The report, Vendor Assessment: Industry Short List for Payments Fraud Management Software â The Move to Enterprise Fraud Management (Document # FIN221307), evaluated technology providers based on how well their products fit market needs and
provide confidence in ownership. The fit to market assessment uses criteria that assess the strength of a product in terms of feature/functionality, interoperability, architecture, quality of service and support and cost. The ownership confidence assessment addresses the soundness of a technology supplier's strategy, financials, commitment to an industry, and customer satisfaction.
Fiserv achieved the highest level of assessment in the ownership confidence category, and the second-highest level of assessment in the fit to market category. âFiserv achieved an overall high rating based mainly on its powerful combination of broad functionality with
strong professional services and customer supp rt,â said Aaron McPherson, practice director for IDC Financial Insights.
Part of the core competency in risk and compliance, Financial Crime Risk Management solutions from Fiserv are designed to enhance and optimize financial institutionsâ financial crime risk management operations, by delivering best-in-class fraud and anti-money
laundering (AML) transaction monitoring solutions, integrated with a common platform for automated alert intelligence and investigation, case management and regulatory reporting. âEvery year, payment systems fraud is becoming more advanced and complex,â said John Filby, president, Risk and Compliance Solutions, Fiserv. âWe are committed to providing the financial services industry with intuitive, flexible and innovative fraud management solutions that address these increasing risks. Fiserv is honored to be recognized by IDC Financial Insights for the quality of our solutions.â