The new platform is a combination of FICO Falcon Fraud Manager 6 with TSYS’ licensed PRIME card and merchant management technology, which will be provided as a hosted service to its licensing clients worldwide.
Integrating in-class neural network models with merchant profiles, the technology even identifies fraud by using adaptive models that change as global fraud patterns migrate.
FICO global fraud solutions vice president TJ Horan said, "With fraud increasing and evolving around the globe, it is more important than ever for financial institutions to protect their customers’ exposure to fraud with advanced analytics.
"Falcon’s powerful analytics which protect more than 2.5 billion payment cards worldwide, offer TSYS PRIME customers the most effective anti-fraud solution available to card issuers around the world."
Headquartered in Columbus, Georgia, with local offices across the Americas, EMEA and Asia-Pacific, TSYS delivers services to more than half of the top 20 international banks.
