Pinpoint fraud analytics that enable your fraud department to prevent card fraud before it occurs.
Protect customers from shopping at high risk merchants. Avoid upset customers, financial loss, disputed transactions, and overwhelming your back office.
When your customers shop at high-risk merchants, the fraud becomes your fault, whether true or not. Consequently, fixing the card frustrates the customer and somehow lands on your institution.
Your team also has to deal with the process, documentation, manual entry, chargebacks, and financial loss.
Instead of reacting to fraud, get ahead of it and stop your customers from shopping at high-risk merchants to improve their experience.
Do you worry and wonder if your fraud rules are working as effectively as they should?
Being reactive in rule writing is a common complaint fraud departments share. As a result, your call center gets inundated with fraud calls, overworked employees, and customers are annoyed because of the fraud.
Get ahead of the fraud by writing proactively targeted rules by KNOWING they are effective with real-time data.
Help customers help themselves.
Are you monitoring the cards and transactions happening in your financial institution? Are you able to communicate to your customers about fraudulent merchants they are shopping at?
Now you can quickly and easily identify which cardholders are shopping at fraudulent merchants and stop them before it becomes a significant issue.
Get ahead of issues before they become a financial loss, massive headaches, and cost you and your team hours of work.
Your customers will appreciate it.
How do you stop something that you can't see?
With Rules Assist, you can see where fraud is happening at other banks and credit unions across the country and tag it so it does not occur in your portfolio.
You don't have to worry about random spikes and unknown fraud occurring. This is our way of helping you predict the future.
How many hours does your fraud team spend trying to figure out where fraud exists or how it happened? How many hours are wasted on manual analysis and data entry?
It is exhausting, terrible use of your team's time, and inefficient use of your team time. In addition, you will miss fraud when you manually try to find patterns or fraud trends and won't be able to keep up with the sheer amount of work.
Now you can automate it and know that Rules Assist has you covered. Rules Assist uses machine learning to analyze millions of transactions and fraud trends across the payments network to deliver comprehensive and accurate analytics to you daily.
Card fraud detection expert Greg Lenihan helps to break down SIM Swapping including how it happens and steps to take to limit exposure.