Solutions - Fraud Prevention
Promoting safe businesses
Monitor Plus PMFD Acquiring Commerce™ (Payment Media Fraud Detector)
It is a comprehensive and intelligent solution to prevent card transaction fraud at merchant members of the acquiring network, anomalous merchant activity and digital affiliation of fraudulent merchants. This solution is available for acquirers, payment processors, financial switches, gateways and payment aggregators.
Use cases
- Preventing digital affiliation of fraudulent merchants
- Monitoring and control of activity of new and existing businesses
- Fraud prevention in face-to-face and non-face-to-face transactions
- Prevention of common fraud attacks (e.g. massive card fraud attacks).
MAIN BENEFITS
Focus on the main acquisition challenges Monitor Plus® has been developed
Real-time loss reduction
Monitor Plus Payment Media Fraud Detector Acquiring POS™ analyzes transactions in milliseconds and interacts in real time with the authorizer to recommend that the authorizer authorize or deny transactions. The system is also capable of running automatic defense routines for greater effectiveness.
Internal and external fraud prevention
The integration of expert models incorporating knowledge gained from a long history in the industry enables Monitor Plus® to detect a wide range of known fraud patterns, potential points of compromise, and external and internal fraud patterns.
Increased detection, reduced friction
Monitor Plus Payment Media Fraud Detector™ employs an assembly of expert models and artificial intelligence to optimize the high level of detection and decrease false positives, resulting in less customer friction and improved satisfaction. Additionally, the resulting reduced alert volume lightens the operational burden on the analysis team.
Effective and precise
Real Time Detection and Prevention
When cardholder information is available for the verification process.
Cost-efficient security
Decreases the total cost related to fraud
- Minimizes fraud losses.
- Minimizes operational costs of prevention.
- Maximize the shopper experience.
Securing the reputation of the network and its businesses
Monitor Plus® protects the acquiring institution and all network players to maintain their good reputation, protecting them from malicious actors seeking to infiltrate and misuse their services and systems.
