FICO Falcon Fraud Manager

FICO Falcon Fraud Manager

Financial fraud detection using adaptive analytics

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FICO Falcon Fraud Manager Overview

FICO Falcon Fraud Manager, part of the FICO Falcon platform, is a financial fraud detection tool that uses real-time self-calibration and adaptive analytics to predict likely fraud patterns and detect potentially fraudulent transactions. The system can be used to detect fraudulent debit and credit card transactions, eCommerce fraud, check fraud, retail card fraud, identity fraud, and merchant fraud.

FICO Falcon Fraud Manager uses behavioral analytics and transaction analysis to identify fraudulent transactions. A picture of consumers’ likely behaviour is built using behavior sorted lists, allowing transactions to be checked against this to determine whether they are abnormal. Unusual payments are examined against other transactions in outlier models, designed to reduce the flagging of false positives by using other outlier payments to provide context.

FICO Falcon Fraud Manager includes a fraud predictor, which updates models weekly with merchant statistics, designed to improve fraud recognition by using up-to-date data and transaction patterns. The system is self-calibrating, allowing adjustments in response to changes in transaction trends, and adaptive analytics enable the changing of models in response to shifting fraud patterns.

Pricing

Starting from
N/A
Pricing options
Free Trial

Devices

Business size

S
M
L

Markets

Asia, Australia, Brazil, Canada, China and 5 others, Europe, Germany, India, Japan, Latin America

Supported Languages

English

FICO Falcon Fraud Manager Pricing

Starting from
N/A
Pricing options
Free Trial

Pricing is available on inquiry.

FICO Falcon Fraud Manager Features


  • API
  • Accounting Integration
  • Accounting Management
  • Activity Dashboard
  • Automatic Notifications
  • Billing & Invoicing
  • Compliance Management
  • Customizable Reporting
  • Data Import/Export
  • Electronic Payments
  • Expense Tracking
  • Financial Analysis
  • Invoice Management
  • Invoice Processing
  • Multi-Currency
  • Real Time Data
  • Receiving
  • Reporting & Statistics
  • Third Party Integration
  • Workflow Management

Additional information for FICO Falcon Fraud Manager

Key features of FICO Falcon Fraud Manager

  • Adaptive analytics
  • Behavior-sorted lists
  • Behavioral analytics
  • Check fraud modeling
  • Debit PIN profiling
  • Debit card network device profiling
  • Debit card profiling
  • First-party fraud modeling
  • Fraud predictor
  • Global risk identification
  • Individual customer behavior profiles
  • Merchant profiling
  • Neural network models
  • Outlier models
  • Real-time transaction analysis
  • Retail card fraud detection
  • Self-calibration
  • eCommerce fraud profiling

Benefits

Outlier models analyze unusual payments in the context of other atypical transactions, with the aim of reducing false positives.

Global intelligent profiles identify the riskiest regions, merchants, and ATMs, so extra scrutiny can be employed in the areas of greatest risk.

Behaviour sorted lists build a more complete picture of a consumer’s likely behaviour, designed to improve the identification of suspicious transactions.

The system self-calibrates in real time in response to shifts in transaction trends, and adaptive analytics enable the adjustment of models as fraud patterns change.

Fraud predictor updates models each week with merchant statistics, to assist with recognition of likely fraud.

FICO Falcon Fraud Manager FAQs

Below are some frequently asked questions for FICO Falcon Fraud Manager.

Q. What type of pricing plans does FICO Falcon Fraud Manager offer?

FICO Falcon Fraud Manager offers the following pricing plans:

Free Trial: Not Available

Pricing is available on inquiry.

Q. What are the main features of FICO Falcon Fraud Manager?

FICO Falcon Fraud Manager offers the following features:

  • Adaptive analytics
  • Behavior-sorted lists
  • Behavioral analytics
  • Check fraud modeling
  • Debit PIN profiling
  • Debit card network device profiling
  • Debit card profiling
  • First-party fraud modeling
  • Fraud predictor
  • Global risk identification
  • Individual customer behavior profiles
  • Merchant profiling
  • Neural network models
  • Outlier models
  • Real-time transaction analysis
  • Retail card fraud detection
  • Self-calibration
  • eCommerce fraud profiling

Q. Who are the typical users of FICO Falcon Fraud Manager?

FICO Falcon Fraud Manager has the following typical customers:

Large Enterprises, Mid Size Business, Small Business

Q. What languages does FICO Falcon Fraud Manager support?

FICO Falcon Fraud Manager supports the following languages:

English

Q. What type of pricing plans does FICO Falcon Fraud Manager offer?

We do not have any information about what FICO Falcon Fraud Manager pricing plans

Q. Does FICO Falcon Fraud Manager support mobile devices?

We do not have any information about what devices FICO Falcon Fraud Manager supports

Q. What other apps does FICO Falcon Fraud Manager integrate with?

We do not have any information about what integrations FICO Falcon Fraud Manager has

Q. What level of support does FICO Falcon Fraud Manager offer?

FICO Falcon Fraud Manager offers the following support options:

Knowledge Base, Online Support, Phone Support

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