San Francisco-based Fair Isaac has signed Pan-European card processing utility Sinsys to its account management system, Triad and fraud detection technology, Falcon Fraud Manager.
Established in 2003 by Banksys, Interpay and SSB, Belgium-based Sinsys now has a combined portfolio of more than 23 million payment cards under contract in Belgium, the Czech Republic, Hungary, Italy, Poland, Slovakia and the Netherlands. In total these cards generate more than a billion transactions each year.
Sinsys says it will integrate Fair Isaac's Triad adaptive control system with its processing platform to help card issuers more effectively manage risk. The firm will use the vendor's payment card fraud detection system, Falcon Fraud Manager, to monitor debit and credit card transactions for suspicious activity.
Arnold Sneijers, chief commercial Officer at Sinsys, comments: "With this alliance, we will add even more value to Triad and Falcon for continental Europe customers by incorporating more localised scoring models and achieving full real-time integration of Triad and Falcon with a leading European card management system."
Andrew Jennings, VP of global customer management solutions, Fair Isaac, says the alliance with SiNSYS offers a new channel for deploying Fair Isaac's technology for account management and fraud detection in Europe.