Read Payments Business’ latest issue to learn how centralized, real-time transaction data is essential to combatting payment fraud.
Payment fraud prevention
On November 21st, NCR issued a security alert for a new form of Transaction Reversal Fraud (TRF) occurring in the UK, typically between 10 PM and midnight on any given day.
Risk scoring for card present and card-not-present transactions is still notoriously inaccurate. Here are a few tips that can help improve your ability to quickly identify suspect transactions, and approve or decline them correctly.
Take five to learn how you can utilize payment data acquisition, machine learning capabilities and a highly configurable rules-based alerts engine to detect and prevent payment fraud in real-time – we are talking milliseconds!
Discover the top 7 features of INETCO Insight 7’s new payment fraud detection and prevention configuration with a rules-based alerts engine and adaptive machine learning.
INETCO Insight 7 platform primed for instant detection of payment fraud attacks, precise real-time risk scoring and immediate isolation of suspicious transaction behavior across ATM, POS, Payment Card Issuance and Digital Banking Channels.
Your neighborhood ATM has always been a tempting target. Fraudsters play on the vulnerabilities of the cash dispenser, and one variation of that is Transaction Reversal Fraud (TRF).
Take a peek into the top 10 payment fraud alerts used by some the world’s leading financial institutions, card issuers and acquiring processors.
Get creative and explore new ways to derive meaningful insights from your goldmine of real-time transaction data.
With ISO 20022 projected to support 79% of the volume of worldwide transactions by 2023, is your organization ready to make a seamless transition?