Posts Tagged ‘data analytics’

BDM’s Debit Card Fraud Detection Rules Won A Contract With One Of Top 15 Banks

Monday, September 27th, 2010

BDM signed a contract with one of the top 15 banks in America to provide debit card fraud detection rules. In a head to head competition, BDM’s rules detected far more frauds given the same number of alerts based on historical data than competitors did.  BDM rules were deployed into production and have screened almost 200 million debit card transactions in real time. They have delivered solid results and achieved annual ROI of 1,000%.   BDM rules are unique in that they detect fraud with extremely high accuracy statistically while they are interpretable by fraud prevention staff.

ABA talk rescheduled (9/23)

Friday, September 18th, 2009

More talks: Q&A with Forrester Research on Oracle ODM (9/23) and a Babson class presentation on DM (9/24).