CardFraud

Achieve up to a 40% reduction in fraud losses

It’s a bold claim, but it’s one we stand by. With ARIC for Card Fraud, you’ll make accurate decisions more efficiently.

Minimize fraud losses and ensure your customers have complete confidence in your ability to protect and safeguard transactions when they spend.

Superior coverage, protection and performance.

GET STARTED

How to reduce card fraud losses and improve customer confidence

It’s a dilemma for most firms that use card payment systems:

Reduce card fraud losses OR
Improve customer confidence

The more stops, checks and balances in your system, the less fraud passes through, but only at the expense of a frustrated customer base. And if you ease off the controls, the pain of more fraud escalates. 

It doesn’t have to be that way, because what if you could have both? 

Significantly less card fraud and
A customer base that trusts you more

Featurespace’s ARIC for Card Fraud enables you to protect your customers consistently, while still providing a first-class service.

“Foresight Score was a game changer for us, truly transformational. We reduced our market share of fraud and could finally get our heads up and begin innovating again.”

Featurespace applied to TSYS Foresight Score

TSYS 
Chief Operating Officer

Technology is advancing at a rapid pace. For you, this means bad actors are getting more adept at committing card fraud. 

Financial businesses must work harder to build their customer’s trust and confidence

Because, standing still is not an option.

Imagine if you had a solution in place that:

  • Reduces fraud losses
  • Cuts false positives
  • Automatically learns and adapts in real time
  • Implements superior analytics for better performance
  • Simplifies real-time processing and decision making
  • Adapts to every tactic used to commit card fraud

ARICfor Card Fraud has been specifically designed for the Card and Payments industry. 

It incorporates award-winning Adaptive Behavioral Analytics and Automated Deep Behavioral Networks, which uses recurrent deep neural networks to improve fraud detection. Working behind the scenes so you can focus on the alerts that really matter.

Catch more fraud with near-zero disruption of genuine transactions

 

How TSYS transformed the solutions it offers to card payment issuers

Using Featurespace’s Adaptive Behavioural Analytics engine, TSYS has seen fraud losses fall by 39% with a 70% drop in net fraud. The results have been game-changing and have transformed the card payments solutions it offers its customers.

Read the case study

Get the most advanced card coverage from Day One.
Whether you implement our full solution, or by score only, get ready for an elite level of coverage and performance.

Widest fraud cover

Widest fraud cover

ARIC™ for Card Fraud identifies the largest proportion of fraud compared to any other solution. From account takeover and card-not-present fraud to counterfeit, lost and stolen and card-never-arrived fraud, it's all covered.

unmatched accuracy

Unmatched accuracy

With award-winning machine learning technology, ARIC™ for Card Fraud is self-learning, so it constantly adapts in real time. With better understanding comes greater accuracy that continues to perpetually improve over time.

Incident management

Incident management

Featurespace can easily manage all your data by hosting your system in the cloud. Collate data from different accounts, transactions and events over specified periods. Then make better, more informed decisions. Pre-defined reports also make both internal and regulatory reporting easier.

Lower operational costs

Lower costs

ARIC™ for Card Fraud doesn't just mean lower fraud. It helps you analyze the data, identify specific behaviors and optimize the analytics more effectively and quickly. This includes being able to review your team's performance to help reallocate resources where necessary for effective cost management.

Standing still is not an option.

Protect your customers while significantly reducing fraud losses and false positives.

Make more accurate decisions faster with ARIC for Card Fraud

  • Exceptional results with out-of-the-box core cards product
  • Bespoke cards model for award-winning performance
  • Simplified and effective case management and reporting
  • Real-time fraud detection for effective risk management 
  • Significantly lower operational costs
  • High-level accuracy

Schedule a demo to find out more.

View our Privacy Policy