Payment Fraud Manager

A single high-value fraudulent electronic funds transfer could compromise a financial institution and even undermine the global financial system. The ability to rapidly detect criminal activity in electronic payments is critical.

Payment Fraud Manager from Fiserv monitors electronic payments for fraudulent activity in real time across multiple channels. It is the most comprehensive solution available, using advanced inference techniques to identify and prevent fraudulent transactions.

Payment Fraud Manager deploys analytics and risk-scoring models that enable fraud investigators to prioritize highest-risk transactions for review. All data needed to process suspicious payments is available at their fingertips, enabling your organization to rapidly adapt risk management strategies as new fraud patterns emerge.

Payment Fraud Manager allows payment operations and fraud departments to:

 

Instantly suspend suspicious payments before losses are incurred using real-time detection and interdiction
 

Control every aspect of risk according to each organization’s risk tolerance using supporting scenarios, scorecards and case management
 

Respond to threats quickly with powerful, easy configuration

Real-Time, Cross-Channel Monitoring and Detection for Electronic Payments


Payment Fraud Manager monitors batch and bulk payment files and individual electronic funds transfer transactions from any initiation channel, including online payments, and across payments and messaging infrastructures such as SWIFT, Fedwire, SEPA and ACH. 

Payment Fraud Manager also detects many different attack vectors, including batch file manipulation, cybercrime, account takeover and internal fraud.  

  • Prioritize fraud risk with risk scoring and risk tolerance thresholds
  • Improve risk decision making with scorecards and scenarios 
  • Gain a more comprehensive view of risk with alerts and case management features
  • Deliver richer insights with configurable dashboard reports 

Insights

Payment Fraud Manager: Real-Time, Cross-Channel Monitoring and Detection for Electronic Payments

Payment Fraud Manager is the industry's most comprehensive cross-channel monitoring and interdiction solution for electronic payments, enabling identification and prevention of electronic payment fraud, including wire fraud, before the transaction leaves your institution. 

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