Credit Card News

Advertising Disclosure is an independent, advertising-supported web site. receives compensation from many credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. has not reviewed all available credit card offers in the marketplace.

Credit Card Applications » News » Card Issuers » Ethoca and FICO Fighting CNP Fraud

Ethoca and FICO Fighting CNP Fraud

Add to Favorites:
Ethoca and FICO Fighting CNP Fraud

FICO and Ethoca, a technology company, are partnering up on a project providing card issuers and online merchants with a way to not only boost card acceptance, but to thwart ecommerce fraud and disputes.

With this partnership, card issuers who are now using FICO’s Falcon Fraud Manager, will have a streamlined way to connect to Ethoca’s Global Collaboration Network.

This connection will allow them to increase the recovery of losses due to card not present (CNP) fraud, and in turn circumvent the expensive chargeback process.

“Our partnership with Ethoca broadens our complement of fraud management solutions and expands the partnership between issuers and merchants. This first step in our partnership gives card issuing banks access to the largest card issuer-merchant collaboration network in the world,” said Robert Duque-Ribeiro, Vice-President and General Manager for Fair Isaac Advisors at FICO. “That means they are now able to recover issuer-liable fraud losses like 3D Secure transactions and low-value transactions they would normally write off, while making the recovery of merchant-liable CNP fraud transactions faster and much more cost-effective.”

Reducing the costly affects of fraud

More and more fraud claims are costing card issuers money. Now Ethoca Alerts, the flagship service, works side-by-side with FICO’s Falcon software, offering card issuers across-the-board CNP fraud solution. This technology partnership spans all stages of the fraud life cycle, touching on everything from protection and prevention to alerts, investigation and recovery.

In this collaboration FICO will offer card issuers with a wide range of flexible options giving them an easy way to take part in Ethoca’s Global Collaboration Network.

Getting in on the partnership

Issuers who are already using FICO’s Falcon Fraud Manager can opt in to also participate in Ethoca’s network via direct integration. Falcon uses advanced analytics in order to not only evaluate, but also score card transactions, in terms of potential fraud.

When CNP fraud is authenticated between a cardholder and their bank then Ethoca Alerts goes live. When card issuers fraud claims are confirmed, alerts are sent to over 5,000 merchants located around the world. Ethoca’s merchant customers will then stop filling fraudulent orders and issue refunds to cardholders.

Add to Favorites:

Related News:

FICO Upping Credit Around the World
FICO Upping Credit Around the World

By Dar Dowling, Posted: October 31, 2016

FICO has launched their Financial Inclusion Initiative, giving people who have a very limited credit history or don't have a traditional credit history a chance to access credit. Continue reading
Global Fraud On Hackers To-Do List This Season
Global Fraud On Hackers To-Do List This Season

By Dar Dowling, Posted: December 02, 2016

With the holiday shopping season upon us, retailers around the world can expect a 12% bump in online fraud when compared with data from the holiday season last year. Continue reading
Upswing in Compromised Debit Cards
Upswing in Compromised Debit Cards

By Dar Dowling, Posted: April 04, 2017

If you have been wondering if debit cards are more at risk for cyber crime, you might just be on to something, according to a new report by FICO, indicating that 70% more debit cards were compromised security wise. Continue reading
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
Bonus Miles - For example, if you earn 20,000 Miles, you get 40,000 Miles. We'll match all the Miles you've earned at the end of your first year.
For Excellent, Good Credit
You could turn $200 into $400 with Cashback Match™. Get a dollar-for-dollar match of all the cash back you’ve earned at the end of your first year, automatically.
For Excellent, Good Credit
No Annual Fee
For Bad Credit