Reported Earlier, FICO Solutions Help Bank Mandiri Slash Fraud By Over 80% Across Digital Channels As E-Commerce Booms In Indonesia
Portfolio Pulse from Benzinga Newsdesk
FICO's fraud management solutions have enabled Bank Mandiri to significantly reduce fraud across digital channels, achieving an 80% decrease in card payment losses and an 85% reduction on their digital app. This success has earned Bank Mandiri a 2024 FICO Decisions Award for Fraud Management.
September 17, 2024 | 6:47 am
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FICO's fraud management solutions have significantly reduced fraud for Bank Mandiri, leading to an 80% decrease in card payment losses and an 85% reduction on their digital app. This success has earned Bank Mandiri a 2024 FICO Decisions Award.
The significant reduction in fraud for Bank Mandiri using FICO's solutions highlights the effectiveness of FICO's products, potentially boosting its reputation and attracting new clients. The award further enhances FICO's credibility in fraud management.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80