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Falcon Wins Award for Big Data Analysis

I’m delighted that FICO has been named a 2015 Computerworld Data+ Editors’ Choice Award honoree, because of our groundbreaking FICO® Falcon® Fraud Manager solution. You can read their article about us here.

In a recent post, I talked about why analytic innovation matters, and this is a great example. Behind this award lies continuous innovation into fraud detection and loss avoidance. We have been bringing pioneering analytics into this space since 1992. In fact, we have nearly 130 patents held or pending related to fraud management. This is not only why Falcon wins awards, it’s why it remains the leading payment card fraud solution worldwide, protecting more than 2.5 billion cards and saving issuers worldwide billions of dollars.

I’d like to thank the Falcon Analytics team for their innovative work to build the highest performant analytics and allowing continued improvement of our models year after year, protecting card issuers and cardholders worldwide. With nearly 50 analytic scientists contributing to Falcon models and analytic innovation annually, there are far too many names to list but I would like to acknowledge my Falcon Analytic management team including Todd Smith, David Griegel, Maria Derderian, Alexei Betin, Matt Kennel, and Yuting Jia. In addition, such achievement would not be possible without my colleagues TJ Horan, vice president of Falcon Product Management, and Steve Beal, vice president of Falcon Software Development, with acknowledgment of their vision and enablement of the analytic innovation in the Falcon product.

Below: Members of the Falcon analytics team, David Griegel, Todd Smith, Yuting Jia, Alexei Betin, Jun Zhang and Scott Zoldi.

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