Cognizant and FICO Partner to Help Banks Prevent Real-Time Payments Fraud

April 17, 2024

https://www.prnewswire.com/news-releases/cognizant-and-fico-partner-to-help-banks-prevent-real-time-payments-fraud-302119790.html

Cloud-based solution provides banks and payment providers with fraud protection powered by artificial intelligence and machine learning

TEANECK, N.J. and BOZEMAN, Mont., April 17, 2024 /PRNewswire/ — Cognizant (NASDAQ: CTSH) announced today a planned collaboration with FICO, a leading analytics software company, to launch a cloud-based real-time payment fraud prevention solution powered by FICO® Falcon® Fraud Manager. The joint offering would leverage both firms’ artificial intelligence (AI) and machine learning (ML) technology to help banks and other payment service providers in North America protect their customers from fraud in the growing world of instant digital payments.

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