Fraud detection with machine learning for real-time and mobile payments

Fraud detection with machine learning for real-time and mobile payments for FICO partners

• Consumer demand for real-time payments and digital interactions is driving many financial institutions to adopt a “mobile first” approach to innovation, including digital wallets, person-to-person (P2P) transfers, and bank-owned apps
• Real-time payments and open banking regulations are rapidly evolving the payments ecosystem
• FICO provides machine learning models, leveraging the Falcon Intelligence Network that can help to identify real-time payments fraud and fraud from these growing channels
• FICO offers flexible deployment options for partners to help their clients tackle this growing fraud problem