A FORTUNE 1000 company, Heartland Payment Systems delivers credit/debit/prepaid card processing, mobile commerce, eCommerce, marketing solutions, security technology, payroll solutions, and related business solutions and services to more than 250,000 business and educational locations nationwide.

"Heartland realised that it needed a fraud system it could depend on as its volumes grow," said Mike Alford, CEO at Alaric. "It has hundreds of thousands of merchants - from fuel stations to restaurants - processing pre-paid, credit, debit and gift cards. Fraudsters are always adopting new methods to try to get past the technology, and Heartland knew that it had to be proactive in choosing a system that would help it stay ahead. I am delighted that they selected Fractals after researching all their options."

Georgia Stavrakis, Director of Loss Prevention at Heartland Payment Systems, said, "From our first conversations, Alaric showed true willingness to meet our requirements. Fractals was selected because of its strong analytics and modelling capabilities, the ease by which it could be integrated into the existing environment, and Alaric's expertise at delivering highly-effective fraud solutions."

Fractals is an intelligent fraud detection and prevention framework suitable for PSPs, online merchants, card issuers, acquirers and payments processors. When used 'in-flight' illegal transactions can be detected and stopped before a transaction is completed. Proprietary mathematical models incorporate self-learning allowing the model to automatically adapt to new fraud trends and retain its effectiveness. The Fractals Rules Engine enables fraud analysts to create and deploy powerful fraud detection rules within minutes, delivering substantial reductions in fraud losses. In the rapidly evolving world of electronic payments, Fractals benefits from continuous investment and R&D, ensuring that it remains at the forefront of fraud detection.