SiNSYS Implements Fraud Manager - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
Government // Cybersecurity

SiNSYS Implements Fraud Manager

Fair Isaac announced that European payment card processor SiNSYS has successfully implemented Fair Isaac's Falcon Fraud Manager

LONDON -- Fair Isaac Corporation (NYSE:FIC), the leading provider of analytics and decision management technology, today announced that European payment card processor SiNSYS has successfully implemented Fair Isaac's Falcon(tm) Fraud Manager to help payment card issuers protect their customers and their portfolios from fraudulent transactions.

The implementation follows SiNSYS' selection last year of proven Fair Isaac solutions for Enterprise Decision Management (EDM) to provide card issuers with enhanced fraud detection, credit risk management and account management decisioning capabilities. With a presence in Belgium, the Czech Republic, Germany, Hungary, Italy, the Netherlands, Poland, Slovakia, Russia and Ukraine, SiNSYS currently has a portfolio of more than 21 million debit and credit cards that generate more than one billion transactions each year.

A leading Dutch card issuer is the first SiNSYS client to take advantage of Fair Isaac's leading fraud detection system, which currently protects 85 percent of the credit card transactions in the U.S. and 65 percent of credit card transactions worldwide.

"The integration of Fair Isaac's Falcon solution with our leading European card management systems offers our clients high-quality, secure and reliable account processing solutions for growing their businesses," said Nicola Cordone, Chief Executive Officer at SiNSYS.

Fair Isaac Corp. (NYSE: FIC)

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
Slideshows
10 Ways to Transition Traditional IT Talent to Cloud Talent
Lisa Morgan, Freelance Writer,  11/23/2020
News
Top 10 Data and Analytics Trends for 2021
Jessica Davis, Senior Editor, Enterprise Apps,  11/13/2020
Commentary
Can Low Code Measure Up to Tomorrow's Programming Demands?
Joao-Pierre S. Ruth, Senior Writer,  11/16/2020
White Papers
Register for InformationWeek Newsletters
Video
Current Issue
Why Chatbots Are So Popular Right Now
In this IT Trend Report, you will learn more about why chatbots are gaining traction within businesses, particularly while a pandemic is impacting the world.
Slideshows
Flash Poll