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Description
The landscape of payment methods is transforming, as consumers increasingly seek various options for transactions, which encompass credit and debit cards, prepaid cards, as well as digital payments like real-time transfers, person-to-person transactions, and wire transfers. Safeguarding against fraud across all these payment avenues is essential for preserving customer trust and fostering long-term loyalty. This is supported by a versatile framework utilized by more than 9,000 financial institutions globally. A containerized solution enhances the ease of updates, enabling rapid adjustments to fraud prevention strategies as new functionalities are introduced, while RESTful APIs offer the necessary flexibility for data integration. FICO’s top-tier rules technology empowers organizations to swiftly address emerging threats and refine their strategies, policies, and practices to align with specific operational goals. As the demand for seamless and secure payment experiences continues to rise, having robust systems in place becomes increasingly critical.
Description
Fraud Detection Modern fraud prevention systems rely on documenting issues and establishing expert-defined rules to combat them; however, due to the vastness and ever-changing nature of fraud, this approach is often inadequate. POINTER introduces a forward-thinking strategy that swiftly identifies fraudulent activities by recognizing transactions that deviate from a user’s usual behavior. Utilizing a proprietary mathematical model along with advanced data mining methodologies, POINTER generates a dynamic Personal Symbolic Vector. Additionally, the incorporation of auto-learning techniques allows the system to adapt to realistic behavioral changes over time. This adaptability guarantees that user profiles remain current and that the most recent expert rules are applied for fraud detection. Furthermore, POINTER significantly reduces the number of false alerts, thereby minimizing the research time required by staff while simultaneously enhancing customer service. Institutions can also customize these parameters to achieve the most effective balance for their specific needs. Ultimately, this innovative approach revolutionizes the way organizations manage and mitigate fraud.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
FICO
Founded
1984
Country
United States
Website
www.fico.com/en/products/fico-falcon-fraud-manager
Vendor Details
Company Name
PotentiaN
Founded
2007
Country
United States
Website
www.potentian.com
Product Features
Fraud Detection
Access Security Management
Check Fraud Monitoring
Custom Fraud Parameters
For Banking
For Crypto
For Insurance Industry
For eCommerce
Internal Fraud Monitoring
Investigator Notes
Pattern Recognition
Transaction Approval
Product Features
Fraud Detection
Access Security Management
Check Fraud Monitoring
Custom Fraud Parameters
For Banking
For Crypto
For Insurance Industry
For eCommerce
Internal Fraud Monitoring
Investigator Notes
Pattern Recognition
Transaction Approval