Credit, debit and ATM cards continue to pose a high fraud risk to issuers – especially counterfeit and card-not present fraud due to skimming devices and data breaches.
ACI has helped some of the world’s leading card issuers implement risk management solutions that use a combination of rules-based systems and neural network technology to stop fraud in-flight, in real time at a POS or ATM.
Stops fraudulent activity in-flight at the ATM and point of sale with real time scoring and rules
Provides early warning of suspicious activity with custom neural network models, reducing fraud and limiting the impact on cardholders in good standing
Allows organizations to react quickly to emerging fraud by using rules-based strategies matched against a set of user-defined fraud profiles
Provides features to help identify points of compromise and alert to activity at known compromised merchant locations
Provides an operationally friendly interface that improves fraud detection through a single screen
Interfaces directly with a back-end enterprise case management system in real time
Captures and maintains statistical data on queue status, reviewer and model performance to provide valuable fraud management information
Monitors critical account changes such as address change, additional card requests, PIN changes, etc., and alerts to activity indicative of account takeover fraud from identity theft
Reduce losses from credit, debit, ATM and pre-paid card fraud, as well as cross-channel fraud
View risk exposure across the customer relationship – enabling operational and software consolidation that drive efficiency, cost savings and fraud reductions.
Prioritize alerts and manage alerts more efficiently – lowering labor force costs
Benefit from the expertise of internal fraud managers and develop either simple or complex rules, and do it on the fly, to stay on top of evolving fraud trends
Utilize neural network models built on specific and targeted risk needs based on the unique characteristics of your customer base and geographic reach
Strategic solution on which to deploy enterprise-wide fraud monitoring operations
