First Data Corporation

First Data contracted with Executive Order to create Fraud Management and Store Tracking Systems

First Data – Marietta, GA

January 2004 — Executive Order develops a fraud prevention solution for payment, credit, oil, and retail card issuers to minimize fraud losses by detecting fraudulent card transactions in real time for First Data. The Executive Order Fraud Manager assists credit card issuers to combat identity theft by recognizing suspicious transactional patterns and applying predictive modeling – unparalleled protection from credit card fraud. The profiling technology and broad-based consortium models deliver reliable fraud scoring at the lowest false positives in the industry, resulting in significantly reduced fraud losses. Also, Falcon Fraud Manager delivers:

  • Automated individual transaction analysis
  • Seamless integration with institutional authorization systems
  • Region-specific fraud modeling
  • Rules customization to fit the business strategy
  • Comprehensive case management
  • Fraud modeling alert