NEW YORK — Actimize, a NICE Systems and provider of transactional-risk-management software for the financial industry, is providing MasterCard with technology to augment its ATM and debit-fraud-detection capabilities for issuers.
According to a news release, Actimize's fraud-detection analytics are unique in that their multidimensional profiles can be created and updated in real-time to detect suspicious activities at the card, device, account level and many other dimensions.
"MasterCard, the industry's security innovator and a global debit card leader, values our new relationship with Actimize in delivering value-added real-time risk scoring and fraud prevention solutions to our customers," says Bruce Rutherford of MasterCard. "We have already received affirmation of the value of this solution from our customers who use this technology and we are looking forward to further evolving the technology and models."
