Driving payment evolution through integrated security enhancements, First Data's product solution set has been expanded with additions to its Consumer & Commercial Payments, Information & Analytics Solutions and Advanced Solutions & Innovation offerings for merchants and financial institutions.

Consumer & Commercial Payments

DefenseEdge - this decisioning solution gives financial institutions (FIs) a more accurate measure of potential risk and the ability to identify fraud as it happens, reducing the number of false positives while offering a higher level of transaction security.

SpendTrend Insights Fraud Analysis - a robust, ad hoc reporting tool that captures and analyzes transaction data to improve fraud trend identification within an FI's portfolio, automatically alerts fraud trends, increases operational efficiencies and reduces fraud losses.

Information & Analytics Solutions

First Data Merchant Alerts - this new product offering is available to merchants through an application within the BusinessTrack secure portal. It delivers timely email notifications of recent deposit, funding or dispute activity.

Advanced Solutions & Innovation

Token Pay/Self-Checkout - an innovative solution that enables merchants to offer payment services within a mobile application. The first phase uses a mobile self-checkout with an over-the-air (OTA) token that allows consumers to register with a merchant and add a payment choice.

"Today's fraudsters are more sophisticated than ever in their operations and are always on the lookout for new ways to exploit vulnerabilities in the global payments ecosystem. This latest quarterly release illustrates how First Data is driving next generation payment capabilities by protecting our customers through innovative security enhancements to our solutions," said Mark Herrington, executive vice president of Global Product Management and Innovation, First Data.