CNP Fraud Prevention - ReD Shield ReD CNP fraud prevention

CNP FRAUD PREVENTION - ReD SHIELD

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

ReD protects your payment transactions that are accepted over the internet, via mail order, telephone order or through interactive TV.

ReD Shield combines:

Monitoring by a team of risk analysts
Custom rules strategies 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, the ReD Shield customiszed risk strategies are monitored by our fraud experts and adjusted as necessary to help maximize revenue while minimizing fraud.

Grow your business with the right sales and secure your business with the certainty delivered from ReD Shield.

Please contact us to learn more about the value we can bring to your business.

Recent ReD Shield Enhancements

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

Introducing PRISM® Neural Technology

The PRISM neural technology has been fully customized and tailored to provide fraud models for customer-not-present environments that are available in real-time. PRISM utilizes a series of specific profiles to determine how much a particular transaction differs from other transactions that the model has observed. PRISM analyzes this data and delivers its results to the ReD Shield analytical engine for a final recommendation.

Advantages:

Detects emerging and existing fraud schemes
Continually adapts model and intelligence over time
Proprietary statistical algorithms are used to 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