Network Utilities becomes first UK Pulse Secure NA... » UK: Pulse Secure  has announced Network Utilities (Systems) Ltd as the first Secure Premier partner ... SentinelOne Establishes $1 million cyber threat ... » PALO ALTO, CA: SentinelOne has announced a cyber threat protection guarantee to provide customers wi... New study reveals software pricing and licensing t... » Maidenhead, UK: The enterprise software marketplace is undergoing a massive transformation as the pr... 380 MOBOTIX Outdoor Cameras installed at ancient R... » Langmeil, Germany:  Pompeii is the world-famous ancient Roman city near modern Naples which may rece... LOCKEN extends frontiers of access control beyond ... » As the digital era continues to evolve businesses are increasingly looking to expand access control ... Liverpool to host Armed Forces Day 2017 » The ninth annual Armed Forces Day, honouring the work and dedication of our brave Servicemen and w... OF FOOLS OF THE MIDDLE BELT, ONE NORTH AND PASTORA... » PART FIVE A treatise on pastoral jihadism, islamism, arabism and cultural imperialism in Nigeria ... Dimension data helps police keep Tour de Yorkshi... » Tracking and data technology on police cars, motorcycles, and vans helped lead, surround, and follow... Al Murabit Security Services first Iraqi company... » Baghdad: Al Murabit Security Services (“AMS”) and its sister company Al Thaware Security Services (“... Optex Systems locks in $518,000 shipment to Brazil » RICHARDSON, TX: Optex Systems, Inc. has announced that it has completed its first shipments of its p...

CLICK HERE TO

Advertise with Vigilance

Got News?

Got news for Vigilance?

Have you got news/articles for us? We welcome news stories and articles from security experts, intelligence analysts, industry players, security correspondents in the main stream media and our numerous readers across the globe.

READ MORE

Subscribe to Vigilance Weekly

Information Security Header

Alaric, a global supplier of fraud prevention and payments solutions, has opened a Rome based data analytics research centre to further develop the ultra high-performance numerical algorithms for its acclaimed Fractals fraud detection system. Such algorithms are critical to ensuring truly effective ‘in-flight’ fraud prevention. The investment is seen as a reflection of a long standing relationship with the data-mining group at the Sapienza Università di Roma.

The new centre will enable Alaric to accelerate its algorithmic research programme, thereby enhancing the levels of support delivered to its growing base of analytics customers in Europe, the Americas and Asia/Pacific. It will also allow Alaric to build significantly upon its relationship with the university going forwards.

"Historically, real time model-based analytics have mostly been used by card issuers for third party fraud detection," says Peter Parke, Operations Director of Alaric Systems. "However, the need for in-flight predictive analytics is exploding to encompass first party fraud, merchant fraud and dynamic credit risk management as well as card fraud prevention. Many banks and processors, whether issuers, acquirers or PSPs, are recognising the benefit they can derive from deploying real time model-based analytics.