Entercard Adopts FICO Platform to Fight Application Fraud

About this update from Fair Isaac Corporation

[{"type":"text","content":"Nordic finance leader will use multiple capabilities of FICO® Platform to prevent fraudulent applications","length":105,"tagName":"p","attribs":{}},{"type":"text","content":"STOCKHOLM, May 13, 2025--(BUSINESS WIRE)--FICO (NYSE: FICO):","length":60,"tagName":"p"},{"type":"text","content":"Highlights:","length":11,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Entercard will use AI-powered technology from FICO to better identify fraudulent account openings","length":97,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Entercard will use FICO® Platform’s capabilities for model development, identity resolution, streaming data, customer profiling and service orchestration","length":153,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":250,"olType":false},{"type":"text","content":"As part of its enterprise fraud programme, Entercard will use AI-powered technology from global analytics software leader FICO to better identify fraudulent account openings. FICO® Platform’s capabilities for model development, identity resolution, streaming data and service orchestration will help Entercard, one of the leading Nordic finance companies, build and deploy powerful fraud scorecards, confirm applicants’ true identities through advanced network link analysis and detect fraudulent applications.","length":510,"tagName":"p"},{"type":"text","content":"More information: https://www.fico.com/en/fico-platform","length":55,"tagName":"p"},{"type":"text","content":"Using FICO’s powerful tools, Entercard can enhance their ability to target a variety of criminal activity such as:","length":114,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Synthetic identity fraud – e.g., fake profiles built over time.","length":63,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"First-party fraud – intentional misrepresentation by genuine applicants.","length":72,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Mule detection – accounts opened to facilitate fraud.","length":53,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"ID theft / impersonation – fraudsters applying using stolen identity information.","length":81,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Application velocity checks – tracking multiple applications...

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