Fraud and Security Services
Dynamic Credit Card AntiFraud System
VFraud is a dynamic fraud detection suite that offers you an arsenal of highly customizable
rule-based filters that enables you to identify and prevent suspicious and potentially costly
fraudulent transactions before it is too late. Our aim is to take the time consuming investigation
of each transaction away from the merchant
VFraud is differentiating itself from many other anti-fraud systems by being very flexible and
customizable. Every business is different and has different needs. This is the foundation of
VFraud. We are fulfilling this need by giving you the ability to customize each anti-fraud
filter to best fit your business needs.
Another feature that makes VFraud an outstanding anti-fraud system, is that it is not just a
"lookup" tool; it is an advanced anti-fraud system that is able to classify a transaction into
three different categories based on cardholder data and the fraud filters you have defined.
This enables you to define when a transaction should be approved, declined or hold for manual
review at a later time.
Benefits
By setting up multiple filters, they will work together to evaluate transactions for fraud indicators.
The combined logic will give you an effective and highly effective defence against fraudulant transactions.
The list below shows just some of the benefits you gain by using VFraud.
- Reduce Costs - VFraud can help you minimize costly chargebacks as well as inventory loss due to undetected fraudulant transactions.
- Increase your Profits - It will help you maximize the number of legitimate transactions, rather then declining transactions due to a fear of potential fraud.
- Marked Data - VFraud looks at a transaction from many aspects and collects different data from the cardholder. This data can be used to create real time reports about your customers. The reports can be used for marketing purposes, to see consumer trends, behavior, card trends together with stats on returning customers and many other details.
- Flexibility - You are given the ability to customize each anti-fraud filter according to your unique business needs.
- Easy to Operate - VFraud has an easy-to-operate web based interface, which means you can access it from anywhere. It allows you to easily manage the transactions that has been screened, setup and manage filters and it allows you to setup new users which you can give access to differend parts of VFraud, and much more.