FICO releases new version of its Falcon Fraud Manager
The solution leverages machine learning to detect and prevent scams by adding a Scam Detection Score to Falcon Fraud Manager’s existing third-party fraud detection score for retail banking transfers.
According to Digital Transactions, FICO’s new Scam Detection Score helps Falcon customers detect authorised push payment (APP) scams, using the characteristics revealed by the FICO Falcon Fraud Manager model for Retail Banking to identify 24 times the number of fraudulent transactions on different devices.
The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.
The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.
Current themes
No part of this site can be reproduced without explicit permission of The Paypers (v2.7).
Privacy Policy / Cookie Statement
Copyright