Card Alert
The
FICO® Card Alert Service combats credit card fraud in multiple locations, ATM counterfeit debit card fraud, and ATM deposit fraud. This service analyzes transactions across a network and attempts to identify and report counterfeit cards before the majority of institutions incur losses.
Falcon Fraud Manager detects fraudulent transactions on individual card holder accounts. Card Alert, on the other hand, detects large scale, card counterfeit losses. Integrating Card Alert with Falcon Fraud Manager improves detection speed and accuracy of fraudulent transactions.
Two data feeds flow from Card Alert to Falcon Fraud Manager: one contains the Card Alert Service Suspect (Counterfeit and Deposit) records and the other contains Card Alert Service Block & Reissue card records.