Carreker to Offer
Syfact's Industry-Leading Case Management Solution as
Part of End-to-End Fraud Detection, Prevention and Investigative
Management Solution
Dallas, Texas – July 6, 2007 – Carreker Corporation
(Nasdaq: CANI), a leading provider of technology and
consulting solutions for the financial industry, today
announced an alliance with Syfact, a leading provider
of global investigative management solutions, that will
allow Carreker to offer Syfact's case management product,
Syfact® Investigator, to its global client base
of financial institutions. Combining Carreker's proven
fraud detection solutions with Syfact's leading case
management capabilities offers financial institutions
a true end-to-end solution in fraud detection, case
management, recovery and compliance.
The alliance allows Carreker to broaden its risk management
solutions portfolio by providing its clients with world
class case management software as well as implementation
services, training and support for Syfact solutions.
Carreker currently offers financial institutions around
the world advanced transactional fraud detection and
prevention capabilities through its CORE Fraud Manager
solution suite. Fraud Manager uses advanced analytics
and modeling techniques to review multiple transaction
and behavioral patterns to detect and prevent fraud
schemes in batch and real-time.
Syfact® Investigator is a state-of-the-art case
management solution that allows financial institutions
to go beyond fraud detection. Syfact's solution streamlines
the investigative process by consolidating fragmented
data and allowing for segmented, secure data sharing
across the enterprise.
"Our alliance with Carreker addresses a real need
in the financial services industry," said Gerard
Willemse, Syfact Founder. "Combining Carreker's
deep domain expertise in providing fraud detection and
risk management solutions with Syfact's leading investigative
case management capabilities significantly enhances
the ability of financial institutions of all sizes to
efficiently and effectively combat money laundering
and fraudulent schemes, while still meeting increased
regulatory requirements."
"This alliance allows us to complete a major component
of our risk management offering and provides us with
the ability to offer one of the most comprehensive fraud
detection and investigative case management solutions
in the industry," said Thomas G. Gordon, senior
vice president, Risk Management Solutions Group, Carreker.
"This end-to-end solution allows financial institutions
to be proactive in their efforts to combat financial
crimes, improve efficiencies, and reduce operational
risks."
J.D. (Denny) Carreker, Carreker chairman and CEO said,
"Our established leadership in offering risk management
solutions that help protect some of the largest banks
in the world continues be instrumental in bringing about
opportunities to ally with leading companies like Syfact.
This agreement allows us to increase the value we bring
to our customers as well as all other stakeholders."
About Carreker Corporation Carreker Corporation improves earnings for financial
institutions around the world. The Company's integrated
consulting and software solutions are designed to increase
clients' revenues and reduce their expenses, while improving
security and increasing the value of their customer
relationships. Carreker provides products and services
to more than 250 clients in the United States, Canada,
the United Kingdom, Ireland, continental Europe, Australia,
New Zealand, South Africa, South America, Mexico, and
the Caribbean. Clients include the full range of community,
regional and large banks, among them more than 75 of
the largest 100 banks in the United States. Headquartered
in Dallas, Texas since 1978, Carreker Corporation has
offices in London and Sydney. For more information,
visit www.carreker.com.
About Syfact Syfact is a leading global provider of investigative case management solutions, best practices, and technologies. For over a decade, Syfact has been trusted by many of the world's largest and most respected corporations and financial institutions, providing innovative solutions that both simplify and enrich the most complex fraud, money laundering, customer due diligence, and corporate security investigations. Syfact maintains offices in both North America and Europe. To learn more, visit
www.syfact.com
