Latest news with #YannickLeclerc
Finextra
13-05-2025
- Business
- Finextra
Entercard adopts Fico platform to fight application fraud
As part of its enterprise fraud programme, Entercard will use AI-powered technology from global analytics software leader FICO to better identify fraudulent account openings. 0 FICO® Platform's capabilities for model development, identity resolution, streaming data and service orchestration will help Entercard, one of the leading Nordic finance companies, build and deploy powerful fraud scorecards, confirm applicants' true identities through advanced network link analysis and detect fraudulent applications. Using FICO's powerful tools, Entercard can enhance their ability to target a variety of criminal activity such as: • Synthetic identity fraud - e.g., fake profiles built over time. • First-party fraud - intentional misrepresentation by genuine applicants. • Mule detection - accounts opened to facilitate fraud. • ID theft / impersonation - fraudsters applying using stolen identity information. • Application velocity checks - tracking multiple applications in short timeframes. • Bust-out fraud - identifying intent to default from account opening 'We needed a wide range of cutting-edge analytic services that are interoperable and composable, to align with our strategic technology architecture and our enterprise case management technology,' said Céline Goulfault, chief operations officer at Entercard. 'FICO is a trusted partner with a long history of delivering outstanding results at Entercard.' 'FICO Platform gives us the flexibility and power we need to complement our existing capabilities and improve our customer experience while keeping security as our top priority,' said Yannick Leclerc, head of Fraud Strategy & Analytics at Entercard. FICO® Platform uses data, analytics, AI, and optimization to continuously improve decisions, customer interactions, and risk management at scale across the enterprise. The platform is designed to empower enterprises to break down silos across teams and empower employees to achieve customer-focused digital transformation, while giving enterprises greater agility and collaboration. 'Entercard has long been a leader in the fight against fraud,' said Nikhil Behl, president, Software at FICO. 'Their remarkable results using FICO® Falcon® Fraud Manager have made them a past winner of a FICO® Decision Award for Fraud Control. By adopting the power of FICO Platform, Entercard can give even greater protection to its customers across the region.'
Business Wire
13-05-2025
- Business
- Business Wire
Entercard Adopts FICO Platform to Fight Application Fraud
STOCKHOLM--(BUSINESS WIRE)-- FICO (NYSE: FICO): 'FICO Platform gives us the flexibility and power we need to improve our customer experience while keeping security as our top priority.' - Yannick Leclerc, head of Fraud Strategy & Analytics at Entercard. Highlights: Entercard will use AI-powered technology from FICO to better identify fraudulent account openings Entercard will use FICO® Platform's capabilities for model development, identity resolution, streaming data, customer profiling and service orchestration As part of its enterprise fraud programme, Entercard will use AI-powered technology from global analytics software leader FICO to better identify fraudulent account openings. FICO® Platform's capabilities for model development, identity resolution, streaming data and service orchestration will help Entercard, one of the leading Nordic finance companies, build and deploy powerful fraud scorecards, confirm applicants' true identities through advanced network link analysis and detect fraudulent applications. More information: Using FICO's powerful tools, Entercard can enhance their ability to target a variety of criminal activity such as: Synthetic identity fraud – e.g., fake profiles built over time. First-party fraud – intentional misrepresentation by genuine applicants. Mule detection – accounts opened to facilitate fraud. ID theft / impersonation – fraudsters applying using stolen identity information. Application velocity checks – tracking multiple applications in short timeframes. Bust-out fraud – identifying intent to default from account opening 'We needed a wide range of cutting-edge analytic services that are interoperable and composable, to align with our strategic technology architecture and our enterprise case management technology,' said Céline Goulfault, chief operations officer at Entercard. 'FICO is a trusted partner with a long history of delivering outstanding results at Entercard.' 'FICO Platform gives us the flexibility and power we need to complement our existing capabilities and improve our customer experience while keeping security as our top priority,' said Yannick Leclerc, head of Fraud Strategy & Analytics at Entercard. FICO® Platform uses data, analytics, AI, and optimization to continuously improve decisions, customer interactions, and risk management at scale across the enterprise. The platform is designed to empower enterprises to break down silos across teams and empower employees to achieve customer-focused digital transformation, while giving enterprises greater agility and collaboration. 'Entercard has long been a leader in the fight against fraud,' said Nikhil Behl, president, Software at FICO. 'Their remarkable results using FICO® Falcon® Fraud Manager have made them a past winner of a FICO® Decision Award for Fraud Control. By adopting the power of FICO Platform, Entercard can give even greater protection to its customers across the region.' About Entercard Entercard is one of the Nordics' leading credit market companies, with over 1.5 million customers in four markets. Through our two owners, Barclays Principal Investments Limited and Swedbank, we get access to a global and unique expertise within lending. Our mission is to finance the big and small moments of everyday life. We help our customers live their lives as they see fit, providing the means for change, come rain or shine. We are present in Norway, Sweden, Denmark and Finland and have over 460 dedicated employees. About FICO FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 200 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, insurance, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 80 countries do everything from protecting 4 billion payment cards from fraud, to improving financial inclusion, to increasing supply chain resiliency. The FICO® Score, used by 90% of top US lenders, is the standard measure of consumer credit risk in the US and has been made available in over 40 other countries, improving risk management, credit access and transparency. FICO and Falcon are registered trademarks of Fair Isaac Corporation in the U.S. and other countries.
