TransFund’s Fraud Protection uses a multi-layer approach to safeguard your financial institution from loss and maintain your debit card program’s profitability.
You can’t afford to leave your financial institution or cardholders open to fraud. That’s why TransFund offers a comprehensive suite of fraud protection products. From activation strategies and card-level verification checks to real-time card blocking and safer online payment options, our solutions and fraud experts provide layers of security. This allows your cardholders to use their credit and debit cards with minimal worry. All that protection adds up to increased profitability and card penetration for your financial institution.
The TransFund FraudKit is a multi-solution approach to preventing and managing debit card fraud.
SecurLOCK provides neural network monitoring and scoring of ATM, signature and PIN, card present and card not present POS transactions for debit and credit cards. Fraud analysts review transactions that trigger rule alerts, contact the cardholder to determine the course of action, and report incidents back to your institution. Using a highly advanced Artificial Intelligence platform combined with proprietary rules and logic, SecurLOCK maximizes fraud mitigation for your financial institution.
- Sophisticated monitoring and detection using neural network technology
- Multi-level transaction analysis
- Suspicious transaction management
- Real-time scoring, decisioning, and intervention with blocking capability
Our proactive response to suspicious trend data alerts you of at-risk cards and helps to keep fraud loss costs down.