Identify, Eliminate, Monitor

Use additional screening options and checks to create an ultimate flow and perform an in-depth analysis of your applicant profiles and their activities.

Identify and block suspicious transactions

Payment transaction monitoring can be used to detect and flag potentially fraudulent or risky transactions based on different indicators, such as:

  • Location. For example, multiple purchases made with one credit card from different countries over a short period of time.
  • Sequence. For example, a series of transactions below a certain threshold or multiple-purchases of high-value items followed by quick returns.
  • Destination. For example, a large sum of money transferred to a high-risk country.
  • Amount. For example, purchases or cash withdrawals that exceed a certain amount.

Eliminate payment processing errors

Create rules to detect payment processing errors and correct your payment processing system failures and initiate refunds. Timely identify such issues as:

  • Incorrect transaction amounts.
  • Duplicate charges.
  • Late presentments and many more.

Monitor user behavior

Prevent unauthorized access to your users’ accounts and other fraudulent activities by identifying suspicious behavior, such as:

  • Logins from unusual devices and locations.
  • Frequent changes of the account information or shipping address.
  • Multiple failed login attempts within a short period of time.
  • Creation of multiple accounts from one IP address.

Introduce risk-based approach

Protect your users and your revenue by taking additional measures to ensure compliance with regulators’ requirements and maximize safety and security: