the member. Moreover, with each new case, the details of the transaction get fed back into the database, which allows COOPER to ‘learn’ from the experience, adding another layer of intelligence to the system. COOPER Fraud Analyzer is part of CO-OP Shared Branch services, and it protects transactions at 5,710 branch locations throughout the US. 

Later in 2020, COOPER Fraud Score will be unveiled, which is meant to be integrated with existing CO-OP tools and provide a new transaction risk score. The risk score will be generated by ML, driven by data proprietary to CO-OP, and will utilise models developed by CO-OP staff. 


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