FICO upgrades fraud detection software

By GRC Announcements2019-09-28T17:19:00+01:00

No comments

FICO has announced its upgraded Falcon X fraud detection software in addition to the launch of its Financial Crimes Studio.

Falcon X utilizes AI and machine learning technology aimed at preventing new forms of fraud and financial crime that are enabled by the rapid adoption of real-time payments. Running on Amazon Web Services, Falcon X streamlines both fraud detection and anti-money laundering processes.

Financial Crimes Studio is designed to shorten the time to develop and deploy real-time financial crime models through purpose-built and domain-specific FICO machine learning algorithms.

Topics

No comments

Interested in writing for CW?

Compliance Week accepts outside contributions from corporate chief compliance officers and other senior-level GRC practitioners. To learn more, contact Editor in Chief Kyle Brasseur.

News Brief
OneMain Financial fined $4.25M in NYDFS cybersecurity case
2023-05-25T17:16:00Z
Mortgage servicer OneMain Financial Group will pay $4.25 million to settle allegations it left customer information vulnerable to cyberattacks by failing to implement required controls under New York’s cybersecurity law.
Blog
Securian Financial recruits DEI chief from Target
2023-05-24T14:25:00Z
Securian Financial announced the appointment of Tariq Malik as second vice president and chief diversity officer.
Article
Expert: It’s time to embrace artificial intelligence
2023-05-23T17:10:00Z
The rapid rate at which technology is developing is staggering, particularly in relation to artificial intelligence. Can we, as compliance practitioners, keep up?

No comments yet

You're not signed in.

Only registered users can comment on this article.

More GRC Announcements

Article
ICA announces MENA financial crime compliance conference
2022-06-15T20:33:00Z
The International Compliance Association, a leading professional body for the compliance community, announced its first MENA 2022 Regulatory and Financial Crime Compliance Conference on at the Fairmont Hotel, Dubai.
Article
ICA partners with Series B to advance compliance education globally
2021-12-21T15:50:00Z
The International Compliance Association has partnered with international legal and compliance recruitment firm Series B to advance compliance education across the world.
Article
ICA launches financial crime risk assessment tool
2021-11-17T22:40:00Z
The International Compliance Association has launched an enterprise-wide risk assessment tool to help its members better assess, document, and manage financial crime risk.

Learn how to utilize the cognitive interview

Earn CPE credit with Compliance Week

New offering: Membership + Training bundle

FICO upgrades fraud detection software

Topics

Interested in writing for CW?

Compliance Week accepts outside contributions from corporate chief compliance officers and other senior-level GRC practitioners. To learn more, contact Editor in Chief Kyle Brasseur. googletag.cmd.push(function() { googletag.display('div-gpt-ad-B'); });

Related articles

OneMain Financial fined $4.25M in NYDFS cybersecurity case

Securian Financial recruits DEI chief from Target

Expert: It’s time to embrace artificial intelligence

No comments yet

Only registered users can comment on this article.

More GRC Announcements

ICA announces MENA financial crime compliance conference

ICA partners with Series B to advance compliance education globally

ICA launches financial crime risk assessment tool

Compliance Week accepts outside contributions from corporate chief compliance officers and other senior-level GRC practitioners. To learn more, contact Editor in Chief Kyle Brasseur.