Paycorp provides advanced Fraud Detection and management through the use of Paycorp’s centralised fraud management engine.
Paycorp can offer organisations that are susceptible to payment card fraud superior risk mitigation through a variety of simple and advanced fraud screening techniques.
Fraud Manager delivers quantifiable benefits including:
Minimisation of fraud occurrences from payment card processing
Ability to fine tune detection whilst minimizing false positives through use of an Intelligent rules based approach combined with advanced AI techniques
Capability of real-time interception and rejection of payment transactions prior to submission with banking acquirer
Risk score based approach allowing transactions to be processed and flagged for further follow-up
An ability to customize and enhance rule sets to meet enterprise customer evolving need.
Rapid cost return on investement
Fraud Manager employs a workflow approach with 4 key steps followed: