IRIS Analytics, Zoot partner for enhanced fraud prevention

Friday 13 December 2013 10:31 CET | News

IRIS Analytics, a provider of technology and consultancy services to the payments industry, has partnered with Zoot, a global provider of instant credit decisioning, risk management, loan origination and workflow management solutions, to provide Zoots customers with an IRIS cloud offering for fraud prevention.

The IRIS fraud and risk control solution allows customers to score more than 2,000 transactions per second with response times less than 5 milliseconds. PA-DSS approved, it covers all banking channels and has been implemented by customers across Europe, the Middle East and North America. IRIS has now been integrated into the Zoot platform, so that IRIS is now available to customers via a Software-as-a-Service (SaaS) deployment model, as an alternative to in-house deployment.

Zoots zLink data and services marketplace provides pre-built integrations to more than 70 data providers worldwide. In addition, using the SaaS infrastructure allows IRIS users to share information - for example, joint white/blacklist or tracking behaviour of fraudsters, consumers and merchants - across portfolios, if desired.

IRIS Analytics provides technology and consultancy services to the payments industry to beat electronic payment fraud. It develops and markets the IRIS fraud prevention platform which powers fraud scoring across the full range of electronic payment channels, including credit, debit, prepaid, online and mobile. IRIS enables payment processors, switches, payment service providers and issuers across the world to analyse and respond to fraud patterns.

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Keywords: IRIS Analytics, Zoot, fraud prevention, IRIS
Categories: Fraud & Financial Crime
Countries: World
This article is part of category

Fraud & Financial Crime

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