Fraud Risk Management (FRM)
Comprehensive FRM Solution
Fraud Risk Management
FRM supports acquiring transactions for key payment schemes, including but not limited to VISA and MasterCard. Our solution offers post-facto monitoring for suspicious transactions, along with an alert mechanism for hold and release functionality related to merchant payouts.
FRM checks transactions against configurable, predefined risk rules. If a transaction triggers any of these rules, it generates an alert, leading to the transaction being held and excluded from merchant payouts.
Agile
Agile platform with a quick adaptation to the changes in the set of rules
Strategic
Strategic set of rules to keep transactions away from frauds
Embedded Compliance
Seamless embedded compliance for regulatory adherence
Ahead of the curve
Enhanced risk management through comprehensive FRM solution
FRM
Offering
Our fraud detection and prevention strategies encompass a range of configurable, predefined measures, such as:
- monitoring transaction patterns for sudden changes,
- analyzing average transaction values,
- assessing chargeback volume, and
- scrutinizing monthly processing that exceeds anticipated sales or experiences fluctuations.
Detect irregularities in ticket amounts and purchase patterns, monitor accounts for unusual increases in refund amounts, and track factors like the number of authorization attempts, multiple transactions to the same card, and timing between transactions.
FRM systematically evaluates transactions against these predefined risk rules. If a transaction aligns with any of these rules, it generates a risk alert, and the transaction is held and excluded from merchant payouts.
