Infosys Fraud Management Studio powered by FICO Falcon

Financial institutions have to balance multiple competing priorities they must minimize fraud losses and control costs, while scammers continue to develop increasingly sophisticated threats. Banks must also avoid alienating their customers with erroneous alerts. The only answer is a single technology stack that mitigates fraud risks and streamlines processes, allowing firms to strengthen their long-term customer relationships and safeguard their organizational reputations. Fraud Management Studio is an intelligent omnichannel digital communication manager, preconfigured for real-time fraud management operations. It provides a managed service model that incorporates the most recent advancements in fraud prevention ensuring continuous technology updates. It gives organizations a consumer-centric view of transactional activity and enables them to combat the ever-evolving risk of fraud in the most effective way by connecting their data silos and analytics with a flexible platform that empowers users to author and edit rules without IT. This service offering is brought by a strategic collaboration between FICO and Infosys. Why FICO The world’s leading provider of analytics software, solutions and services that transform the way organizations understand their customers and optimize business processes around them. The Falcon Intelligence Network is FICOs enormous data resource composed of anonymized transactional and non-monetary data regularly contributed by over 10,000 financial institutions worldwide. This fraud consortium is unique to the financial services industry and is at the core of FICOs ability to innovate and create the most effective analytic and AI techniques and models on the market today. Across all transaction channels, our models achieve their foremost goal: to differentiate non-fraud from fraudulent activity with pinpoint accuracy. The data riches of the Falcon Intelligence Network are used to protect more than 2.6 billion payment accounts from being hit with fraudulent payments activity. This data also provides the ingredients for the FICO fraud and financial crime solutions, to fight fraud and financial crimes for the enterprise, across all payment channels, and across the customer lifecycle