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New FICO Fraud Solution Can Identify the Source of Compromised Cards Faster
Silicon Valley analytics firm FICO today announced the availability of FICO Card Compromise Manager, an anti-fraud solution that proactively detects and prioritises compromised merchants and data breaches involving card data. A powerful companion to FICO® Falcon® Platform, Card Compromise Manager is capable of detecting card present, card not present and ATM fraud. It uses advanced analytics to provide a ranked list of potential compromises and recommended actions to minimise losses and customer impact.
More information: http://www.fico.com/en/products/fico-card-compromise-manager
Card Compromise Manager uses an organisation’s FICO Falcon data and applies advanced analytics and graph analytics to detect merchant compromises faster and more accurately than the manual processes typically employed. It can analyse an issuer’s entire card portfolio automatically, using unsupervised analytics and adaptive behavioural analysis to assess all transactions for potential merchant compromise, and empower an issuer to take the action needed.
“Payment card fraud continues to rise as criminals adopt new, more sophisticated technology,” said TJ Horan, vice president of product management for FICO’s fraud solutions. “Yet many card issuers are still using spreadsheets to determine the highest priorities for investigation. With Card Compromise Manager, issuers can apply analytics and automation to reduce the impact of fraud on their customers and their bottom line. The integration with Falcon creates the ideal platform for detecting any kind of fraud risk, faster.”
Globally, the FICO Falcon Platform is the leading payments fraud management solution, protecting more than 2.6 billion payment cards. With the platform, organisations can cost-effectively reduce fraud losses, protect brand reputation, gain efficiencies and improve the customer experience across multiple products, channels and lifecycle stages.
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Prove Launches Global Identity Graph to Redefine Digital Trust for 90% of Digital Consumers
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Sumsub Named a Leader in IDC MarketScape for Worldwide Identity Verification in Financial Services 2025
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GoCardless Achieves Profitability
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Boku Deepens LATAM Commitment, Readies Merchants for Brazil’s Digital Payments Revolution via Pix
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MAPFRE is the Largest Multinational Insurance Company in Latin America
MAPFRE is the leading multinational insurance group operating in Latin America, with $10.932 billion in premiums, $133 million more than the previous year, and a market share of 5.1%.
African Development Bank Group’s Office of Integrity and Anti-Corruption Partners with Special Investigations Unit to Combat Financial Crime
The African Development Bank’s Office of Integrity and Anti-Corruption (PIAC) (www.AfDB.org) and the Special Investigations Unit (SIU) of South Africa have signed a Memorandum of Understanding establishing a framework for cooperation between the two organizations for information sharing and capacity building.
The 4th Edition of the Africa Fintech Forum to Shape the Future of Finance in Kenya on October 15
The 4th edition of the Africa Fintech Forum will take place on 15th October 2025 at the Pullman, Nairobi, Upper Hill, bringing together leaders, innovators, and policymakers from across the African financial technology ecosystem.
EXCLUSIVE: “Zee Whizz! Adapting to a New Banking Generation” – Joud Zaumot, Mambu and Andrzej Szelemetko, GFT Technologies in ‘The Fintech Magazine’
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Banks Embrace Core Banking Modernisation and Speedboat Strategies
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Prove Launches Global Identity Graph to Redefine Digital Trust for 90% of Digital Consumers
Prove, the global leader in digital trust, today announced the launch of the Prove Identity Graph, a foundational layer of Prove’s platform that enables enterprises to verify and recognize customers instantly, securely, and globally.