NYCE Incorporates Fair Isaac’s Falcon Fraud Detection System

MILWAUKEE – NYCE EFT network announced yesterday it has signed with Fair Isaac & Co. to provide its Falcon account profiling software to its ATMs and point-of-sale terminals. The Fair Isaac system, known as CardAlert Fraud Manager, will help institutions and merchants detect and stop fraud in real-time, during the authorization process and before a loss is incurred, by determining the risk associated with individual devices. NYCE, a wholly owned subsidiary of Metavante, operates over 280,000 ATMs and 1.5 million POS locations.

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