FICO Scores Key Partnership with Infoglide
by Douglas Wood, Infoglide Senior VP
On the heels of recent news that the Infoglide-powered TSA ‘Secure Flight’ program has received a 2011 Technology Innovation Award from Government Computer News comes word that FICO, the leading provider of analytics and decision management technology, has announced that it is enhancing its risk management and fraud detection applications by incorporating Infoglide’s market-leading Identity Resolution Engine® (IRE) software. Infoglide’s IRE will serve as the identity resolution engine and link analysis solution across FICO’s suite of fraud detection and risk management products, which include the industry-leading FICO™ Falcon® Fraud Manager for credit grantors and FICO™ Insurance Fraud Manager.
More: See the announcement here.
Having worked with the leadership team at FICO now for many months, I can attest to their deep underlying commitment to bring only the best analytic capabilities to market. With the tight integration of Infoglide and FICO products, fraud investigators can identify customers with greater precision, and use link analysis to find connections between transactions, people, third parties and discrete fraud events that can reveal previously hidden fraud schemes. The combined capabilities expand the view of the fraud investigator and enable the identification fo more complicated fraud patterns, criminal fraud rings, and networks of collusive participants that might otherwise appear disconnected from the fraud problem.
Infoglide is thrilled to be teaming with an undisputed market leader, and we are already working diligently with their product team(s). FICO will first focus on integrating Infoglide’s capabilities with FICO Falcon Fraud Manager and FICO Insurance Fraud Manager, in order to enable the many users of these solutions to drive more effective fraud investigations and prevent the most complex fraud schemes, often involving multiple individuals and organizations.
As part of the partnership commitment by both parties, Infoglide will be attending FICO World in New York City from November 1 – 5. I hope to see you there!