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INSS selects Alarics payments, fraud prevention technology to deliver services across Greece, Turkey, the Middle-East

Tuesday 8 May 2012 00:39 CET | News

Greece-based INSS (Innovative Solutions and Services) has joined forces with Alaric Systems, a supplier of technology payment related products and services, to use the latter`s Fractals fraud prevention solution and Authentic Payments switching technology to deliver services to financial institutions, telecommunications companies and other corporate clients in Greece, Turkey and the Middle East.

Authentic is a highly configurable EFT authorisation and routing system, specifically designed for the card payments market. Fractals is an intelligent fraud detection and prevention framework suitable for card issuers, acquirers and payments processors. Proprietary mathematical models enable illegal transactions to be detected and stopped before a transaction is completed. The Fractals Rules Engine enables fraud analysts to create and deploy fraud detection rules within minutes.


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Keywords: INSS, fraud prevention, Alaric Systems, Factals fraud, Authentic Payments
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce






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