IRIS Analytics, a privately-held company that specialises in real-time analytics to help combat payment fraud.
Acquired by IBM
IRIS Analytics is a software and consulting company, develops and markets the IRIS fraud prevention software products and related services to financial service institutions in Europe and North America. The company offers IRIS, a real-time system that prevents fraud by intercepting fraudulent transactions in flight and generating case reports for
subsequent offline investigation; and combats fraud and controls risk for various types of card based payments, online banking, transaction banking, and mobile payments.