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

For FICO Partners

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Solution Sheet

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
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