Sonar

Identify merchant data breaches faster and more comprehensively. Know which cardholders are compromised. Reissue accurately and automatically.

Overview

Sonar proactively detects compromised cards and data breaches to ensure you always know three main things:

1) the true health of your credit & debit card portfolio
2) fraud scores of each cardholder
3) the top compromised cards to reissue


Now you can protect your card revenue while reducing fraud costs and use better, more accurate fact based information for decision making, which provides your customers with faster alerts and less disruption.

Get alerted 6 months faster about your compromised cards compared to VISA CAMS and MasterCard ACD alerts.

Fraud Forecast

Sonar automatically reviews every single card in an issuer’s portfolio every night, assessing its total exposure from all compromised merchants, along with other proprietary information, to provide a fraud forecast score indicating the probability that it will become fraudulent in the next 90 days.

Benefits

1
Save hundreds of hours monthly trying to identify compromised cards and which ones to reissue
2
Save thousands of dollars reducing the numbers of cards to reissue
3
Identify the cards at the highest risk of fraudulent activity and reissue promptly
4
Detect cards with a low probability of becoming fraudulent and avoid reissue & negative customer disruptions
5
Reissuing a certain amount of cards proactively on a monthly basis allows you to mitigate catastrophic loss when a major data breach similar to Wawa occurs.

Proactive Card Management at its finest

Identify the data breach, Understand why it happened. Strategically reissue. Save thousands. Avoid customer disruption.

Automation

No home-grown spreadsheets. No manual list uploading. No more data entry. Get your card portfolio accurately analyzed nightly with fresh insights daily.

Consortium Model

We have over 400 financial institution clients and millions of transaction data running through our detection. This is growing fast and speeding up. Fraud happening other places can be stopped before it occurs to your customers.

Tokenization

Don’t worry about security issues. All transaction data is tokenized and scrubbed of PII before being uploaded to Rippleshot’s Analytical Cloud.

Whales & Minnows

Identify data compromises involving dozens of cards, or thousands, picking up on compromises that card networks don’t have time to investigate. You choose your next move with the intel.

Portfolio Agnostic

Analyze your credit, debit and prepaid card portfolios. Determine their risk profiles, take independent action, and always have accuracy in the analysis.

CP & CNP

Different types of fraudulent transactions require different types of strategies. Know the type of transaction used in order to take the appropriate action.

Relevant Resources

Ready to get started?

Gain control in a way you never thought was possible. Rippleshot provides you with the tools to control your card fraud risk, manage and monitor performance, reduce bank expenses, and scale efficiently as you grow