First Data Germany relies on RiskShield – contract extension

First Data Germany and INFORM agreed to continue and to extend their partnership concerning fraud prevention until at least 2012. First Data Germany uses INFORM’s software solution “RiskShield” for fraud prevention in payment at home and abroad. The usage of RiskShield is focused on fraud detection and fraud prevention with credit and debit cards (“issuing”) as well as on merchant fraud and to protect merchants against customer fraud (“acquiring”).

Due to the high transaction volume First Data requires a supreme high- performance system which offers the possibility to react quickly and flexibly to new fraud patterns without support of IT-experts. Subsequent to a new evaluation process with a high number of software providers in 2008, First Data Germany decided to optimise the already established RiskShield version for fraud prevention on merchant fraud together with INFORM in order to strengthen the own market position.  

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