Description
FICO® Falcon® Fraud Manager is designed to protect customers and manage fraud and security effectively. As the industry’s leading fraud management solution, it utilizes FICO’s expertise in predictive analytics and artificial intelligence to provide real-time, end-to-end fraud detection and prevention. The platform is recognized as a category leader for Enterprise Fraud Solutions in 2023 by Chartis Research, thanks to its advanced fraud detection techniques and machine learning-powered global fraud model portfolios.
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The Falcon Fraud Manager offers real-time transaction protection across all channels, ensuring that all transaction types are monitored and secured. With the ability to deploy out-of-the-box fraud detection models tailored for specific portfolios and regions, organizations can address both global and regionally specific fraud trends. This capability is backed by data from over 10,000 financial institutions worldwide, allowing for a comprehensive understanding of the evolving fraud landscape.
One of the standout features of the Falcon Fraud Manager is its patented analytic technology, which has been proven through decades of real-world application. This technology enables organizations to detect and prevent fraud in various transaction types, including credit cards, debit cards, digital payments, and wire transfers. The platform's powerful transaction monitoring capabilities help reduce false positives, enhance customer experience, and protect the organization’s reputation.
FICO also provides a robust rules engine that allows business and financial users to define, test, and deploy anti-fraud rules based on their specific requirements. Additionally, the customizable case management capabilities make it easy to review and manage fraud cases efficiently. With over 30 years of analytic expertise and a commitment to modern fraud protection, FICO Falcon Fraud Manager equips organizations with the tools they need to combat fraud effectively and protect their customers.
- CategoryFraud Detection
- Pricing ModelSubscription
- DeploymentCloud
- PlatformsWeb
FICO® Falcon® Fraud Manager's Core Features
Real-time fraud detection
Machine learning-powered models
Customizable case management
Robust rules engine
Multi-channel transaction monitoring
Global fraud model portfolios
Patented analytic technology
End-to-end fraud management
How to use FICO® Falcon® Fraud Manager?
Configure: Set up the Falcon Fraud Manager according to your organization's requirements.
Deploy: Utilize out-of-the-box fraud detection models for specific portfolios.
Monitor: Continuously monitor transactions across all channels in real-time.
Review: Use customizable case management to review and disposition fraud cases.
Optimize: Adjust anti-fraud rules based on evolving fraud trends and data insights.
FICO® Falcon® Fraud Manager's Use Cases
- Banking Fraud Prevention
- Digital Payment Security
- Customer Experience Enhancement
- Compliance Management
- Real-time Fraud Monitoring