Yahoo
25-02-2025
- Business
- Yahoo
Can Canadians get the world drinking tree sap?
While drinking tree sap does not immediately sound appealing, Canadian producers are hoping that it will be the next must-try soft drink around the world. We have all heard of maple syrup, which is made by boiling down the sap of maple trees to produce a thick, sweet, golden-to-brown coloured syrup that is typically poured over pancakes. What is far less well known is that you can drink the sap itself, which is called maple water. Clear in colour, it contains just 2% natural sugars, so it is only slightly sweet. A small but growing number of producers in Canada are now selling this maple water in bottles or cartons, after first giving it a filter and pasteurisation to kill off any microbes. "People feel like they're drinking the wild Canadian forest," says Yannick Leclerc of Maple3, a producer of maple water drinks, based in Quebec City. Advocates point to the fact it is a natural drink, and makers hope that it can steal some sales from the existing similar product – coconut water. The latter is made from water that naturally forms inside coconuts. As Canada is far and away the world's largest producer of maple syrup – accounting for more than 80% of production – it is understandable that the nascent maple water sector is also Canadian. Furthermore, it is centred on the province of Quebec, which makes 90% of Canada's maple syrup. Mr Leclerc says that Maple3 is one of the pioneers of the sector. "Nobody [previously] thought about keeping the sap for its hydration purposes verses just boiling it into syrup." He founded the company back in 2013 with business partner Stéphane Nolet. In recent years an increasing number of other producers have entered the marketplace. Mr Leclerc claims that Maple3 has doubled its annual profits since 2021, with sales not just rising across Canada, but in 12 other countries, including France, Japan, Singapore and South Korea. Some 75% of its sales now come from overseas, and it sells both still and sparkling maple water, and fizzy versions with added natural fruit flavourings. "It's more than just a local product at this point," adds Mr Leclerc. For the maple water industry as a whole, one recent report predicts big growth. It estimated that global sales in 2024 totalled $506m (£409m), with that expected to jump to $2.6bn by 2033. By comparison, worldwide sales of coconut water reached $7.7bn in 2023, with that expected to grow to $22.9bn by 2029. So maple water has a long way to catch up. Meanwhile, the global value of the maple syrup market was $1.7bn last year, according to one study. Beth Czerwony, a dietician with the non-profit medical centre Cleveland Clinic in Ohio, says the growing popularity of maple water is linked to its perceived health benefits. "When the sap itself is filtered through the tree, it ends up absorbing a bunch of antioxidants," she says. "So they're gonna end up having a better performance and a faster workout recovery." However, one medical study from 2019 concluded that maple water was "was not superior in rehydration" to normal water. Jeremy Kinsella owns The Soda Pop Bros in Windsor Ontario, which sells soft drinks under its own brand name, as well as imports from around the world. His family have been in the industry for nearly a century, and in his lifetime he has seen a fair share of trends come and go. He says that if maple water is to go mainstream it needs the financial backing and promotion of one of the huge global soft drinks firms. "It will take a larger soda manufacturer for it to really catch on," he says. Mr Kinsella also says that the price of maple water is currently too high. "When it comes down to it, someone's looking at a can of Coke for a buck and they're looking at a can of maple water for three bucks, they're going to try it a couple of times and go back to Coke," he says. Marketing maple water more would certainly help it increase sales, says John Tomory, who helps run Pefferlaw Creek Farms in Uxbridge, Ontario. He and his brothers have been making maple syrup commercially for almost 10 years, and for the past four they have also been selling the sap to a Canada brand called Sap Sucker. This makes sparkling sap water with different added flavours, from lime to grapefruit, and lemon to orange. Mr Tomory says he agrees with this approach to make the sap more interesting. "I know a lot of people have tried just selling the sap as it is, just basic sap from the tree and it's still, but they haven't really caught on," he says. "So I think carbonating it and adding fruit flavour makes it more interesting. That's the real innovation." Back at Maple3 in Quebec, Mr Leclerc also thinks that the sparkling version of the drink could be the more popular: "It has perks that a normal sparkling water doesn't have," he says, such as a more interesting flavour, without having all the bad stuff that [regular] soda has."
