UK-based Retail Decisions has formed a partnership with e-payments outfit First Ecommerce Data Services Limited (FEDS) to extend its payment card risk management services to small to medium-sized banks.
By leveraging both rules-based and predictive neural risk management and analysis tools, Retail Decisions says it offers solutions to identify and prevent payment card fraud.
Carl Clump, CEO, Retail Decisions, says: "FEDS is one of the first offshore credit card transaction processing companies to offer multi-currency processing and settlement.
"This relationship will enable us to introduce our services to the FEDS client base and help us strengthen our position within the offshore international banking community."
The company currently protects nearly 10,000 retail sites globally.