FICO, which offers Falcon neural network-based fraud fighting technology to more than 9,000 issuers, networks, and processors around the world, sees consumers as willing allies in the effort to curb card fraud losses, which reached $16.31 billion worldwide in 2014. FICO Consumer Fraud Control gives cardholders controls and alerts for their payment cards through an issuer’s mobile app. Features include parameters on when, where, and how cards are used. Cardholders can block authorizations for certain transactions such as online purchases or cash withdrawals. They can set maximum transactio...