BBC News
24-02-2025
- Business
- BBC News
Can Canadians get the world drinking tree sap?
While drinking tree sap does not immediately sound appealing, Canadian producers are hoping that it will be the next must-try soft drink around the have all heard of maple syrup, which is made by boiling down the sap of maple trees to produce a thick, sweet, golden-to-brown coloured syrup that is typically poured over is far less well known is that you can drink the sap itself, which is called maple water. Clear in colour, it contains just 2% natural sugars, so it is only slightly sweet.A small but growing number of producers in Canada are now selling this maple water in bottles or cartons, after first giving it a filter and pasteurisation to kill off any microbes. "People feel like they're drinking the wild Canadian forest," says Yannick Leclerc of Maple3, a producer of maple water drinks, based in Quebec point to the fact it is a natural drink, and makers hope that it can steal some sales from the existing similar product – coconut water. The latter is made from water that naturally forms inside Canada is far and away the world's largest producer of maple syrup – accounting for more than 80% of production – it is understandable that the nascent maple water sector is also Canadian. Furthermore, it is centred on the province of Quebec, which makes 90% of Canada's maple syrup. Mr Leclerc says that Maple3 is one of the pioneers of the sector. "Nobody [previously] thought about keeping the sap for its hydration purposes verses just boiling it into syrup."He founded the company back in 2013 with business partner Stéphane Nolet. In recent years an increasing number of other producers have entered the Leclerc claims that Maple3 has doubled its annual profits since 2021, with sales not just rising across Canada, but in 12 other countries, including France, Japan, Singapore and South Korea. Some 75% of its sales now come from overseas, and it sells both still and sparkling maple water, and fizzy versions with added natural fruit flavourings."It's more than just a local product at this point," adds Mr Leclerc. For the maple water industry as a whole, one recent report predicts big growth. It estimated that global sales in 2024 totalled $506m (£409m), with that expected to jump to $2.6bn by comparison, worldwide sales of coconut water reached $7.7bn in 2023, with that expected to grow to $22.9bn by 2029. So maple water has a long way to catch the global value of the maple syrup market was $1.7bn last year, according to one Czerwony, a dietician with the non-profit medical centre Cleveland Clinic in Ohio, says the growing popularity of maple water is linked to its perceived health benefits."When the sap itself is filtered through the tree, it ends up absorbing a bunch of antioxidants," she says. "So they're gonna end up having a better performance and a faster workout recovery."However, one medical study from 2019 concluded that maple water was "was not superior in rehydration" to normal water. Jeremy Kinsella owns The Soda Pop Bros in Windsor Ontario, which sells soft drinks under its own brand name, as well as imports from around the family have been in the industry for nearly a century, and in his lifetime he has seen a fair share of trends come and says that if maple water is to go mainstream it needs the financial backing and promotion of one of the huge global soft drinks firms."It will take a larger soda manufacturer for it to really catch on," he Kinsella also says that the price of maple water is currently too high. "When it comes down to it, someone's looking at a can of Coke for a buck and they're looking at a can of maple water for three bucks, they're going to try it a couple of times and go back to Coke," he says. Marketing maple water more would certainly help it increase sales, says John Tomory, who helps run Pefferlaw Creek Farms in Uxbridge, Ontario. He and his brothers have been making maple syrup commercially for almost 10 years, and for the past four they have also been selling the sap to a Canada brand called Sap Sucker. This makes sparkling sap water with different added flavours, from lime to grapefruit, and lemon to Tomory says he agrees with this approach to make the sap more interesting. "I know a lot of people have tried just selling the sap as it is, just basic sap from the tree and it's still, but they haven't really caught on," he says."So I think carbonating it and adding fruit flavour makes it more interesting. That's the real innovation."Back at Maple3 in Quebec, Mr Leclerc also thinks that the sparkling version of the drink could be the more popular: "It has perks that a normal sparkling water doesn't have," he says, such as a more interesting flavour, without having all the bad stuff that [regular] soda has."
