ATM / CARD FRAUD
ATM / CARD FRAUD
ATM and POS are an instrumental component in the financial industry and have a fair share of risk exposures. The conveniences of card services offered to customers are tremendous, and more so to the criminals. Technology changes have made ATM related fraud to evolve, forcing banks to adapt new monitoring solutions that meet new trends.
Fraud Solutions
Current situation | Fraudsters Target | Solution
Current Situation
Threats & Vulnurabilities
Card skimming
Compromised POS
Social Engineering
No Real Time Detection
Inability to Prevent & Detect
Low Customer Confidence
Fraudsters Targets
What criminals go after
Human element
Card
Device
Country
The Solution Offers
How we protect you
High flexibility to load heterogeneous data from different sources. Combines Real time and batch rules for thorough protection.
User Process Analysis:- Identifying Screens/ Web pages and User Activity Events
Black/ White Lists:- add (or delete) specific entities (e.g. IP, country, account number, user-id, etc.) to white list, black lists or gray lists.
Real-time Transaction Blocking, HOLD/BLOCK/RELEASE mechanism/alerts.
Good reporting and case management system.