May 26, 2021 at 08:44PM

Today, Fico, a global analytics software provider, announced the latest release of the Fico Falcon Fraud Manager model for Retail Banking, which leverages machine learning to detect and prevent scams by adding a Scam Detection Score to Falcon Fraud Manager’s existing third-party fraud detection score for retail banking transfers.
Fico says latest fraud model helps identify 50% more scam transactions …

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