The payment card industry’s ever evolving landscape has seen a drastic increase in card fraud within the past few years. Worldwide electronic information sharing, electronic data storage, online purchasing, as well as the frequency and ease of card usage increase the chances for all financial institutions and their cardholders to become victims of card fraud.
Fraud Navigator is a robust fraud management solution that enables issuers and acquirers to detect fraud as early as possible to avoid potential loss.
Fraud Navigator analyses payment transactions that occur at the issuer, acquirer or transaction switch in real time as part of the inline authorisation path, or post-authorisation for subsequent follow-up. Fraud Navigator combines flexible rules creation and management, system generated alerts and a wide range of off-the-shelf reports in an economical, easy to use system.
FraudNavigator also features an intuitive web-based interface which allows business users to create the rules, with no service outage, and with a complete audit trail and reversibility. thereby increasing your ability to react quickly to new threats.
- Enables quick response to fraud, including denying the transaction, card disablement, fraud alert generation and cardholder notification
- Features a wide range of packaged rules to enable rapid, out-of-the-box detection.
- Rules are easy to add, modify or delete – with no service outage.