Global Fraud Consulting

FICO’s specialized Fraud Consulting works diligently with you to deploy fraud strategies tailored to the business environment, deliver efficiencies in fraud operations and provide expertise in all fraud disciplines. The main aims of the consulting group are to provide practical and impartial advice, applying market-specific best practice techniques that deliver tangible results to lower exposure to fraud. The group provides a range of modular services to suit customer requirements from implementation of quick wins through longer term strategic initiatives. The team is composed of former fraud managers and consultants with more 80 years of combined experience. They have undertaken more than 100 assignments in 20 countries across five continents, and have a 15 year track record in assisting customers achieve their fraud reduction objectives.

Why FICO Fraud Consulting

The FICO Global Business Consulting team provides world-class business consulting across the entire credit lifecycle linked to, and independent of, FICO product offerings. 

• We have a team of multilingual consultants in locations across the globe, including UK, Spain, North and South America, Asia and Australia.
• Our consultants are all credit and risk experts who have worked for large blue-chip organizations and held senior positions. 
• The Fraud Consulting team provides practical advice and solutions based on first-hand experience in all the fraud issues our clients are facing. We have extensive knowledge of all credit products, including credit cards, personal loans, SME, auto loans and home loans.

Key Benefits

• Our fraud consultants have all had substantial industry and consulting experience with proven track records. Our pool of knowledge spans all aspects of financial services fraud management.
• Combined with FICO’s fraud detection expertise, we have a consulting practice that offers you maximum benefits and returns on your investment.
• FICO Fraud Consulting maintains and references benchmarking on clients globally to ensure the optimal use of FICO’s fraud solutions
• We help you develop and implement comprehensive fraud reductions plans

These main services are broken down into different types of engagements, including:

• Healthchecks—A short engagement to benchmark a client’s fraud environment against best practice and identify areas of possible improvement.
• Assessments—A deeper engagement to provide a more detailed analysis of an issue (or issues) resulting in a comprehensive Assessment Report containing findings and recommendations.
• Partnerships—Having initially undertaken an Assessment, this provides onsite support from FICO Fraud Consulting to work with or on behalf of the client to implement the recommendations from an Assessment Report and execute a comprehensive fraud reduction plan.
• Educational Services—The consulting group also provides a range of specialized fraud training modules aimed at teaching best practice approaches to fraud management.

Types of fraud risk that FICO’s fraud consulting team addresses includes: