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Clari5 Payment Card Fraud

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Overview

Payment Cards (Debit, Credit and Prepaid) have raised the levels of convenience for customers. However, the convenience also comes with a high potential for fraud and funds theft during transactions.

Clari5 Payment Card Fraud Management is a comprehensive solution that combats card fraud in real-time. It provides the payment instrument issuer, payment processor or the merchant acquirer the necessary arsenal to monitor, detect and prevent all card frauds including Card-Not-Present (CNP) situations.

Key Features

  • Profiling customer behaviour based on multiple scenarios.
  • Merchant/ POS/ Operator Behaviour Profiling.
  • Real-time fraud risk advice that allows, declines or challenges a transaction.
  • Integrated Case Management for fraud analysts.
  • Comprehensive Reporting & Business Intelligence.

Key Benefits

  • Immunity against third party & operator level frauds.
  • Reduced reputational loss due to internal/external fraud.
  • Better regulatory compliance & auditing.
  • Increased customer loyalty and advocacy.

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