PostFinance has expanded its partnership with FICO to enhance fraud protection and customer communications. Based on years of successful collaboration, PostFinance will expand its usage of FICO®? Falcon®?
Fraud Manager for debit card and FICO®? Customer Communication Services (CCS) to instantly intervene with customers when fraud is suspected. PostFinance serves a total of 2.4 million customers in Switzerland and processes around 4 million customer transactions daily with a total value of CHF 5.9 billion.
An estimated one-third of debit card transactions in Switzerland are made using PostFinance debit cards for domestic and international use. FICO Falcon Fraud Manager protects PostFinance's extensive transaction volume using artificial intelligence powered by more than 100 patents in fraud detection. FICO Falcon Fraud Manager is the world?s leading payment fraud solution, protecting more than 4 billion payment cards worldwide.
