PR - SiNSYS Implements Fair Isaac's TRIAD for European Card Issuers

Fair Isaac Corporation (NYSE: FIC), the leading provider of analytics and decision management technology, announced at its InterACT customer conference that European payment card processor SiNSYS has successfully integrated Fair Isaac’s newest TRIAD adaptive control technology with its processing platform. The account management solution will help European payment card issuers more effectively manage risk, build customer loyalty and grow credit and charge card portfolios.

A major Dutch card issuer is among the first SiNSYS clients to migrate their payment card portfolios to Fair Isaac’s new TRIAD platform 8.3. The migration marks the first time a TRIAD 8 system has been utilized to help issuers not only manage credit cards, but also design and execute more profitable account-level strategies for charge card portfolios.

"As many of our customers have expanded their business, their need for high-quality, secure and reliable account management solutions for safely managing risk and growth is more important than ever," said Nicola Cordone, Chief Executive Officer at SiNSYS. "Fair Isaac’s TRIAD system continues to lead the competition in being able to deliver accurate and timely results on large transaction volumes, and the newest version will add significant strength and capabilities to our payment card processing solutions."

The new platform also offers family-level account management functionality, which enables issuers to consider the risk of other known financial relationships in the household and manage the risk and rewards among members in a more effective, coherent and efficient way.
To deliver this advanced service, the TRIAD system has been integrated with the SiNSYS processing system (CSC’s CAMS II(TM)), which is designed to identify and configure family account structures and deploy advanced predictive modeling for analyzing risk across family relationships.

The TRIAD system 8.3 also provides clients with increased flexibility in how they utilize the system to process key decision areas, including credit line management, authorizations, collections, reissue, marketing, and pricing. Additionally, the upgraded version offers improved performance in processing speed, which is particularly important to clients with large portfolios and multiple products.

Fair Isaac’s TRIAD adaptive control system continues to be the most widely used solution for account management decisioning with more than 300 portfolio users in over 30 countries. Sixty-five percent of bankcards globally are processed on a Fair Isaac adaptive control system. The technology has been widely adopted across Europe, and is currently used to manage more than 140 million accounts in 17 countries. The TRIAD system 8.3 is available to end-users and processors immediately.

SiNSYS has in portfolio more than 21 million cards, 700,000 merchants and 1 billion transactions contracted, with ten countries served: Belgium, the Netherlands, Italy, Germany, Czech Republic, Hungary, Poland, Slovakia, Russia and Ukraine. The company delivers payment card processing services both in issuing and acquiring.