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For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on.

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
  • Technology: We evaluate product innovations and technology trends as they impact a particular product class through interviews with manufacturers, installers and users, as well as contributed articles from subject-matter experts.
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  • Standards: Tracking the activities of North American and international standards-making organizations, we provide updates on specifications that are in-progress, looking forward to how they will affect cabling-system design and installation. We also produce articles explaining the practical aspects of designing and installing cabling systems in accordance with the specifications of established standards.

Cabling Installation & Maintenance is published by Endeavor Business Media, a division of EndeavorB2B.

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FICO Wins Machine Learning Award for Scams Detection Model

By: via Business Wire

Credit & Collections Technology Awards recognize FICO’s innovative solution for tackling growing fraud crisis

Global analytics software provider FICO won the Machine Learning in Credit and Collections Award at the 2022 Credit & Collections Technology Awards, held in London in late November. The award was for an advanced scam detection model, which is available to lenders using the Retail Banking model in FICO® Falcon® Fraud Manager, the world’s leading payments fraud protection solution.

More information: https://www.credit-connect.co.uk/news/credit-collections-technology-awards-announces-2022-winners/

The proliferation of mobile payment apps, new open banking standards and consumer stress caused by the global pandemic have caused Authorized Push Payment (APP) scams to grow at an alarming rate. This financial crime occurs when a customer is manipulated into sending money to an account controlled by the scammer. In the UK alone, according to UK Finance, 2022 saw a 30% increase in APP scams, as compared to 2020, with losses totalling £249M in the six months measured in their October 2022 report. According to Javelin Strategy & Research, person-to-person (P2P) payment fraud grew 18% from 2020 to 2021 with an estimated 18 million Americans scammed using P2P applications.

“Scams fraud is difficult to identify because the payment is authorized by the customer, so you can’t detect it just by looking at traditional third-party fraud indicators,” said Scott Zoldi, chief analytics officer at FICO. “Using proprietary machine learning techniques, we developed unique features and specialized algorithms to identify this behavior and the likelihood of a scam in real time.”

The model was trained on data from the FICO® Falcon® Intelligence Network, a consortium of global payment data with more than 9,000 contributing institutions. The model scores payment transactions for the likelihood that they are authorized push payment fraud.

“One of Falcon’s key analytic weapons, the account’s behavior sorted lists (B-list), is used to help determine abnormality,” said Zoldi. “By monitoring key attributes of an individual’s payment history, B-lists learn customers’ frequent, repeated behaviors (i.e., “favorites”). Hits and misses on these favorites allow the Falcon Fraud Manager model to decide between fraud, scam, and normal behavior.”

While banks and card issuers today have used the Falcon Retail Banking fraud score to detect both fraud and scams, the new Scam Detection Score detects 50% more scam transactions at a 0.5% transaction review rate. When a customer is using a favourite device or computer, the new Scam Detection Score identifies 24x the number of scam transactions than a standard fraud detection model.

FICO Falcon Fraud Manager is the leading payments fraud solution, and protects more than 2.6 billion payment accounts worldwide.

In July, FICO was named the Best Technology Provider for Data Analytics at the 2022 Credit Awards.

About the Credit & Collections Technology Awards

The Credit & Collections Technology Awards were launched in 2017 with the aim to reward technological innovation within the industry. The Awards highlight the success of companies and individuals who lead the way in enhancing credit and collections technology. The Awards provide a focus on technology at a time when credit and collections companies face business pressure in the form of continued regulatory scrutiny. The Awards examine different types of technology solutions which are helping companies enhance business strategy. Technology can help enhance reputation, strengthen performance, enable growth and create trust to enable better processes. https://awards.credit-connect.co.uk/

About FICO

FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 200 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 120 countries do everything from protecting 2.6 billion payment cards from fraud, to helping people get credit, to ensuring that millions of airplanes and rental cars are in the right place at the right time.

Learn more at www.fico.com

FICO and Falcon are registered trademarks of Fair Isaac Corporation in the U.S. and other countries.

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