Consumer banking preferences are changing - fast. Customers want to transact how and when they choose, without latency. They want a banking relationship that’s 100% convenient and 100% secure. The FICO Falcon Platform, the world’s most intelligent fraud platform, advances the consumer experience by extracting frauds from real time payment streams while remaining invisible during legitimate transactions.
| Product | Market Share (%) |
|---|---|
| FICO Falcon Platform | 8.0% |
| ThreatMetrix | 11.7% |
| BioCatch | 6.9% |
| Other | 73.4% |
With over 70 patents in fraud-specific machine learning and AI, the FICO Falcon Platform helps financial institutions detect and prevent fraud seamlessly, in real time, all while improving the bottom line and advancing the consumer experience.
The FICO Falcon Platform allows you to score transactions, across a rapidly expanding array of payment options, and understand customer behavior patterns so you can intelligently prevent and monitor suspicious and fraudulent behavior.
FICO Falcon Platform was previously known as Falcon Platform.
| Author info | Rating | Review Summary |
|---|---|---|
| Manager - Anti-Fraud Strategy & System Solution Officer at a financial services firm with 10,001+ employees | 3.5 | I use FICO Falcon Platform for fraud detection, appreciating its real-time decisions and consortium data model. However, the learning curve is steep, and integration is challenging. I'm exploring alternatives like Fiserv and GBG's next-gen product due to high costs. |
| Senior Systems Analyst at Itau Unibanco S.A. | 5.0 | I find FICO Falcon effective for detecting fraud through anomaly detection in Brazil, as it customizes models for local transaction patterns. However, integrating blockchain could enhance transparency and efficiency, even though it's not currently implemented. |
