Home / Fraud & Security / Enterprise Fraud

Enterprise Fraud

Holistic Fraud Protection

Overview

Fraud is everywhere. It’s pervasive, invasive and harms customers, merchants and institutions alike. Fraud threatens to compromise not just business results; customer relationships are at stake, too.

Around the world, organizations look to FICO® Enterprise Fraud Management solutions for world-class capabilities to prevent, detect and resolve financial fraud, across any payment method or customer channel – including mobile, apps and social media.

When you successfully protect customers from fraud, their satisfaction soars. Only FICO delivers fraud protection with a holistic view.

Falcon Platform

FICO® Falcon Platform

The FICO® Falcon® Platform provides event processing, monitoring, rules management and case management services for monetary and non-monetary transactions. These include payments such as payment card authorizations, posting, ACH, wire, person to person, deposit, online payments and bill pay, and mobile banking activity.  The Falcon® Platform features an open, extensible architecture, delivered either on-premises or in the cloud, helping institutions maximize the value of their fraud prevention investment.

The Falcon® Platform’s core capabilities can be used in conjunction with one or more Platform Modules for payment products such as Credit, E-Payments, Online Banking, Debit, Mobile Payments, Pre-Paid and more.  It also monitors data across the channels and products to provide customer-level decisioning.

Infographics

The latest infographics on streaming analytics and fraud detection in Enterprise Fraud Management.

Are You Ready for the Surge in New Account Fraud?

Download Now

Today's Breach Is Tomorrow's Identity Fraud

Download Now

Fraud Follows Opportunity

Download Now

Customers

Available Products

FICO® Application Fraud Manager

Product overview

Prevent first-and third-party application fraud through detection across multiple products and channels. Gain access to world-class analytics that can be deployed quickly to protect new products and enhance existing fraud investments.

FICO® Application Fraud Manager can help businesses in any industry to stop credit fraud where it starts: at the point of application. This FICO solution gives firms in a wide range of industries – banking, insurance, telecommunications, retail, government and more – access to FICO’s market-proven, industry-leading analytic technology.

FICO® Consumer Fraud Control

FICO® Falcon® Fraud Manager

FICO® Identity Resolution Engine

FICO® Retail Fraud Manager

Product overview

Prevent first-and third-party application fraud through detection across multiple products and channels. Gain access to world-class analytics that can be deployed quickly to protect new products and enhance existing fraud investments.

FICO® Application Fraud Manager can help businesses in any industry to stop credit fraud where it starts: at the point of application. This FICO solution gives firms in a wide range of industries – banking, insurance, telecommunications, retail, government and more – access to FICO’s market-proven, industry-leading analytic technology.

Want to take your business to new heights?

Request more information. Enter your information and we will respond directly to you.

Royal Bank of Scotland

Enterprise Fraud & Security Case Study

For several years, card issuers in the UK had been noticing an alarming trend: card fraud losses had been steadily increasing. In three consecutive years, net losses from fraud increased 25%; then another 28%; and then yet another 41%.  “Many banks were experiencing a significant impact on profits due to rising levels of fraud losses. In addition, we were concerned about the negative impact fraud had on our growing customer base,” said Alasdair Grant, Director, Risk at Royal Bank of Scotland. Managers were worried that UK payment card issuers were becoming increasingly attractive targets for fraud rings and sophisticated criminals.

“We wanted to do what was necessary to be at the forefront of fraud prevention—while still building our card business,” added Mr. Grant.  “And we needed to see results quickly. That’s what led us to FICO."

Learn how Royal Bank of Scotland engaged with FICO in a fraud detection partnership.