Enhance operational efficiency, reduce false positives, and improve customer satisfaction with FraudNet's advanced fraud detection solutions.
Optimize your operations by reducing false positives and manual reviews, enhancing merchant relationships and resource efficiency.
Legacy rules flag too many good transactions, forcing Acquirers to decline legitimate sales, hurting merchant relationships and network approval ratios.
Fraud teams sift through thousands of alerts across disjointed tools, delaying authorizations, inflating headcount, and exposing the business to SLA breaches.
Frequent false declines trigger chargeback disputes and lost sales, driving merchants to seek rival Acquirers with higher acceptance rates.
Excessive investigations, chargeback fees, and write-offs compress interchange margins and limit funds available for growth initiatives.
Boost efficiency and merchant satisfaction by drastically reducing false positives and manual review workloads.
Scores each authorization in milliseconds, cutting false positives by up to 98%.
Effortlessly create or update rules to keep up with new fraud patterns, no coding required.
FraudNet’s AI-Native models meticulously evaluate millions of transaction signals, ensuring genuine payments are approved. This powerful precision not only safeguards merchant revenue but also strengthens your portfolio by minimizing fraud risk, enhancing trust, and bolstering long-term partnerships.
We don’t just promise better fraud control—we deliver tangible improvements that protect your business.
Approve more valid transactions confidently.
Experience double-digit reductions in fraud-related chargebacks
Save time and resources while securing your revenue.
With an integrated platform designed for precision, agility, and impactful results, enabling your team to make smarter decisions, improve operational efficiency, and fuel your business growth.
No-code rules engine, flexible dashboards, and tailor-made machine learning models that are designed to adapt seamlessly and scale alongside your business.
Unify fraud detection, compliance, and risk management into one powerful solution, saving valuable time and streamlining your operations.
Reduce false positives, detect and prevent more fraud, and mitigate risk with highly accurate, real-time risk scoring and anomaly detection you can trust.
Leverage advanced analytics, comprehensive reporting, and our Global Anti-Fraud Network to make faster, smarter decisions on the spot.
An acquirer false positive occurs when a legitimate transaction is incorrectly flagged as fraudulent by the acquirer's fraud detection systems. This can result in the rejection of valid transactions, potentially leading to customer dissatisfaction, lost sales, and damaged relationships with merchants.
Reducing false positives is crucial for acquirers because high false positive rates can lead to poor customer experiences, lost revenue for merchants, and increased operational costs. If legitimate transactions are frequently declined, it can also harm the acquirer's reputation and trust with both merchants and customers.
Common causes of false positives include overly strict fraud detection rules, outdated algorithms that don't account for new transaction patterns, lack of real-time data analysis, and insufficient historical data. These factors can lead to the misclassification of legitimate transactions as suspicious.
Acquirers can reduce false positives by implementing machine learning models that adapt to new fraud patterns, using real-time data analytics, continuously updating their fraud detection rules, and incorporating advanced technologies like behavioral biometrics and artificial intelligence to enhance accuracy in transaction evaluation.
Machine learning helps reduce false positives by analyzing large datasets to identify patterns and anomalies that distinguish legitimate transactions from fraudulent ones. These models learn and adapt over time, improving their accuracy and reducing the likelihood of misclassifying genuine transactions as fraudulent.
Acquirers balance fraud prevention with customer experience by employing risk-based authentication, which adjusts security measures based on the transaction's risk level. They also use data analytics to refine their fraud detection algorithms and work closely with merchants to ensure that security measures do not overly inconvenience or frustrate customers.