Solve complex fraud challenges
Machine learning and artificial intelligence represent the most effective methods of interpreting individuals’ financial behaviors while supporting an evolving array of secure and convenient payment interactions. Whether with supervised or unsupervised techniques, the analytics required for fraud detection strategies must be tailored to a specific use case to be most effective. After all, in the highly competitive world of financial services, the scale and speed of transactions are simply too great to entrust to unproven technologies.
How It Works
Strengthen customer loyalty with a financial crime prevention environment that puts you in control.
Real-time layered and adaptive analytics to fight fraud and financial crime across any product and channel.
Built on the foundation of the FICO® Falcon® Intelligence Network — the world’s largest consortium of payments data, composed of both fraud and non-fraud exemplars — our models benefit from continuously updated behavioral profiling.
Unsupervised and semi-supervised outlier models
Patented techniques detect new and unfamiliar fraud patterns by recognizing suspicious deviations from normal activity that have little or no historical data. Ideal for emerging products and channels, including real-time payments fraud.
Delivered as an analytic service to enable your organization to leverage sophisticated analytic technology from the FICO lab that is tailored to the nuances of your data.
Transaction profiling and anomaly detection
Powerful multi-dimensional behavioral profiling understands patterns in real time, uncovering even the subtlest indication of fraud or deviation from peer group behavior.
Network analytics for transaction monitoring and investigation
Feature generation technology that automatically identifies connected entities and organized criminal networks to uncover suspicious patterns.
Explainable AI (xAI)
In a highly regulated environment, explainability is table stakes. With FICO’s dedicated investment to innovation and delivery of xAI, we can help you meet both business user and regulatory requirements.
Bring your own models
Fighting fraud takes layered controls, and FICO gives you the ability to both deploy your models in our platform, and to enable your data scientists to design, author, train, and test financial crimes models from a the FICO® Platform.
Data, numbers and statistics
From the FICO Blog
5 Keys to Using AI and Machine Learning in Fraud Detection
Fraud Detection: Specialized vs. Generic Fraud AnalyticsRead more
Fraud Detection: Leveraging Large Datasets to Develop ModelsRead more
Fraud Detection: Applying Behavioral AnalyticsRead more
Fraud Detection: Adaptive Analytics and Self-Learning AIRead more
Fighting Fraud with Responsible AI: My Talk with Dr. Scott ZoldiRead more
Get in touch
Speak to an expert to learn more about FICO’s innovative and proven AI and machine learning analytics to fight fraud and financial crime