How we help you fight.
Payment card fraud losses are expected to hit $34.66 billion globally by 2023, according to Nilson, and fraudsters constantly shift tactics. Our fraud team can work with your fraud-prevention technology tools, such as machine-learning-based Sift Science, to help protect your card program or digital wallet.
Our services include:
Blocking and unblocking accounts
Outbound calls to verify transactions
Every $1 of fraud costs financial institutions $2.92—nearly three times the actual loss itself.
— LexisNexis Risk Solutions True Cost of Fraud Study (September 2018)
Our fraud team:
Distinguishes between true fraud and false positives
Improves your ROI in fraud-prevention technology
Fills staffing gaps with experienced and knowledgeable analysts
Decreases fraud losses
Contact us to learn more about our fraud services.