KDnuggets : News : 2009 : n10 : item23 < PREVIOUS | NEXT >

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Subject: Video: FICO on 3 ways to improve fraud detection

Improve Your Fraud Detection 20-30%

How can card issuers detect new fraud schemes faster? The new FICO™ FalconĀ® Fraud Manager 6 release addresses this challenge through three innovations: adaptive analytics that factor in the result of fraud resolutions, intelligent profiles that look at patterns by cardholder, ATM, ZIP code and other entities, and behavior-sorted lists, which reduce false positives. These innovations can yield at 20-30% lift in fraud performance for businesses using Falcon Fraud Manager. Darcy Sullivan of FICO interviews Scott Zoldi, FICO senior director of Analytic Development, for this FICO Tech Talk.

See also a recent job ad from FICO (former Fair, Isaac) Analytic Science Lead Scientist , San Diego, CA

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KDnuggets : News : 2009 : n10 : item23 < PREVIOUS | NEXT >

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