Tags Payment fraud detection

Tag: payment fraud detection

2012 BAI Payments Connect: CONIX Systems to unveil National Duplicate Detection and Fraud Detection Database

MANCHESTER, Vt. /eNewsChannels/ -- With FFIEC compliance in force, operating efficiency paramount, and fraud evolving rapidly, CONIX Systems, Inc. (CONIX) has enabled financial institutions and payment processors to aggregate payment anomalies in a shared SaaS database. Creating a shared national duplicate and fraud detection database is imperative in meeting the challenges of today's increasing payment alternatives.