
Fraud detection for card payments built on adaptive analytics
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FICO Falcon Fraud Manager protects banks and card issuers from payment fraud. Machine learning scores each transaction in real time, flagging those that look wrong so that genuine purchases go through. The models adapt as fraudsters change tactics, and analysts can explore scenarios and compare decisions before changing rules. It is used by financial institutions worldwide and sold through enterprise contracts. FICO is also known for credit scores and analytics software.
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