SiNSYS Implements Fraud Manager - InformationWeek

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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)

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