IRIS Analytics enables Cartes Bancaires payment security

Thursday 8 January 2015 09:55 CET | News

IRIS Analytics has joined forces with Société d’Exploitation de Réseaux et de Services Sécurisés (SER2S), a subsidiary of Groupe Cartes Bancaires.

The partnership will see to the deployment of a network-based transaction scoring system that tightens security for more than 75% of French payment cards. The product has been supplied and configured by IRIS Analytics for SER2S to address new fraud patterns and schemes that are difficult to detect with the deployment of traditional fraud prevention measures.

The adoption of IRIS comes as accelerating card transaction rates in the French economy make room for evolving fraud attacks. The IRIS system has been operational since April 2014.

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Keywords: IRIS Analytics, Cartes Bancaires, payment security, fraud prevention, web fraud
Categories: Fraud & Financial Crime
Countries: World
This article is part of category

Fraud & Financial Crime

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