Archive for March, 2012

Visa, MasterCard affected by ‘massive’ data breach

Saturday, March 31st, 2012

On the other hand, ¬†small data breach events (e.g, skimming) are happening on daily basis (a few hundred or thousand cards are skimmed here and there across millions of POS/ATM). They are less dramatic and wouldn’t make the headline. But their cumulative damage over a year is huge. That’s why we have developed¬†Fraudulent Card Early Detection Solution.

Check Fraud Detection Model Is Put Into Production

Friday, March 30th, 2012

Feedback from the client, one of the top 15 banks in US, was great. The volume of existing ASI19 check fraud alerts is reduced while more frauds are detected.