The 61 million Cartes Bancaires (CB) brand payment cards issued by banks in France are now being protected by fraud fighting technology from Iris Analytics. Over 80% of CB cards are co-branded with Visa and MasterCard brands. However, when transactions occur in France, which is about 42% of all POS and ATM transactions on CB cards, authorization messages route through a node operated by a CB technology company subsidiary called Société d’Exploitation de Réseaux et de Services Sécurisés (SER2S).
Iris Analytics technology installed at the SER2S data centers examine all domestic cardhol...
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