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Author Topic: Fractals to provide a comprehensive fraud solution  (Read 1420 times)
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Nahee_Enterprises
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« on: December 14, 2006, 11:18:26 PM »

According to this website:
    http://www.bobsguide.com/guide/news/16349.html


Euronet Worldwide to implement Alarics Fractals fraud detection solution
     CARTES, Paris  7 November 2006

Fractals will provide a comprehensive fraud solution for the prevention and detection of fraudulent transactions

Alaric is pleased to announce that Euronet Worldwide Inc. (Nasdaq: EEFT), a leading electronic payments provider, has chosen to implement Alarics Fractals fraud detection solution in its pan-European processing offering to both card issuers and acquirers.  The Fractals solution will enable Euronet to tailor fraud detection services to match the needs of its diversified customer base.

The Fractals system will enable Euronet to offer a comprehensive and best-in-class fraud detection solution as a value added service to its customers who rely on its proven transaction experience and capabilities to outsource their ATM, POS and Card systems.  The Fractals system was chosen due to its advanced technology design and industry leading real-time fraud detection capability.  Currently, Euronets data centres worldwide process approximately 80 million transactions per month for ATM and POS devices in 20 countries.
 
« Last Edit: October 11, 2013, 10:25:25 PM by Nahee_Enterprises » Logged

heneganj
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« Reply #1 on: December 15, 2006, 10:27:44 AM »

Unless I missed something....

I think there's somewhat of an irony here in that a fraud detection system called Fractals is (maybe) fraudulently purporting it has ANYTHING to do with fractals!

 huh?
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