Driving innovation in payment fraud detection and prevention through analytics 

All payment issuers globally face a myriad of challenges when it comes to lowering the risk they face from fraud. While new technologies, channels and payment tools undoubtedly open up significant opportunities for transaction and customer growth, these same opportunities also present significant new threats to customer and business security. Issuers are faced not only with growing compliance requirements, but also new fraud attack vectors constantly emerging and the need to identify problematic transactions in what is an increasingly crowded stream of transaction data. The risk of false positives in many ways only compound the problems that fraud poses, leading to lost transactions (and angry customers) even where no malice was ever intended.

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