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Nearly half of cross-border UK debit card fraud occurred in US

LONDON — June 25, 2015

Highlights:

  • 25 percent rise seen in cross-border fraud transactions on UK debit cards from 2013 to 2014
  • 47 percent of fraudulent cross-border transactions on UK debit cards occurred in US in 2014
  • 12 percent of UK debit card fraud was from cash machines
  • 67 percent of UK debit card fraud was card-not-present
  • Data used to update models for FICO® Falcon® Fraud Manager
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Leading lenders using platform from FICO, CONFIRMA and ASNEF

Madrid — 22 June, 2015

Highlights:

  • Three of Spain’s top 10 banks are among the early adopters of CONFIRMA application fraud platform
  • The platform is available now in SaaS mode
  • FICO Blaze Advisor decision rules management system enables maximum flexibility and agility

Three of Spain’s ten largest banks have been detecting and stopping application fraud using an award-winning platform from CONFIRMA Sistemas de Información, powered by FICO technology. Santander Consumer Finance, Finconsum (CaixaBank) and BanSabadell FINCOM, along with French consumer lender Cofidis and finance firm Findirect, are the early adopters of the platform, which is now available in software-as-a-service (SaaS) mode to banks, savings banks, insurance companies, credit insurance companies, telecommunications companies, payment entities and financial intermediaries.

For more information: http://www.confirmasistemas.es/

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American Product Distributors, Avianca Holdings, CA Technologies, CBTS, Cisco, and FICO recognized for transforming IT infrastructure and delivering enterprise innovation with Red Hat technologies 

RALEIGH, N.C. – June 18, 2015 – Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced American Product Distributors, Avianca Holdings, CA Technologies, CBTS, Cisco, and FICO as finalists for the ninth annual Red Hat Innovation Awards. The awards honor Red Hat customers, partners, and communities for their outstanding and innovative use of Red Hat solutions, and the finalists will be honored in Boston during the 2015 Red Hat Summit, the industry's premier open source technology event, June 23-26, 2015.

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