MasterCard Improves Fraud Detection with Decision Modeling & Governance

To support its payment services, MasterCard launched a fraud detection service that assesses risk, monitors millions of transactions every day, and triggers responses when anomalies occur. A growing number of complexity and density of business rules created challenges to maintain short turnaround times and support high levels of service quality.

Prolifics helped re-engineer Mastercard’s fraud detection rule orchestration, rule governance, rule modeling and design, and simulation and testing. As a result, the company can more quickly and easily adapt to the increasing demand for these services.