FICO, ACI WORLDWIDE, AND THREATMETRIX RECOGNIZED AS VISIONARY LEADERS BY 360QUADRANTS FOR THE FRAUD DETECTION AND PREVENTION SOLUTIONS SPACE

Fraud detection and prevention (FDP) solutions are used by organizations to locate and counter fraud at an early stage. As fraudulent activities in the electronic payments space increase, so does the demand for FDP tools.

(EMAILWIRE.COM, October 16, 2019 ) Fraud detection and prevention (FDP) solutions are used by organizations to locate and counter fraud at an early stage. As fraudulent activities in the electronic payments space increase, so does the demand for FDP tools. Predictive analytics, social media analytics, customer analytics, and behavioral analytics are a few key features of FDP solutions. FDP is leveraged in numerous industries, including Banking, Financial Services, and Insurance (BFSI), healthcare, retail, manufacturing, and government.

On the 360Quadrants platform, FICO, ACI Worldwide, and ThreatMetrix are recognized as Visionary Leaders in the Fraud Detection and Prevention Solutions space. Companies that fall in this category have an established product portfolio and a powerful market presence.

The FICO FDP solutions portfolio includes FICO Enterprise Fraud and Security, FICO Application Fraud Manager, FICO Retail Fraud Manager, and FICO Falcon Fraud Manager. The FICO Falcon Platform is a fraud management solution that provides real-time protection against fraud across payment channels.

ACI Worldwide is a US-based payment systems company that develops cutting-edge software focused on enabling real-time electronic payments. Its FDP solutions are used globally by financial institutions, including banks, third-party electronic payment processors, switch interchanges, payment associations, corporations, merchants, and transaction-generating endpoints such as ATMs, POS terminals, mobile phones, tablet computers, and internet commerce sites.

The ThreatMetrix FDP product portfolio provides corporates with authentication, fraud detection, and identity verification solutions. ThreatMetrix has also developed Strong Customer Authentication (SCA) solutions that protect mobile users from fraud by securing their digital transactions.

The 360Quadrants platform provides the most granular Fraud Detection and Prevention Solutions comparisons between vendors.

Methodology

The methodology used to rank vendors of Fraud Detection and Prevention Solutions involved the use of extensive secondary research to identify key vendors by referring to annual reports, press releases, investor presentations, white papers, and various related directories and databases. 25 key vendors were shortlisted based on their breadth of product offerings, organization size, and several other criteria. The scores and weights for shortlisted vendors against each parameter were finalized after extensive research. After the finalization of ratings, each vendor was placed in the most relevant quadrant based on its score in the product offering and business strategy parameters.

About 360Quadrants

360Quadrants is the largest marketplace looking to disrupt US $3.7 trillion of technology spend and is the only rating platform for vendors in the technology space that combines data from buyers, vendors, experts, and in-house analysts. The platform provides users access to unbiased information that helps them make qualified business decisions. 360Quadrants enables vendors to influence the business decisions of potential clients. Vendors get to win ideal new customers, customize their quadrants, decide key parameters, and position themselves strategically in a niche space, to be consumed by giants and start-ups alike. 360Quadrants aims to simplify and de-risk complex purchase decisions by providing buyers with real-world insights from their peers, industry experts, analysts, and vendors, helping buyers make more informed decisions and find the best-fit solutions faster. Experts get to grow their brand and increase their thought leadership. The platform targets the building of a social network that links industry experts with companies worldwide.

360Quadrants has also launched quadrants in fields like Predictive Analytics Solutions, Application Modernization Services, and AI in Fintech Solutions.