Viseca Card Services Reduces Fraud Loss With SAS
Source: SAS Institute
Viseca Card Services is a Switzerland's largest credit card company, with 1 million cards. Viseca Card Services wanted to prevent losses by detecting and preventing fraud on Viseca Card Services 1 million credit cards and more than 100,000 daily transactions. To master these challenges Viseca Card Services chose SAS Institute. Viseca Card Services deployed SAS Enterprise Miner, SAS Enterprise Guide, SAS Text Miner and SAS BI Server. With these solution company were able to achieve Eighty-one percent of all fraud cases are found within a day, and total fraud loss has been reduced by 15 percent.