COOPER is the data-driven "brain" inside of CO-OP, designed to detect and fight fraud faster than ever before.
COOPER works behind the scenes to identify abnormal patterns, constantly learning and adapting with each transaction. With an intuitive machine-learning platform coupled with our team of experienced CO-OP Fraud Analysts at work, COOPER can outpace fraudsters to improve your line of defense and speed the resolution process, too.
COOPER Fraud Analyzer
This fraud mitigation tool combines rules, decisioning and reporting to provide fraud prevention and detection to all Shared Branch Network account-based products. When a transaction is flagged as suspicious, COOPER Fraud Analyzer opens a case to be investigated further. The disposition of the transaction is recorded in the database, so COOPER can learn from the experience, adding yet another layer of intelligence to the system.
COOPER Fraud Score (coming next)
COOPER Fraud Score will use machine learning to create a risk scoring model that determines the level of suspicion on a transaction on both account-based and card-based products. The score will have the capability to detect when an attack is made on a credit union so that it can be quickly detected and stopped.
To learn more about COOPER, click here.