CNP FRAUD PREVENTION - ReD SHIELD

CNP FRAUD PREVENTION - ReD SHIELD

ReD Shield is our fully managed, card-not-present (CNP) approach to card fraud prevention. ReD Shield detects and eliminates cross-border retail fraud in multiple sectors and across international boundaries.

We protect your card transactions accepted over the internet, mail order, telephone order and on interactive TV. 

ReD Shield combines:

• Monitoring by a team of risk analysts
• Custom rules for your business
• Neural networks
• Proprietary, domestic and international screening databases
• Pattern recognition and velocity engines
• Industry cardholder authentication initiatives

Ready to use without major infrastructure investment, simply code to one of our many Application Programming Interfaces (APIs) and a recommendation is delivered back to the client in less than one second.

As a fully managed service, ebitGuard is continually monitored by our fraud experts and adjusted as necessary to maximize revenue while minimizing fraud.

Accept the right sales and secure your business with certainty.

Please contact us and we will put you in touch with one of our clients for more information.

Recent ReD Shield Enhancements

ReD offers two new exceptional components to further enhance ebitGuard. They are ReD’s PRISM® Neural Technology and Dynamic Data Validation.

Introducing PRISM® Neural Technology

PRISM neural technology is fully customizable and tailored to provide fraud model for card-not-present environments. PRISM utilizes specific profiles to determine how much a particular transaction differs from other transactions that the model has observed. PRISM constantly updates its model based on intuitive learning.

Advantages:

• Detects emerging and existing fraud schemes
• Continually adapts model and intelligence over time
• Statistical algorithms detect abnormal cardholder behavior

Dynamic Data Validation

Dynamic Data Validation checks consumer’s provided information against multiple public records. After integrating Dynamic Data Validation, ReD was able to demonstrate up to as much as 30% reduction of transactions that were previously recommended for manual review. Utilizing public record data in conjunction with ReD Shields sophisticated processes has proven to further decrease merchants manual reviews, increase their approval rate and increase their revenue.

Advantages:

• Checks cardholder identity against multiple records
• Finds additional profitable sales opportunities in AVS and CVV failure
• Identifies high risk transaction that pass AVS and CVV