SAN JOSE, Calif., Feb. 14, 2017 /PRNewswire/ --
HIGHLIGHTS:
- FICO has received the Silver award for Best in Cybersecurity
& Fraud Prevention from Fintech Finance
magazine
- The award recognizes FICO's work in fraud prevention as well
as cybersecurity
- These are the first Fintech Finance awards
Silicon Valley analytic software firm FICO has received the
Silver award for Best in Cybersecurity & Fraud
Prevention from Fintech Finance magazine. The award
recognizes FICO's pioneering work with the FICO®
Falcon® Fraud platform and its cybersecurity
solutions.
More information:
http://www.fico.com/en/fraud-security/enterprise-fraud-and-security-solutions
"FICO is a clear leader in the fraud arena with its Falcon
platform, which is used across jurisdictions to combat fraud
through event processing, monitoring, rules and case management for
transactions," said Ali Paterson,
senior editor at Fintech Finance. "They have also
developed an impressive set of cybersecurity solutions that feature
self-calibrating analytics, providing real-time detection of
emerging threats. The company has been fighting fraud longer than
its competition, and has continued to lead with analytic
innovations and their application to new problems."
FICO offers FICO® Falcon® Cybersecurity
Analytics for threat detection based on groundbreaking User and
Entity Behavior Analytics, as well as the FICO®
Enterprise Security Score, which applies machine learning to
objectively assess the security risks of an organization. These
solutions complement the FICO® Falcon®
Platform, the world's leading solution for enterprise fraud
protection, which protects more than 2.6 billion payment cards
worldwide. This year marks the 25th anniversary of
Falcon, which was the first commercial anti-fraud solution to
employ artificial intelligence and machine learning.
"FICO has invested heavily in analytics for fighting financial
crime for nearly three decades," said Doug Clare, vice president of cybersecurity
solutions at FICO. "The strength of our portfolio, and the
level of invention in our products, is unmatched. We are proud to
get this award from Fintech Finance, recognizing our efforts to
protect not just banks but all kinds of businesses and their
customers."
About FICO
FICO (NYSE: FICO) powers decisions that help people and
businesses around the world prosper. Founded in 1956 and based in
Silicon Valley, the company is a pioneer in the use of predictive
analytics and data science to improve operational decisions. FICO
holds more than 170 US and foreign patents on technologies that
increase profitability, customer satisfaction and growth for
businesses in financial services, telecommunications, health care,
retail and many other industries. Using FICO solutions, businesses
in more than 100 countries do everything from protecting 2.6
billion payment cards from fraud, to helping people get credit, to
ensuring that millions of airplanes and rental cars are in the
right place at the right time.
Learn more at www.fico.com.
Join the conversation at https://twitter.com/fico &
http://www.fico.com/en/blogs/
FICO and Falcon are trademarks or registered trademarks of Fair
Isaac Corporation in the US and other countries.
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SOURCE FICO