Chartis Names FICO a Category Leader in Enterprise Fraud and AML Solutions
HIGHLIGHTS:
- FICO was named a Category Leader in enterprise fraud solutions and anti-money laundering (AML) solutions by research firm
Chartis Research . - Category Leaders are defined by Chartis as having high market potential and completeness of offering.
- FICO offers enterprise fraud management solutions, financial crime management solutions and cybersecurity solutions.
"For FIs, managing these efficiently and effectively can be costly and complex," the report states. "Alongside pressure from regulators – and financial crime itself – processing the increasing volume, variety and velocity of the data FIs now need requires customized, cutting-edge technology."
More information: http://www.fico.com/en/fraud-security/enterprise-fraud-and-security-solutions
"The Chartis report calls out the priority for using advanced analytics and artificial intelligence to map out relationships between entities and to perform transaction-level analysis," said
FICO's portfolio of enterprise fraud solutions includes the FICO® Falcon® Platform, which protects 2.6 billion payment cards worldwide, and the FICO® TONBELLER® Siron® Anti-Financial Crime Suite. FICO has introduced AI models for AML and KYC to better detect money laundering and more efficiently operationalize teams to stop this activity. FICO experts blog about enterprise fraud, financial crime and other regulations affecting financial institutions at www.fico.com/en/blogs/category/fraud-security.
About FICO
FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956 and based in
Learn more at www.fico.com.
About
Chartis is the leading provider of research and analysis on the global market for risk technology and is part of the Insight division of InfoPro Digital, which includes market leading brands such as Risk and Waters Technology. Chartis' goal is to support enterprises as they drive business performance through better risk management, corporate governance and compliance and to help clients make informed technology and business decisions by providing in-depth analysis and actionable advice on virtually all aspects of risk technology.
RiskTech Quadrant®, RiskTech100® and Fintech QuadrantTM are registered trademarks of
Join the conversation at https://twitter.com/fico & http://www.fico.com/en/blogs/.
FICO, Falcon, TONBELLER and Siron are registered trademarks of
View original content with multimedia:http://www.prnewswire.com/news-releases/chartis-names-fico-a-category-leader-in-enterprise-fraud-and-aml-solutions-300516456.html
SOURCE FICO
Media: Greg Jawski, Porter Novelli for FICO, +1 212-601-8248, greg.jawski@porternovelli.com; Investors/Analysts: Steven Weber, FICO, +1 800-213-5542, investor@fico.com