Proactive Fraud Mitigation in a Digital Landscape

In today’s digital world it is imperative for card issuers and payment service providers to be proactive when it comes to fraud mitigation and risk management. Continuous monitoring and adaptation of fraud strategies can help reduce fraudulent transactions that can incur significant economic, operational and reputational costs.

Adapting to Sophisticated Fraud Threats

As fraudsters keep developing more sophisticated and well-coordinated attacks to steal customer account data and perform unauthorized transactions, fraud prevention, detection and resolution strategies and mechanisms need to be effective and up-to-date.

Seamless Compliance and Smart Fraud Detection

While our experienced compliance team ensures industry-compliance at all times, AEON’s fraud management solution  scrutinizes authorizations and transactions without affecting the customer experience.

Customizable Rules and Resolution Workflows

You are given the ultimate control in setting your own rules and in managing the identified potential fraud cases. Whether you prefer to block transactions based on extensive criteria or simply flag them for investigation, the entire workflow from fraud detection to resolution is pre-determined and controlled by you. As the nature of the threat constantly evolves, you can identify and correct weaknesses in your fraud management strategy through meaningful data analytics.

Key features:

• Pre-authorization screening and decision-making

• Workflow and case management for transactions flagged as fraudulent

• Identification of compromised cards and their proactive replacement

• Alert customers when possible fraudulent transaction has taken place