Alaric Systems Ltd. has issued its newest version of credit card fraud-protection software for financial institutions, card processors and retailers, the London-based company said Aug. 30 in announcing the release of Fractals 3.7.
The Payment Application Data Security Standard-certified software includes new features designed to improve enterprisewide fraud detection, increase governance and compliance, and streamline fraud and risk analysis activities, according to an Alaric press release.
“Fractals remains the world’s first and only PA-DSS certified fraud detection and prevention software,” Peter Parke, Alaric fraud solutions director, stated in the release. “We are excited to bring to market a number of enhancements to a solution which is already used by more than 145 organizations around the world.”
