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6 de noviembre de 2013

FICO to Protect Axis Bank Customers Against Transactional Fraud

6 de noviembre de 2013

Singapore — November 5, 2013 — FICO (NYSE:FICO), a leading predictive analytics and decision management software company, today announced that Axis Bank, India’s third largest private sector bank, has chosen FICO® Falcon® Fraud Manager to enable detection and prevention of fraud in its growing consumer banking portfolio, including credit and debit cards, ATM transactions and the merchant acquiring business.

Axis is the largest Indian national bank to adopt the FICO solution, and will be using the latest version, FICO Falcon 6, to protect its credit and debit card accounts. The solution enables the bank to detect potential fraud at the transaction level in real time and take appropriate action to prevent it.

FICO® Falcon® Fraud Manager is regarded as the most accurate and comprehensive solution for detecting payment card fraud. Used by more than 9.000 financial services organizations worldwide, FICO Falcon Fraud Manager protects more than 2,5 billion card accounts, including more than 50 million in the Asia Pacific region. Over the past 20 years, FICO Falcon Fraud Manager has saved US card issuers more than USD 10 billion and APAC issuers more than USD 1,7 billion.

“We have proactively opted for FICO Falcon Fraud Manager to further secure our customer’s transactions, unimpeded by any online threats,” said Jairam Sridharan, head of Consumer Lending and Payments, Axis Bank.

Dan McConaghy, president for FICO in Asia Pacific, said, "Fraud management is an essential component of the analytic arsenal that defines a best-practice lending operation. By introducing FICO Falcon Fraud Manager, Axis Bank, as one of the largest and fastest-growing banks in India, is helping spur the entire industry to greater consumer protection and growth."

More information on FICO’s enterprise fraud approach is at www.fico.com/enterprisefraud.
Join the conversation on twitter at: @FICOnews_APAC

About Axis Bank
Axis Bank is the third largest private sector bank in India. Axis Bank offers the entire spectrum of services to customer segments covering Large and Mid-Corporates, SME, Agriculture and Retail Businesses.

With its 2.021 domestic branches (including extension counters) and 11.488 ATMs across the country, as on 30th June 2013, the network of Axis Bank spreads across 1.300 cities and towns, enabling the Bank to reach out to a large cross-section of customers with an array of products and services. The Bank also has overseas offices in UK, Singapore, Hong Kong, Shanghai, Colombo, Dubai and Abu Dhabi.

The bank’s website http://www.axisbank.com offers comprehensive details about its products and services.

Sobre FICO
FICO (NYSE: FICO) es una empresa líder de software de analítica que ayuda a negocios de más de 80 países a tomar mejores decisiones que incrementen el crecimiento, la rentabilidad y la satisfacción del cliente. El innovador uso de Big Data y de algoritmos matemáticos por parte de la empresa para predecir el comportamiento del consumidor ha transformado sectores enteros. FICO ofrece software de analítica y herramientas que se emplean en múltiples sectores para gestionar riesgos, combatir el fraude, crear relaciones con clientes más rentables, optimizar operaciones y cumplir con estrictas regulaciones gubernamentales. Muchos de nuestros productos se adoptan en todas las industrias, como FICO® Score, la medición estándar del riesgo de crédito del consumidor en Estados Unidos. Las soluciones FICO emplea estándares de código abierto y cloud computing para maximizar la flexibilidad, hacer despliegues más rápidos y reducir costes. La empresa también ayuda a millones de personas a gestionar su salud crediticia personal.

FICO: Make every decision count™.
For FICO news and media resources, visit www.fico.com/news.FICO, Falcon and “Make every decision count” are trademarks or registered trademarks of Fair Isaac Corporation in the US and other countries.

Contactos de la sala de prensa

Greg Jawski
Américas

greg.jawski@porternovelli.com
+1 212-601-8248

Darcy Sullivan
Europa, Oriente Medio y África

dsullivan@fico.com
+44 (0) 209-940-8719

Saxon Shirley
Asia Pacífico

saxonshirley@fico.com
+65 6422-7795

Marisa Arribas
Latinoamérica

marisaarribas@fico.com
+1 786 482 7231

Milla Delfino
América Latina

milladelfino@fico.com
+55 11 97673-6583