Is Your Payment System Struggling to Keep Up with Evolving Fraud and Compliance Challenges?
Streamline fraud detection and compliance, reduce fines, and enhance customer experience to thrive in the cross-border payment landscape.
Evolving Fraud Schemes Across Jurisdictions
APP scams, mule networks, and synthetic IDs shift tactics quickly, exploiting gaps between issuing, acquiring, and FX corridors—forcing cross-border payment firms to chase threats in multiple time zones.
Fragmented Global Compliance Obligations
You must align with conflicting AML, sanctions, and data-privacy rules in dozens of markets. Manual rule updates raise audit risk, slow market entry, and expose you to costly fines.
Real-Time Screening at High Velocity
Cross-border rails clear in seconds. Legacy fraud tools can’t score multi-currency data fast enough, leading to revenue-draining chargebacks or blanket declines that anger good customers.
Balancing Security With Seamless CX
Heavy verification steps deter fraud but add friction, cart abandonment, and lost remittance volume. Finding the sweet spot between protection and conversion is a daily struggle.
FraudNet Solutions: Transforming Global Payment Security Instantly
Streamline fraud detection and compliance, boosting security and efficiency for cross-border payment firms.
AI-Native Pattern Recognition
Learns emerging scams and flags anomalies instantly.
Automated Global Compliance Engine
Maps every payment to evolving AML and sanctions rules.
Millisecond Transaction Scoring
Risk-scores each cross-currency payment pre-authorization.
Adaptive Authentication Orchestration
Applies step-up checks only when real risk is high.
Unified, Cloud-Scale Platform
Streamline your cross-border operations with FraudNet's unified dashboard, which consolidates fraud, AML, and sanctions screening. Gain a single source of truth across all payment corridors, enabling seamless sharing of intelligence and enhancing your team's efficiency and decision-making.
Precision That Cuts False Positives
Harness the power of AI-driven accuracy with our models built on global fraud signals. Effortlessly block malicious activities while boosting approval rates for legitimate cross-border transactions, ensuring your business thrives without compromising security or customer satisfaction. Experience precision that transforms your payment operations.
Rapid Deployment and ROI
Integrate seamlessly with your current systems in just weeks. Our API-first architecture reduces analyst workload and minimizes chargebacks, allowing you to see significant cost savings and improved efficiency within the first quarter. Experience streamlined operations and enhanced profitability swiftly.
Impact & Results
Delivering Results that Matter
We don’t just promise better fraud control—we deliver tangible improvements that protect your business.
97%
Fewer False Positives
Approve more valid transactions confidently.
88%
Fraud Reduction
Experience double-digit reductions in fraud-related chargebacks
60%
Cost Savings
Save time and resources while securing your revenue.
Why FraudNet
Future-Proof Your Fraud & Risk Program
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.
Customizable & Scalable
No-code rules engine, flexible dashboards, and tailor-made machine learning models that are designed to adapt seamlessly and scale alongside your business.
End-to-End Platform
Unify fraud detection, compliance, and risk management into one powerful solution, saving valuable time and streamlining your operations.
AI Precision You Can Rely On
Reduce false positives, detect and prevent more fraud, and mitigate risk with highly accurate, real-time risk scoring and anomaly detection you can trust.
Real-Time Fraud Intelligence
Leverage advanced analytics, comprehensive reporting, and our Global Anti-Fraud Network to make faster, smarter decisions on the spot.
Testimonials
Real Success From Real Teams
Fraud.net’s flexibility has helped our AfterPay business grow by allowing us to meet our increasingly complex customer and country requirements. Their platform has enabled Arvato to increase our agility and significantly reduce fraud attacks.
Director Risk & Fraud, Arvato
FraudNet's combination of customized machine learning and flexible rules management has been transformative. We've achieved dramatic efficiency gains while maintaining robust fraud protection - a game-changer as we navigate evolving regulatory requirements.
Head of Financial Crime, Countingup
The great usability of Fraud.net is night and day when comparing it to our prior risk prevention platform. Reporting is also faster, more straightforward, and more impactful. With Fraud.net, we can easily visualize and share findings, providing our leadership with a clear understanding of the return-on-investment for our activities in real-time.
Fraud Manager, Global Financial Institution
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FAQs
What are some common cross-border fraud tactics?
Common cross-border fraud tactics include phishing schemes, identity theft, account takeovers, and card-not-present (CNP) fraud. Fraudsters often exploit weaknesses in international transaction systems, using techniques like synthetic identities and transaction laundering. They may also leverage jurisdictional differences in fraud detection and law enforcement to conduct their activities.
How do fraudsters exploit cross-border transactions?
Fraudsters exploit cross-border transactions by taking advantage of the complexity and variability of international payment systems. They often use tactics like transaction layering to obscure the origin of funds, exploit differences in regulatory frameworks, and target weaker systems in countries with less stringent security measures. Additionally, they may use fake identities or compromised accounts to conduct fraudulent transactions.
What role does technology play in preventing cross-border fraud?
Technology plays a crucial role in preventing cross-border fraud by enabling real-time transaction monitoring, employing machine learning algorithms to detect patterns indicative of fraud, and enhancing identity verification processes. Advanced technologies such as artificial intelligence and blockchain can improve transparency and traceability, helping to identify and mitigate fraud risks more effectively across borders.
How can businesses protect themselves from cross-border fraud?
Businesses can protect themselves from cross-border fraud by implementing robust fraud detection and prevention systems, including multi-factor authentication, encryption, and real-time monitoring. They should also keep up with the latest fraud trends and ensure compliance with international regulations. Educating employees and customers about common fraud tactics and establishing strong partnerships with financial institutions for information sharing are also key strategies.
What are the challenges in combating cross-border fraud?
Combating cross-border fraud presents several challenges, including differing regulations and enforcement capabilities across countries, language barriers, and the complexity of international payment systems. Additionally, fraudsters can quickly adapt to new security measures, making it difficult for businesses and authorities to stay ahead. Coordination between international law enforcement and financial institutions is often required to effectively address these challenges.
Why is cross-border fraud on the rise?
Cross-border fraud is on the rise due to the increasing volume of global e-commerce and digital transactions. The complexity and speed of international payments provide opportunities for fraudsters to exploit vulnerabilities. Additionally, the global nature of fraud makes it difficult to enforce laws consistently across different jurisdictions, allowing criminals to operate with relative impunity. Increasing sophistication in hacking and data breaches also contributes to the rise in fraud cases.