Fair Isaac Corporation $(FICO)$ has announced a new collaboration with Entercard, a leading Nordic finance company, to enhance their efforts in combating application fraud. Entercard will adopt the AI-powered FICO® Platform to improve the identification of fraudulent account openings. The platform's capabilities in model development, identity resolution, streaming data, and service orchestration will enable Entercard to build robust fraud scorecards and confirm the true identities of applicants. This initiative aims to tackle various fraudulent activities, such as synthetic identity fraud, first-party fraud, mule detection, and ID theft. The partnership underscores Entercard's commitment to security and customer experience, leveraging FICO's cutting-edge analytic services.
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