GZS, the German licensee of MasterCard International, has signed a multiyear agreement to use HNC Software Inc.'s Falcon credit card fraud control system.

Based in Frankfurt, GZS, which stands for Gesellschaft fur Zahlungssysteme, oversees Eurocard/MasterCard issuance by virtually all the German banks and savings banks. German Eurocards rose 20% last year to 5 million. The company has a 60% market share in Germany and is the largest card processor in central Europe.

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