Traditional decision models are constrained by the availability of local data and can provide hindsight only. However, there are new models that take advantage of global credit card consortium data sourced from
multiple clients across multiple countries, allowing decisions to be made with foresight.
Card-not-present is now our largest fraud challenge (see graph), and attacks are going to be more varied and from many different angles. Are your existing rules and models sufficient for the evolving mobile and Internet technologies?
Operating alone is a very expensive and time-intensive proposition. Properly-configured fraud services provide affordable access and greatly reduce implementation times.
Contact us at +44 20 7160 9400 or primesales@tsys.com