Timely and accurate Control of fraudulent transactions in banking cards operations (any card for issuing, ATM and Merchants for Acquiring, Chip and e-commerce technologies). Extremely effective, especially for skimmed cards, easy to understand, quick to implement (2-4 weeks), flexible to protect your card operations from prevailing fraud schemes. Has been interfaced with many switches and card management systems.
Dynamic Intervention in the Authorisation Process. DIAP actively performs fraud checks on every payment card transaction authorisation request in real-time and pre-emptively declines high risk transactions according to various highly parameterised rules. Facilitates the prevention of fraud losses before the commitment or transfer of funds. Extremely effective with a proven track record for e-Commerce and ATM transactions.
ATM Fraud Prevention System. Timely and active monitoring of ATM transactions built on the proven and successful Fraud Detection Engine of SafeGuard. Ideal for transaction Processors serving more than one ATM or Merchant network, can successfully identify the Common Compromise Point (CCP) in case of skimmed cards. Easy to understand and easy to implement, provides effective, flexible and scalable protection. It can optionally integrate with DIAP to block various ongoing fraud schemes such as ATM Milking incidents.
Risk Supervisor Alerts (RSA) is a SafeGuard add-on that generates emails or SMS messages and directs them to a list of authorised personnel (e.g. Risk Supervisor or Risk Analyst) of issuers or acquirers. This is especially useful during periods when the underlying organisation is not adequately manned, e.g. during weekends or third shifts.