It can be deployed on premises or can be accessed through the cloud. FICO Retail Fraud Manager helps retailers combat fraudulent activities in stores as well as online. With retail frauds increasing, there is a growing need for FDP solutions that can be implemented in the retail sector to protect customers and retailers from fraudulent activities. The solution uses analytics models and provides real-time data about fraudulent activities, thereby reducing the amount of losses. FICO Card Compromise Manager is an anti-fraud solution that proactively identifies fraudulent activities. The solution detects frauds such as card-present, card-not-present, and Automated Teller Machine (ATM) frauds. For monetary and non-monetary transactions, the platform provides services such as event processing, monitoring, rules management, and case management. It includes modules such as authentication, debit, credit, mobile payments, and ePayments. The platform also provides custom-level decision-making to its users.
USP : FICO offers various solutions, such as FICO Enterprise Fraud and Security, FICO Retail Fraud Manager, FICO Application Fraud Manager, and FICO Falcon Fraud Manager, in the FDP market. FICO Falcon Platform for fraud management provides real-time protection to enterprises from frauds occurring through multiple payment channels.