To help credit unions protect members from debit and ATM card fraud, CO-OP provides Falcon™ Fraud Manager, the industry-leading neural network fraud detection system. Falcon™ Fraud Manager integrates superior fraud detection capabilities and 24/7 case management services to help you detect more fraud, locate it faster and take proactive actions to dramatically minimize member risk and losses to your credit union.
Falcon™ Fraud Manager is an optional service within the Core Risk Management level
of CO‑OP’s fraud and risk products, offering:
Minimized risk, with dynamic, intelligent software to fend off emerging fraud attacks and continually improve false positive rates.
Increased efficiency, with CO-OP’s in-house professional Card Member Security Center there is no need to hire and train fraud specialists plus fraud risk and loss savings analysis.
Improved member service, choose from our two innovative options:
1. Falcon Real-time allows highest risk transactions to be evaluated before the authorization decision occurs.
2. Falcon Online evaluates transactions after the authorization decision takes place.
With a powerful combination that includes advanced scoring technology and specialized fraud analysts working around the clock, Falcon™ Fraud Manager is your primary tool in effectively managing the increasing risk associated with debit card programs.