Tracking New & Alternative Payment Methods
Issuing Bank Intelligence
The Solution
New and alternative payment methods offer consumers extreme convenience. These, and the 400,000 different credit and debit cards offered by traditional banks, pose a substantial risk to your systems and business processes.
Bank & Payment Monitoring
1,200+
3,000,000+
deep learning models.
$14.7 Trillion
by AI’s early adopters. Don’t lose out.
Benefits
Real-Time Protection
Flexible and modular verification is necessary to enable merchants to confirm a user’s identity, order details, and purchasing methods.
Frictionless Commerce
Advanced technology enables organizations to test ‘intelligent’ commerce’ by thrilling customers with even greater convenience and speed.
Anomaly Detection
A big part of building a threat intelligence program is identifying anomalies quickly, with certainty, and auto-triggering counter-measures.
Traditional and Alternative Payment Methods
The fintech revolution has produced a myriad of alternative payment methods to cater to consumer preferences and to provide levels of convenience that were before considered impossible. Add the 400,000 more traditional credit-card issuing banks and the payments ecosystem becomes both enormous and evolving dynamically.
Each of these players has their own risk controls, methods of onboarding new accounts and gaps in their own visibility and reporting. Fraud.net performs real-time assessments, sometimes hundreds of times per second, of the payments intermediaries to identify and halt anomalous and problematic flare-ups as they happen to help you get in front of potential fraud.
Stop Fraud, Not Customers
Machine learning, anomaly detection, geolocation and behavioral analyses can all be combined to detect high-risk sessions on your site and prevent most fraudulent logins.
Banks, crypto exchanges and other organizations with fiduciary duties are especially vulnerable, but also have the opportunity to set themselves apart as a high-trust partner with their consumers.
