Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Top Stories

FICO NAMED A JAVELIN 2017 IDENTITY PROOFING PLATFORM LEADER IN THE TAILORED CATEGORY

FICO NAMED A JAVELIN 2017 IDENTITY PROOFING PLATFORM LEADER IN THE TAILORED CATEGORY

Highlights:

  • FICO was named a Javelin 2017 Identity Proofing Platform Leader in the Tailored category.
  • Identity proofing solutions match a digital identity to a real-life individual and assess the risk associated with a particular event.
  • FICO’s award was based on FICO® Application Fraud Manager.

Silicon Valley analytic software firm FICO announced that it was named a Leader in the Javelin 2017 Identity Proofing Platform Awards, in the Tailored category. Identity proofing solutions match a digital identity to a real-life individual and assess the risk associated with a particular event. FICO’s award was based on FICO® Application Fraud Manager. FICO was also named a Contender in the Functional category.

View a complete list of 2017 Identity Proofing Platform Award winners: https://www.javelinstrategy.com/sites/default/files/17-4003J-F-2017%20Javelin%20Identity%20Proofing%20Platform%20Award%20Whitepaper.pdf

“One of the foundational fraud challenges that an institution faces — identity proofing — must be tailored to the risks inherent in the channel, market, product type, scenario, and threat environment,” the Javelin report says.  “Identity proofing covers circumstances ranging from new account applications to new device enrolment, and in order to successfully discern between fraudsters and legitimate customers, financial institutions must be able to bring a wide range of capabilities to bear as part of their identity proofing workflows.”

“Application fraud is a fast-growing problem that has accelerated due to online onboarding in banking, retail, telecommunications and other industries,” said TJ Horan, vice president of FICO’s fraud solutions. “At the heart of any defence are the analytics that can validate an applicant’s identity in real time. That’s FICO’s specialty, and we’re proud to be named one of the awardees in Javelin’s first study of this market.”

FICO® Application Fraud Manager is a highly flexible, component-based system of industry-leading technology capabilities, including data acquisition, analytic models, decisioning, case management and link analysis. The solution can help businesses in any industry to stop first- and third-party fraud where it starts: at the point of application. The solution leverages FICO’s 25 years of artificial intelligence and machine learning innovation to help defend against sophisticated, organised fraud attacks.

The “Tailored” category in the Javelin awards recognises those firms with products that offer the greatest flexibility in integrating with client systems and adapting to client business needs.

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post