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FRAUD DETECTION SYSTEM
Payment gateway is a system capable of detecting fraudulent actions early on payment transactions on line.
About FDS
Payment gateway service providers must provide this system, so that its service users protected from fraudsters.
Previously, FDS was used for online card transactions credit. along with the development of technology payments, various online transactions too require FDS.
FDS using settings indicators & parameters that can produce a assessment/scoring on a transaction. From the scoring that accumulated this can determine whether a high risk or low risk transactions.
From Enabling Banks to Enabling Banking
FDS can detecting, disabling and preventing fraud has - in line with an immensely heavy list of changing compliance requirements - become commonplace for banks.
Fraud: the Herculean task, Detecting, disabling and preventing fraud has - in line with an immensely heavy list of changing compliance requirements - become commonplace for banks.
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Contextual & realtime, a digital banking experience delivered in the context of the customer, real-time anywhere
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Hyper personalised, unparallelled data driven marketing ability to offer the right service or product at the right moment on interaction based
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Multi-roles app, any user in the banking environment has a relevant and authorised view based app experience: merchant, banker, agent, business client or consumer.
