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Product: |
MasterCard® RiskFinder |
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Company: |
FICO |
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Type: |
Software |
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Description: |
MasterCard® RiskFinder reduces fraud by better detecting fraudulent card transactions. It has saved issuers up to 50% in fraud losses and leverages the MasterCard Banknet global transaction processing network. This vast network combines cardholder, merchant and geographical data to provide members with a comprehensive fraud prediction model.MasterCard RiskFinder uses market-specific neural network models that look at the behavior of individual cardholders, merchants and patterns of fraud where these behaviors are similar. To expand the system's ability to accurately detect fraud, RiskFinder also leverages Fair Isaac’s leading proprietary profiling technology to build detailed profiles of each individual cardholder's spending patterns/behavior that are updated with every new transaction. RiskFinder also incorporates highly detailed merchant profiles, including potential points-of-compromise, to assess risk.
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View All Company's Documents
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Related Products: |
Analytic Applications Software | Fraud Protection | Neural Networks | Transaction Processing Services |
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