Aug 22, 2013 (Thu): The global payments solution provider TSYS has integrated its PRIME card and merchant management solution with FICO Falcon Fraud Manager 6, enabling the company to offer fraud management solution as a hosted service to its clients globally.
The hosted fraud management solution examines the behavioural aspect of cardholder activity, using advanced analytic models to provide real-time decisions. EnterCard Bank expects to 40 per cent decrease in fraud losses and risk exposure after using the solution.
