Credit Card Fraud Management

Online credit card fraud has become increasingly sophisticated and costs merchants billions a year. Our fraud scrubbing and prevention suite allows users to dynamically create filters and rules to help detect fraud and screen suspicious transactions. Our extensive reporting system provides a quick and easy way to review transactions, block suspicious activity and identify malicious users. Transactions are analyzed both before and after, allowing for declines before or after authorization.

Functionality

• Dynamic AVS (Address Verification Service) rule set
• CVV2, CVC2 and CID (3 and 4 digit codes) rule set
• Dynamically create and continually refine rules based upon:
  • Thresholds: including dollar amount charged, # of transactions, etc.
  • User Bans: Ban specific users by their credit card number, country, IP address, email services, etc.
  • User Ban Exceptions: make exceptions to established rules
  • IP Geolocation
• Establish cascading rule sets
• Choose either “Flag for Review” or “Deny” settings
• Complete trending and data analysis
• History log for easy reference and trend identification
• Distinguish between Attempted and Approved transactions to prevent ‘spinning’ of credit cards

Key Benefits

• Automate the identification of suspicious or fraudulent activity
• Avoid any disruption of commerce and transaction flow
• Quickly identify single event fraud or trends in real time