Clari5 Payment Card Fraud
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.
- 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.
- Immunity against third party & operator level frauds.
- Reduced reputational loss due to internal/external fraud.
- Better regulatory compliance & auditing.
- Increased customer loyalty and advocacy.