Credit Card Fraud Detection Solutions

In 2017, 16.7 million people were impacted by unauthorized card operations and according to the FTC (Federal Trade Commission), credit card fraud claims increased by 40% that year.

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Credit card fraud has become a major issue for the electronic payment industry and any credit card company needs to effectively detect fraudulent transactions.

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Fraud Detection System Powered by Artificial Intelligence

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Our system, tailored to your business, will allow you to effectively track and predict fraudulent transactions, using Data Mining and Pattern Recognition.

 

You can decide on the level of security applied depending on the predicted fraud results (for instance, transactions allowed if the probability is lower than 15%; more authentication requested if the risk is between 15 and 85%; automatic transactions rejected if the probability is higher than 85%)

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